Weekly energy market overview:...

During the second week of December, Brent oil futures for the Front Month...

European electricity prices: Weekly...

In the second week of December, average electricity prices fell in most major...

European electricity demand trends:...

During the week of December 8, electricity demand decreased across major European markets...

Europe: Solar and wind...

During the week of December 8, solar photovoltaic (PV) energy production increased in...
Supported byClarion Energy
HomeSEE Energy NewsRomania, Alro informed...

Romania, Alro informed the electricity transmission system operator Transelectrica about the planned reduction in its electricity consumption this year

Romanian aluminium producer Alro informed the electricity transmission system operator Transelectrica about the planned reduction in its
electricity consumption this year, as the company plans to shut down some of the electrolysis plants due to lack of electricity.

The company is the largest industrial electricity consumer in Romania, and it announced steps to decrease production in 2022 as a result of high electricity prices. Thus, between 1 and 31 January, Alro will reduce the power requested from the national grid by 50 MW. Between 1 and 8 February, the reduction will be 160 MW, and from 9 February until the end of the year, the aluminium producer needs 195 MW less than the normal amount it is allotted.

Alro is allotted a power of 917 MW, but its consumption was around 335 MW during 2021.

In late 2021, Alro has informed its investors that it will reduce the production of primary aluminum by 60 % in 2022. In the context of the exceptional situation on the energy and gas markets, the company’s Board of Directors decided that the production activity of primary aluminium will be reduced from five to two electrolysis halls.

In 2022, measures will be implemented to reduce costs and streamline the activity, and the quantities of primary metal that will no longer be
produced will be partially offset by recycled metal or primary metal purchased from third parties. Alro placed bids in 84 auctions on the Romanian electricity exchange OPCOM over the past three months, aiming to secure sufficient quantities for full operation in 2022 – but was outbid in 82 of those 84 auctions.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Weekly energy market overview: Brent Oil, TTF gas, and COâ‚‚ futures

During the second week of December, Brent oil futures for the Front Month on the ICE market reached their weekly maximum settlement price of $62.49/bbl on Monday, December 8, already 2.0% lower than the last session of the previous...

European electricity prices: Weekly trends and forecast

In the second week of December, average electricity prices fell in most major European markets compared to the previous week. The notable exception was the MIBEL market of Spain and Portugal, which recorded a 27% increase. Among the declines,...

European electricity demand trends: Weekly overview

During the week of December 8, electricity demand decreased across major European markets compared to the previous week, reversing the upward trend observed earlier. France recorded the steepest decline at 8.8%, marking the third consecutive week of falling demand....
Supported byVirtu Energy
error: Content is protected !!