Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeUncategorizedRomania: Energy prices...

Romania: Energy prices remain capped for another year

Cap on energy prices will remain unchanged until March 2025, Romanian Energy Minister Sebastian Burduja announced. That means Romanian consumers will continue paying the EU’s fourth cheapest gas prices.

After March 2025 adjustments to the pricing scheme may occur depending on market dynamics, Bursuja added, noting that the aim is to better target support towards vulnerable Romanians.

The transition will be “gradual, transparent and predictable” because it is important to ensure “the stability” of the energy market, Burduja said, according to Agerpres.

Burduja highlighted that the price caps have enabled Romanian consumers to access gas at the fourth cheapest rates in the European Union.

Regarding electricity, over five million households benefit from a monthly bill of 35 lei (€7), “a reasonable bill”, the minister said.

He also noted that many energy suppliers currently offer prices below the government-set ceiling, allowing consumers to easily switch contracts if dissatisfied.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...

European solar and wind energy trends: August declines in solar, mixed wind performance

During the week of August 25, solar photovoltaic (PV) energy production declined across major European electricity markets compared to the previous week. The French and German markets saw the largest decreases, dropping 16% and 10% respectively, marking their second...
Supported byVirtu Energy
error: Content is protected !!