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News                                                                                 Apr. 19th, 2011



 The price of electricity will double over the next eight years


 The price of electricity will increase by 40 – 60 €/MWh over the next
 7 – 8 years, which represents a doubling compared to current rates,
 taking into account the implementation of schemes for Green
 Certificates, certificates of carbon dioxide emissions and bonus for
 energy production from cogeneration, said today president of the
 Association of Electricity Suppliers in Romania, Ion Lungu, in ‘Energy
 Focus’ conference.

 "The price of electricity will increase by 40–60 per €/MWh not earlier than 7–8 years. Growth was
 estimated taking into account the implementation of schemes for green certificates, carbon dioxide
 emissions and the cogeneration bonus, "said Ion Lungu.

 A week ago, the head of the Renewable Energy ANRE, Regman Radu, said in a seminar on energy
 issues that impact renewable energy in the electricity price to producers was estimated at 5–7% in
 2011 whereas renewable energy producers receive green certificates as a form of support.

 "The current electricity price is 45–47 €/MWh. Through the support scheme in green energy
 investments, the impact of renewable energy production on energy producer price can also be
 increased by 2.5 €/MWh in 2011", said Regman Radu. This would imply a price increase of 5–7%.

 By 2017, renewables impact could mean an increase of 33 €/MWh, he said, meaning a 73% increase
 in the price of producing energy.




Eng. Paul Keisch                                                                             Page 1

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News 20110419 price

  • 1. News Apr. 19th, 2011 The price of electricity will double over the next eight years The price of electricity will increase by 40 – 60 €/MWh over the next 7 – 8 years, which represents a doubling compared to current rates, taking into account the implementation of schemes for Green Certificates, certificates of carbon dioxide emissions and bonus for energy production from cogeneration, said today president of the Association of Electricity Suppliers in Romania, Ion Lungu, in ‘Energy Focus’ conference. "The price of electricity will increase by 40–60 per €/MWh not earlier than 7–8 years. Growth was estimated taking into account the implementation of schemes for green certificates, carbon dioxide emissions and the cogeneration bonus, "said Ion Lungu. A week ago, the head of the Renewable Energy ANRE, Regman Radu, said in a seminar on energy issues that impact renewable energy in the electricity price to producers was estimated at 5–7% in 2011 whereas renewable energy producers receive green certificates as a form of support. "The current electricity price is 45–47 €/MWh. Through the support scheme in green energy investments, the impact of renewable energy production on energy producer price can also be increased by 2.5 €/MWh in 2011", said Regman Radu. This would imply a price increase of 5–7%. By 2017, renewables impact could mean an increase of 33 €/MWh, he said, meaning a 73% increase in the price of producing energy. Eng. Paul Keisch Page 1