Romania's Energy Paradox. Expert: Cheap Energy Producers Track Highest Price, Not Cheap Market
8 Articles
8 Articles
Romania produces electricity at relatively low costs in hydro power plants and nuclear reactors, but this advantage is not automatically reflected in consumers' invoices. The explanation is the way in which the energy system has been reorganized and the energy...
Romania produces a large part of electricity at reduced costs, but this advantage is not found in the invoices paid by the population and companies. Energy expert Dumitru Chisăliţa argues that the explanation lies in the way in which the energy system was reorganized after 2000, but also in a European reorganization: the ambles "push" the prices up, and the expensive energy has come to set the market price, including for energy produced cheap.
Romania has hydro power stations and nuclear reactors that can produce electricity at relatively low costs, but the advantage of these resources is not automatically found in consumers' invoices, says the president of the Intelligent Energy Association (IEA), Dumitru Chisăliţa.
Romania has hydropower stations and nuclear reactors that can produce electricity at relatively low costs, but this advantage is not automatically found in invoices.
The small production costs of hydro and nuclear power plants can bring greater profits to producers, without automatically implying cheaper electricity for consumers. Dumitru Chisăliţa, president of the Intelligent Energy Association (IEA), argues that the explanation lies both in the Romanian energy system organisation and in the mechanism of market price formation. In a published analysis [...] Article Why not see cheap energy in invoices. Wha…
According to the president of the Intelligent Energy Association, the explanation can be found in the restructuring of the energy sector more than twenty years ago and in the current market pricing.
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