The measure aims to ensure household consumers pay “reasonable” prices for the electricity received and will be applied until a deregulation process in the sector is completed in December 2017.
Hidroelectrica will have to sell up to 50% of its output at regulated tariffs. In the case of Nuclearelectrica, the ceiling was set at 40% of electricity production. Previously, the two companies had to sell up to 70% of their output at regulated prices, which were sometimes lower than the actual production costs.
Between them, the two power companies cover around 50% of Romania’s energy consumption.