Power consumption is forecast to decrease by 19.4% to 43.46 megawatt-hours in 2017, from 53.93 MWh in 2012.
“The downward trend was caused by the effects of the global financial crisis and by a weak economic activity. Also, the economic structure is changing and consumers are more invested in reducing consumption,” said Carmen Neagu, a member with Transelectrica’s supervisory board.
In the first half of 2013, domestic electricity consumption fell 4.1% on year to 28.22 MWh.
Transelectrica is majority-owned by the Finance Ministry, which controls 58.69% of its shares.
The company reported a net profit of 102.7 million lei (EUR23.1 million) in the first half of 2013, five-fold higher on the year. However, sales fell 24% to RON1.09 billion, hurt by lower revenue in the balancing market.