Statkraft Romania was established in 2007 and targets wholesale electricity trading based on the evolution of the local and international market.
Daniel Pintilie, Statkraft Romania general manager, told Mediafax that the lower sales were triggered mainly by the law banning bilateral energy trade, adding that, nevertheless, things started to improve as authorities are taking steps in this respect.
OPCOM plans to launch an over-the-counter (OTC) real time trading platform in 2014. OTC, or off-exchange trading, is done directly between two parties and the price and the quantity exchange are not necessarily made public.
Pintilie also said that a positive evolution of the Romanian energy market was related to the increase of the power produced from renewable sources, especially wind power.
Norwegian state-owned energy group Statkraft operates 322 energy production units, with an installed capacity of over 16,000 MW. The company owns, produces and develops hydropower, wind power, gas power and district heating, employing 3,600 people in 20 countries.
Statkraft produces 60 TWh of electricity yearly, over 90% from renewable sources.