According to data published by ENTSO-E, Romania in 2014 exported around 7.28 TWh of electricity, namely around 12% of total output. The level is 54% higher against 2013 and above that of 2008, when 7 TWh of electricity were exported.
ENTSO-E data refers to the first ten or 11 months of the year, by export destination. According to the latest data provided by Transelectrica, output rose by 11.56% in the first nine months of 2014 against the same period of 2013. If the pace maintained for the entire year, Romanian energy producers churn out 62 TWh of energy and sent around 12% of this output abroad.
While these are the biggest volumes since 2008, by value the deals are below the level reached in 2008. According to data included in OPCOM reports, the average spot price for the first 11 months of the year revolved around EUR34/MWh. In 2008, energy sold for an average spot price of EUR51 and producers’ estimates for 2015 do not indicate a significant price rebound.
The most important export destinations for energy produced in Romania were Bulgaria, where over half of the total exported energy headed, namely 3.8 TWh in the first 11 months of 2014, and Serbia, which consumed 2.29 TWh of Romanian energy in the first 10 months of the year. Hungary comes third, with 1 TWh in the first 10 months.
(English version by Catalina Apostoiu)