President of the Competition Council: electricity prices will remain high in Romania for at least the next 4-5 years, as long as we use coal for energy production

Bogdan Chirițoiu - InquamPhotos George Călin Foto: Bogdan Chirițoiu - (InquamPhotos / George Călin)

Electricity prices will remain high in Romania for at least the next 4-5 years, as long as we use coal for energy production, Bogdan Chirițoiu, president of the Competition Council, said on Thursday.

“It is the EU policy to make polluting energy expensive, economically unattractive. So as long as Romania and other EU countries need this expensive coal energy, prices will remain high. And at least in Romania we don’t see a possibility to replace coal in the next 4-5 years. This means that at least in these 4-5 years we will see high electricity prices”, said Chirițoiu, during a debate on energy issues organised by Expert Forum, Agerpres reports.

He explained that the market price is given by the most expensive energy, coal – in this case.

This means that the support measures granted by the authorities for domestic, vulnerable and industrial consumers will remain in place, the competition authority chairman pointed out.

Analize Economedia

Bani, investitie, economii
Marcel Ciolacu, premier
Incredere
constructii, locuințe, bloc, muncitori, șantier
cristian mihai ciolacu, nepotul premierului
Emil Boc, Sorin Grindeanu
Ministerul Energiei Sursa foto Peter Szijjarto
tbb foto event
productie, fabrica
Donald Trump, Trumponomics
euro, moneda, bancnote, bani
bani, finante, lei, financiar, deficit
Mugur Isarescu, guverantorul BNR
Azomures
inflatie bani echilibru balanta
452710313_472208142236025_2821867466000769013_n
Mugur Isărescu, Banca Națională a României, BNR
tineri joburi IUF- The International University Fair
crestere economica, grafic
bani, lei, moneda
noii directori de la Transelectrica - Economedia
crestere economica grafic calcule foto pexels-pixabay
retea electrica - Transelectrica
Ford Courier Craiova Otosan (1)
Schaeffler Romania 1
investitii bani
Nokian+Tyres+Romania+factory+1st+tire+02
Elena Deacu
calculator, job, grafice
automotive foto 2

“On gas, however, my expectation and hope is that gas prices will come down. Russia is Europe’s big source of gas and for various reasons there is speculation that Russia has reduced gas supplies at the moment and that is why we are seeing this increase. Once Russia’s deliveries increase, the price will probably go down not to the pandemic level, but to pre-pandemic levels, like 2019,” said the president of the Competition Council.

Edited for English

Urmărește mai jos producțiile video ale Economedia: