Price capping scheme is financed by the money that operators take from banks

Autor: Cătălin Lupășteanu

Publicat: 01-04-2025 19:52

Actualizat: 01-04-2025 22:52

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Sursă foto: Pinterest

The energy price capping scheme is currently financed by money that operators take from banks and we do not understand that these costs will not evaporate, but will later be reflected in the final cost of consumers, the executive director of the Federation of Associations of Energy Utility Companies (ACUE) Daniela Daraban said on Tuesday.

"This concern, regarding the final consumer price and this collective effort in the decision-making area to keep it under control through such measures, through which in fact and by law you stop investments, is a temporary solution, which does not reduce the cost, but will cost us much more, later. This capping scheme hides costs of a year and a half. We are in a scheme that fails to ensure the necessary market liquidity. This capping scheme is financed, at the moment, by money that the operators take from the banks and we do not understand that these costs will not evaporate, but will later be reflected in the final cost on consumers," Daraban told a debate on the role of the energy sector in Romania's economic development.

In terms of settlement requests, the procedure for validating the figures is at the level of January-February 2024, "in the happiest situations."

"We stumble, we hear that there are bureaucratic problems. All the operators who have weathered this crisis and somehow saved the situation, none of them knows how to fill in a charging platform at ANRE, but absolutely none of them and the entire market is blocked, because we do not fill in correctly. We are very honest with uploading the data to August or December 2024, and with validating the figures, the settlement requests for January-February 2024, in the happiest situations. So, how can we talk about an extension of this scheme? How can we talk very relaxed that everything is fine? It is now a situation somewhat masked by an effort that, I am sorry to say, the largest share is on the private sector. We must understand that all these exercises of creativity in the decision-making area only add to the list of costs and risks for this country and for this sector."

Financial Intelligence and the Federation of Associations of Energy Utilities Companies (ACUE) organised on Tuesday a debate on the role of the energy sector in Romania's economic development.

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