Romanian electricity producer Hidroelectrica recorded a net profit in the excess of 810 million euros in 2022, which is a 32.7 % increase compared to a net profit of 610 million euros in a year before.
The company’s total revenues amounted to 1.85 billion euros in 2022, which is a 40.3 % increase year-on-year.
On the other hand, the amount of electricity sold decreased by 16.2 % in 2022 dropping from 17.11 TWh in 2021 to 14.33 TWh. Electricity sold from the company’s own production also decreased by 19.7%, from 16.51 TWh in 2021 to 13.25 TWh in 2022. The average selling price of electricity increased by 65.1 % reaching 113.7 euros/MWh in 2022.