Romania’s Nuclearelectrica to sell less energy to retail, at a higher price

State-owned electricity producer Nuclearelectrica will sell next year 2.25 million MWh on the regulated market, representing 21.4% of scheduled production, down 40% from 3.74 million MWh this year, but at a rising price, according to a decision of Romania’s energy authority ANRE.

“Nuclearelectrica informs investors and shareholders that on December 16, the National Regulatory Authority for Energy (ANRE) sent Nuclearelectrica a decision according to which the company has to sell 2.25 million MWh (about 21.4% of scheduled production) on the regulated market in 2015,” reads a report of the company sent to the Bucharest Stock Exchange (BVB), cited by local Mediafax.

The selling price for that quantity is set at RON 158.63 per MWh, which implies revenues of some EUR 79.86 million. The price doesn’t include the regulated tariff for introducing the energy into the transport network, of RON 10.32 per MWh, which generates costs of EUR 5.2 million for Nuclearelectrica.

The price for which the company will sell energy on the regulated market next year is higher than the one this year.

irina Popescu, [email protected]