Romanian Energy Regulator Sees MWh Price At EUR33 By 2017

Romanian energy market regulator ANRE expects the price of electricity to rise buy EUR2.5 per MWh, to EUR33 by 2017, according to authority official Zoltan Nagy-Bege.

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"Even if the price doesn't reach EUR33 per MWh, according to ANRE calculations the price of energy will rise by 25%-30% (following the enactment of renewable energy legislation)," the official said.

The legislation aimed at supporting the production of electricity from renewable sources will not be complete earlier than April-May 2011, since European Commission procedures are highly bureaucratic, according to the ANRE representative.

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