Romania: Market coupling influenced higher electricity exports, SEE Energy News
The Romanian electricity market regulator (ANRE) announced that the electricity export had been increased from 3.5 to 4.5 TWh, i.e. by 27 percent in the first five months of this year, in the context of the regional electricity exchange, established in November 2014. During this period, import was increased from 1.35 TWh to 1.7 TWh.
In the press release of this regulator, it is stated that, as from 19th November 2014, the day-ahead market in Romania has been functioning connected with the markets in the Czech Republic, Slovakia and Hungary. The data on the operation of the day-ahead market show that, in the first five months, and with respect to the same period last year, in the import-export balance, the electricity export was increased from 2.2 TWh to 2.8 TWh.
Several suppliers are not of the same opinion as the market regulator, claiming that the export was increased not due to the coupled market, but due to the situation that had arisen in the region, more precisely, due to the floods having occurred in Serbia.
They also state that there are not sufficient transmission capacities for the transactions from Romania to Hungary, whereas the possibilities for the transmission from Hungary to Romania are much more favorable. Traders say that Hungary possesses larger capacities that have caused the import increase.
There are rumors on the market according to which all the energy imported to Hungary is in fact Romanian, particularly cheap, produced in wind and solar power plants. However, this energy is resold at the prices that are much higher than the prices at which the traders have previously purchased it.
After the opening of the regional exchange, many vendors and suppliers have asked for changes in the transmission capacity allocation system, so that the possibility of export within daily transactions can also be used, particularly because Romania has the “daily” electricity that is cheaper than in the neighboring countries. , transmits Serbia-energy.eu