Romania, BRM announced that it will launch its platform for negotiating and trading bilateral electricity supply contracts

, SEE Energy News

The Romanian Commodity Exchange (BRM) announced that it will launch its platform for negotiating and trading bilateral electricity supply
contracts with a delivery duration greater than or equal to one month on 7 February.

The initiative of the Romanian Commodity Exchange to launch a trading platform takes place in the context of liberalizing the activity of
operating the energy markets provided for in accordance with Regulation (EU) 2019/943 on the internal market in electricity and Directive (EU) 2019/944 on common rules for the internal market in electricity, normative acts that allow the trading of electricity on over-the-counter markets not regulated by the domain authority.

According to the BRM, long-term bilateral contracts are meant to fill the gap currently felt in the domestic electricity market. In addition, they have a decisive role in covering the risks of volatility of the price of electricity, visible in the last period of time.