Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...

Bosnia and Herzegovina: HPP...

As part of the ongoing construction of the Dabar hydropower plant, planned work...

Bosnia and Herzegovina: FBiH...

The Government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a...
Supported byClarion Energy banner
HomeSEE Energy NewsRomania, Wind raises...

Romania, Wind raises electricity exports to over 2,000 MW, knocking down spot prices

Significant wind energy production on Wednesday led to record Romanian electricity exports but a drop in prices on the OPCOM spot market.

The day-ahead market (DAM), managed by OPCOM, is the most important Romanian energy market with a volume covering about 50% of domestic consumption. DAM is a component of the wholesale electricity market in which hourly transactions are performed for the delivery of electricity the next day.

Purchasing suppliers in this market cover the difference in energy needed to supply end consumers, which is not procured through futures contracts.

The average price of electricity for delivery on Wednesday in Romania and Bulgaria was 174 euros per MWh, compared to 207 euros per MWh in Central Europe (including Germany), 213 euros per MWh in France and 230 euros per MWh in Italy.

Although it rose slightly, the price on Thursday in Romania and Bulgaria (194.4 euros per MWh) is also among the lowest in Europe.

Lower prices were recorded only in Norway (130 euros per MWh), Poland (152 euros per MWh), Sweden (159 euros per MWh), Spain and Portugal (191 euros per MWh).

On Wednesday, at 15:30 and 17:00, wind was the leading source of energy with production of over 2,652 MW (compared to the total installed capacity of 3,000 MW), while the share of solar energy reached 500 MW.

Hydropower production amounted to 2,500 MW, which means that with a total national production of 8,300 MW, renewable energy covered two thirds.

This allowed Romania to export over 2,000 MW at these intervals, an unprecedented level in recent times.

Romania exported electricity to Hungary during 23 intervals and to Bulgaria during 17 time intervals.

Source: e-nergia.ro

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: EIB invests 30 million euros in Pestera II wind farm to boost renewable energy and energy security

The European Investment Bank (EIB) is allocating up to 30 million euros to support a major wind energy project in Romania, reinforcing the country’s transition to renewable energy and bolstering its energy independence. This investment will help develop a...

Montenegro: EPCG announces tender for solar panels in Kapino Polje L1 power plant expansion

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of solar panels for the Kapino Polje L1 solar power plant near Nikšić. The project involves the acquisition of 8,625 photovoltaic modules, each with a capacity of...

Bosnia and Herzegovina: HPP Dabar construction advances with 66 million euros planned for 2025 and strong power output for RS

As part of the ongoing construction of the Dabar hydropower plant, planned work for this year is valued at 66 million euros. Danilo Ilic, the director of the project company, explained that current activities include construction on the power...
Supported bySEE Mining News
error: Content is protected !!