“We have 12 to 15 terawatt-hours of electricity we cannot consume. Producers must give up investing in new production units and prioritize their money to upgrade the existing facilitues,” said Remus Borza, president of Hidroelectrica’s Supervisory Board.
“We have production surplus, but companies continue to invest in renewables,” Borza told an energy seminar.
He said part of the electricity surplus could be used in agriculture, but the sector requires a better irrigation system.
“Increasing the consumption levels would create 100,000 new jobs and would bring more than EUR1 billion to the state budget,” Borza said.