Electricity reform in Romania

Oana Diaconu, Gheorghe Oprescu and Russell Pittman

Utilities Policy, 2009, vol. 17, issue 1, 114-124

Abstract: Romania is a net exporter of electricity to the SE Europe region. Its performance of this role will increase in importance with (a) the completion of another nuclear generator and (b) improvement in capacity for international transmission. Romania has committed itself to an electricity restructuring plan that includes vertical separation, but plans remain uncertain regarding the horizontal restructuring of generation. Among the more important issues yet to be decided are (a) how hydro capacity will be allocated - it has more than 1/4 of capacity and enjoys low costs - and (b) how many thermal generation enterprises will be created, and with what assets. With more than 1/2 of the thermal capacity accounted for by CHP plants and with a winter demand peak for the foreseeable future, there is a real danger of inflexibility and a lack of competitiveness in a liberalized wholesale electricity market.

Keywords: Electricity; Restructuring; Competition; Romania (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0957-1787(08)00026-X
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Electricity Reform in Romania (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:17:y:2009:i:1:p:114-124

Access Statistics for this article

Utilities Policy is currently edited by Beecher, Janice

More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().