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Policy & Regulation

Romania shifts to gas amid surge in CO2 price

Gas-fired power is likely to make significant gains in Romania’s energy mix in the coming years, particularly if the regulatory burden on domestic gas production is lifted Gas-fired power is likely to make significant gains in Romania’s energy mix in the coming years, particularly if the regulatory burden on domestic gas production is lifted.
By Christian Ernhede 5 December 2019 Europe & Russia / Supply & Demand 0 34847
Ludovic Orban (front left), leader of the National Liberal Party, at the no-confidence vote in parliament in November. (PA)

The key issue: Romania’s Complexul Energetic Oltenia is struggling because of higher EU carbon prices, while rival Romgaz is investing in lower-emission gas power plants to safeguard the country’s electricity supplies.

Interfax analysis: Romania’s gas sector looks well-placed to make up for any shortfalls in the country’s power capacity resulting from the decommissioning of coal plants. This will be particularly true if last year’s sudden taxes and price caps are withdrawn and domestic gas production from the Black Sea picks up.

State-owned energy company Complexul...