More
    HomeTopicsEnergyEnergy Minister Ivan: “We are also considering a ‘Plan B’ scenario with...

    Energy Minister Ivan: “We are also considering a ‘Plan B’ scenario with a gradual reduction of the gas price cap”

    Published on

    Energy Minister Bogdan Ivan said on Thursday that authorities are also considering a “Plan B” scenario, which would involve a gradual reduction of the gas price cap, in case unlikely events disrupt the energy market.

    Speaking after the meeting of the National Energy Command, Ivan explained that discussions with gas market operators began as early as September to prepare several working scenarios and prevent a price shock after March 31, 2026, when the current price cap is set to expire.

    “Based on our current forecasts, we do not expect gas prices to increase after March 31, 2026. However, we are also considering a Plan B scenario, in which we would gradually reduce the price cap, in order to avoid a sudden shock for consumers, like what happened in the electricity market,” the minister said.

    He added that even now there are suppliers offering gas below the capped price, given Romania’s sufficient domestic production. In addition, the start of production at the Neptun Deep offshore project in 2027 is expected to further strengthen supply security and stabilize prices.

    According to Ivan, the gradual reduction mechanism could involve monthly decreases of around 8–10% until April 2027, with a focus on protecting consumers during the cold season, when gas consumption peaks.

    “Our goal is to ensure a healthy and stable market, with fair prices for consumers, without brutal state intervention,” the minister concluded.

    Source: Agerpres

    Latest articles

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    ENEVO Group and RenewAcad launch ENEVO Academy, a training program for employees and subcontractors

    ENEVO Group, in partnership with RenewAcad, has announced the launch of ENEVO Academy, a...

    Petru Ruset, Siemens Energy: “If we want to double energy production by 2050, we must also double the workforce”

    Growing electricity demand, supply chain constraints, workforce shortages and the need for stable market...

    Florin Pop, EnergoBit: “Romania can become an energy interconnection hub by 2030”

    The future of the energy sector will be shaped by digitalization, sustainability, cybersecurity, interconnections...

    More like this

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    ENEVO Group and RenewAcad launch ENEVO Academy, a training program for employees and subcontractors

    ENEVO Group, in partnership with RenewAcad, has announced the launch of ENEVO Academy, a...

    Petru Ruset, Siemens Energy: “If we want to double energy production by 2050, we must also double the workforce”

    Growing electricity demand, supply chain constraints, workforce shortages and the need for stable market...