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Energy Investment Regularion Conference 2008, Budapest


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ROMANIA


Romanian Energy Regulatory Authority (ANRE)
(ERRA Full Member) 

National Regulatory Authority for Municipal Services (ANRSC)
(ERRA Associate Member)



country map

Key Statistics (2007)

Population

21.7 mil.

GDP/Capita

$ 5682 (2006)

Generation

Coal: 40%
Nuclear: 13%
Hydro: 28%
Hydrocarbons: 19%

Electricity Market Size

60.5 TWh/year

Net Electricity Exporter

3.381 TWh

Natural Gas Imported

4.77 bln m3 imported (29.1%) from Russia in 2007

Natural Gas Consumed

18.36 bln m3 in 2007

Natural Gas Reserves

350 bln cm

Summary
Romanian Electricity and Heat Regulatory Authority (ANRE)

  • Established in 1999, 108 staff members
  • Gergely Olosz was appointed as the ANRE President in June 2007
  • The ANRE regulates electricity and heat (only the heat produced in cogeneration). Responsibilities include tariff setting, licensing, protection of consumer and investor interests, and regulation of access to the transmission and distribution grids.
  • The ANRE is financed through license fees and contributions of the sector economic agents. 
  • Industry and Market Structure

    Electricity

    • Regulated third party access
    • 77 generators, license holders, one TSO, Market operator, 8 DOSs, 133 suppliers, license holders
    • Market opening – 100%
    • Wholesale market model
    • The main components of the wholesale electricity market are a bilateral contracts market, a voluntary power exchange (day-ahead market- DAM) and a balancing market. At the end of the 2007 around 10% of the final consumption was traded on the DAM. A green-certificates market is administrated by the Market Operator starting with November 2005.

    Natural Gas

    • Regulated third party access
    • Market structure: 7 production companies, 1 transmission company (state owned), 3 underground storage operators, 36 distribution companies, 70 supply companies, 2.68 ml consumers
    • 100% market opening in 2007
    • ANRE regulates end-user prices.
    Current Energy Issues
    • Energy prices and social protection
    Contact

    Romanian Energy Regulatory Authority (ANRE)
    (ERRA Full Member)
    3 Constantin Nacu Street, 020995, Bucharest 2, Romania
    Tel.: (40 21) 311 2244, Fax: (40 21) 312 4365
    Official website: http://www.anre.ro 


    National Regulatory Authority for Municipal Services (ANRSC)
    (ERRA Associate Member)
    Romulus Street, nr. 4, sector 2, Bucharest, Romania
    Tel.: (40 21) 326 17 81; Fax: (40 21) 326 17 82
    Official website: http://www.anrsc.ro

     

     Laws, Regulations 

      Org. Chart

    2007 Annual Report

    2006 Annual Report

      2005 Annual Report

      2004 Annual Report

        Grid Code

      License

      Tariff Methodology

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