Romania gets European gas and power law

, SEE Energy News

The country has transposed the European directives on a common electricity and natural gas market through a new law that was published in the Official Gazette on Monday, following a 2 year debate.

The law aims to make the electricity market more transparent and competitive, in the same time strengthening the energy regulator ANRE. In addition, prices in electricity and natural gas for electricity and gas will be deregulated by 2014 for industrial consumers and by 2017 in households. The law defines the vulnerable consumer and streamlines procedures for clients that what to change electricity suppliers.