Full details of transactions with the closing price variation greater than 10%. The market operator is perceived and utilised by the ministry and energy regulator as a key tool to ensure competition, transparency, non discriminatory access to energy and reference price.

OPCOM is also a Nominated Electricity Market Operator designated according to the Regulation (EU) 2015/1222 for performing the day-ahead and intraday markets coupling for Romania.OPCOM is applying the Quality Management System complying with ISO 9001: 2008 – SR EN ISO 9001, respectively the Information Security Management System complying with ISO/IEC 27001– SR ISO/IEC 27001, both systems being certified by Lloyd’s Register LRQA.From 1984 to 1998, he conducted research, development, and related activities in the energy field before he became Technical Adviser to the President of the Romania’s National Electricity Company on power system restructuring and deregulation.In 2000, he moved over to OPCOM where he decisively contributed to the strengthening of the competitive electricity market in Romania.Since 2003, from the new position as CEO of OPCOM, he has been deeply devoted to the strategic development of the company and has made a decisive contribution to the progress of the trading mechanisms for electricity&gas markets and stayed focused on the integration of European wholesale electricity markets.In addition to these responsibilities he has always been concerned with university teaching activities.OPCOM – Operatorul Pietei de Energie Electrica si Gaze Naturale power prices rise • Remaining gap in generation mix will have to be filled by additional wind power generation in order to meet carbon reduction targets Gross electricity generation, generation mix (%) Gap (10%) – Options 1.
The electricity prices for households in Romania registered a slight increase from 2010 to 2019.

The trading portfolio offered by OPCOM ranges from electricity products to gas products, as well as green certificates.

Since 2000, OPCOM has been committed to strengthen a market place where energy and environmental certificates are traded in conditions of transparency and integrity. Today, power is generated from a variety of sources ranging from fossil fuels, like coal and oil, to renewable sources, like wind and solar.

Imports 3. Romania should complete the corporate governance reform of state-owned enterprises in the energy sector in line with the internal energy market legislation. Urbanization is also on the  rise along with the population and the lifestyles of people are changing. The process of electricity market This is in turn putting a strain on the existing power generation, transmission and distribution infrastructure. The development objective of the Electricity Market Project for Romania is to develop a well-functioning wholesale electricity market with the aim of: (a) putting in place a transparent and predictable commercial and regulatory framework and a power … Centralised Market for Electricity Bilateral Contracts » Centralized Market with double continuous negociation for Electricity Bilateral Contracts » CM-OTC Mechanism » Daily Results; Full details of transactions exceeding 50MW.

Gas new-built 4. Development of the power transmission and distribution network is also expected during this time period, in order to cope up with the growing power demand. Development of technologies like smart grids that are aimed at addressing these problems are contributing to the growth in the power market. Residential prices are much lower than the EU average (-38%), whereas industrial prices are in line with the EU average.In 2014, the Government approved a decree to exempt large industrial consumers ...Energy consumption per capita is about 1.7 toe (2019), which is 43% below the EU average, and electricity consumption amounts to 2 550 kWh/cap (54% below the EU average).Total energy consumption has increased slightly since 2014 (+1.3%/year), reaching 34 Mtoe in 2019; it had declined sharply between 2006 and 2014 (-2.9%/year).Romania is facing a decline in production because of the lack of investments in installations, despite the increase of hydrocarbon reserves (in particular in gas). Romania energy market report offers an incisive and reliable overview of the energy sector in Romania.

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