{"id":2186,"date":"2024-10-21T07:01:23","date_gmt":"2024-10-21T07:01:23","guid":{"rendered":"https:\/\/ofero.news\/?p=2186"},"modified":"2024-10-21T07:01:23","modified_gmt":"2024-10-21T07:01:23","slug":"power-supply-companies-in-romania-claim-state-owes-them-eur-1-bln-in-compensations","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=2186","title":{"rendered":"Power supply companies in Romania claim state owes them EUR 1 bln in compensations"},"content":{"rendered":"<p>Romanian power supply companies claim that the state owes them some EUR 1 billion in compensation under the price regulation mechanism, which seriously hinders their ability to purchase electricity under medium-term contracts and keeps them dependent on the prohibitive and volatile spot markets, <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/energie\/furnizorii-de-energie-avertizeaza-nu-putem-cumpara-angro-pentru-consumul-anului-viitor-datoriile-statului-pentru-compensarea-plafonarii-sunt-de-circa-1-miliard-de-euro-21807268?mc_cid=dbe4d15fe7&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Profit.ro<\/a> reported.<\/p>\n<p>Separately, the Federation of Associations of Energy Utilities Companies (ACUE) claims that energy producers avoid selling electricity under medium-term contracts.<\/p>\n<p>The two obstacles prevent the functioning of the market that needs to be set in place before the price capping system is phased off on April 1, 2025. Without such a functioning market, there is no signal or visibility about what the electricity prices will be on the market in the medium term, ACUE argues.<\/p>\n<p>Besides paying on time their dues to energy suppliers, the authorities should put in place a \u201cpower release\u201d mechanism similar to that set in place in the past for natural gas: producers would be compelled, under this temporary scheme, to put up for sale packages of energy on the medium-term market.<\/p>\n<p>There are almost no contracts put up for sale by the power producers with the delivery date 2025, which is not boding well for the end-user prices next year, argued the executive director of ACUE, Dana D\u0103r\u0103ban.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">17s\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romanian power supply companies claim that the state owes them some EUR 1 billion in compensation under the price regulation mechanism, which seriously hinders their ability to purchase electricity under medium-term contracts and keeps them dependent on the prohibitive and volatile spot markets, Profit.ro reported. Separately, the Federation of Associations of Energy Utilities Companies (ACUE) [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2186","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2186"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2186\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}