Romania to decide on phasing off energy price capping scheme by end-January
15 January 2025Romanian energy minister Sebastian Burduja announced that he is considering extending the capping-compensation scheme, in its current form, for another 3-6 months after April 1, 2025 - when it was supposed to be phased off. The ministry is working on several scenarios, he said.
One of the scenarios is to keep the compensation-cap scheme for 3-6 months, given that the situation in theregion is complicated, given the gas price increases, especially on the international market, Burduja said, as quoted by Economedia.ro.
"We want to protect end customers, with a transitional period of 3-6 months, we are yet to decide," he stated.
This scenario maintains the current form of the compensation-cap scheme, including the current price thresholds on invoices, valid until April 1.
Another scenario is targeting vulnerable consumers. "We subsidize them based on the socio-economic data ofeach household and not based on the level of consumption," the minister said.
Related
-
Romania to put in operation 2,500 MW of new power plants in 2025
15 January 2025
-
Romania’s Electrica launches solar tenders
14 January 2025
-
Ukraine adds over 800 MW of solar in 2024
14 January 2025
-
Brazil offers $815m to boost strategic mineral projects, enhancing supply chain
13 January 2025
-
All permits issued in Romania for Europe’s biggest solar power plant
12 January 2025
-
Vietnam to start $2bn LNG power plant this year in race to stave off blackouts
11 January 2025