Romania Transelectrica Sees Power Consumption Rising 2% In 2011

„Electricity consumption is estimated to reach 54.8 TWh in 2011, from 53.8 TWh a year earlier, boosted by growths in industry and services,” Stelian Gal said.

Earlier January, Transelectrica officials said Romanian power consumption increased by 4.7% in 2010, after a decline of 8.2% in 2009.

Transelectrica is 73.64% owned by the Ministry of Economy, while investment fund Fondul Proprietatea owns 13.5% of the company’s shares.

On the Bucharest bourse Wednesday morning, Transelectrica traded flat at RON21 a share.