“Today, at 13:00 (local time), the Chamber of Commerce gave us the 41 approvals we needed (…) The force majeure situation will last until the disappearance of the causes that have created it. We estimate force majeure will be maintained throughout the fourth quarter this year,” Trihenea said.
Recent droughts have decreased water levels across Romania.
“The Danube provides 40% of Hidroelectrica’s output. Lately, we have only produced 9,800 MWh of electricity per day, compared to 20,000 MWh in December 2010. Today, we have increased output to 12,000 MWh per day “, a adăugat Trihenea.
Under the contracts concluded, the company needs to deliver 17.4 MWh of electricity, but its output is estimated at only 15 TWh.
“We can deliver 63% of the electricity we have contracts to sell,” the company official added.