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Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at iulian@romania-insider.com. 

 

Romania’s electricity consumption recovers close to pre-crisis levels

The electricity consumption in Romania, 18.8TWh in January-April, returned close to the pre-crisis level - but the recovery was uneven between categories of customers.

Part of the electricity consumption has, in fact, “moved” from the “economy” sector (corporate customers) to households.

Based on the statistics office (INS) data, the amount “shifted” among customers is just over 2.5% of the total domestic consumption in January-April.

Overall, the electricity consumption increased by 5.2% YoY to 18.8TWh in January-April. Still, the household’s consumption soared by 10.3% YoY - or with 458 mln kWh, while the corporate consumption advanced by only 3.7% YoY (+484 mln kWh). This effect will perhaps fade away as the share of work-from-home employees is decreasing.

On the production side, the domestic electricity output increased by 6.6% to 20.7TWh, but this was still not enough for covering domestic demand (21.1TWh).

The net import of electricity decreased by one-third YoY to 0.4TWh in the first four months of the year.

iulian@romania-insider.com

(Photo source: Pexels.com)

Normal
Profile picture for user iuliane
Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at iulian@romania-insider.com. 

 

Romania’s electricity consumption recovers close to pre-crisis levels

The electricity consumption in Romania, 18.8TWh in January-April, returned close to the pre-crisis level - but the recovery was uneven between categories of customers.

Part of the electricity consumption has, in fact, “moved” from the “economy” sector (corporate customers) to households.

Based on the statistics office (INS) data, the amount “shifted” among customers is just over 2.5% of the total domestic consumption in January-April.

Overall, the electricity consumption increased by 5.2% YoY to 18.8TWh in January-April. Still, the household’s consumption soared by 10.3% YoY - or with 458 mln kWh, while the corporate consumption advanced by only 3.7% YoY (+484 mln kWh). This effect will perhaps fade away as the share of work-from-home employees is decreasing.

On the production side, the domestic electricity output increased by 6.6% to 20.7TWh, but this was still not enough for covering domestic demand (21.1TWh).

The net import of electricity decreased by one-third YoY to 0.4TWh in the first four months of the year.

iulian@romania-insider.com

(Photo source: Pexels.com)

Normal
 

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