News Apr. 19th, 2011

Eng. Paul Keisch Page 1

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.