{"id":595809,"date":"2022-04-13T20:18:02","date_gmt":"2022-04-13T20:18:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=595809"},"modified":"2022-04-13T20:18:02","modified_gmt":"2022-04-13T20:18:02","slug":"the-energy-markets-in-romania-discussion-with-sever-silaghi","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/the-energy-markets-in-romania-discussion-with-sever-silaghi_595809.html","title":{"rendered":"The Energy Markets in Romania discussion with Sever Silaghi"},"content":{"rendered":"<p style=\"text-align: justify;\" dir=\"ltr\">Sever Silaghi is discussing the Romanian energy market sector crisis, the causes of these crises are numerous, ranging from the energy sector&#8217;s fundamental structure to the severe imbalance between supply and demand, which is exacerbated by new development constraints imposed by the European Union&#8217;s ambitious targets. Imperfections result in price signals that have become intolerable for the average consumer, and even more so for the vulnerable consumer. As a result, it is clear that the time has come for a thorough examination of the current situation and the establishment of appropriate measures.&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">Addressing issues such as the electricity market&#8217;s current problems and the need to adapt to the conditions imposed by rising electricity demand, the electricity generation sector&#8217;s decarbonisation targets, and the need to promote renewable energy sources through electricity systems. energy storage, distribution system issues, and the emergence of virtual power plants.&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">Three significant challenges were identified: a) lowering the CPT, b) measuring electricity, and c) integrating energy producers and consumers into the electricity grid (prosumers). We require transparent studies that demonstrate how we can navigate a period of energy transition under duress, what assumptions we can make, and which projects should be supported. All energy specialists are obligated to submit detailed studies outlining a portfolio of strategic projects that we can support through a legislative amendment that will enable them to be accelerated.&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">Concentrating electricity generation in a single area (for example, in Romania&#8217;s Dobrogea region) results in a roughly threefold increase in CPT, based on very specific technical conditions studied. Transelectrica, the Transmission and System Operator, has a program in place to replace transformation units, which results in a reduction in its own technological consumption.&nbsp; Energy storage projects can be developed in three ways: as an independent storage, as &#8220;back-up&#8221; storage &ndash; as an internal business of a renewable energy producer (volatile), or as customer storage. On the market in accordance with EU Regulation No. 943\/2019.&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">The electricity market model implemented in 2012 was rigid, a model with numerous restrictions, a market model in which direct trading was prohibited, a market model in which PPAs could not be concluded, a market model in which only standardized products could be traded, a market model in which hedging and modern profiling products, futures derivatives, were not available. The electricity market operator was granted a single license, effectively eliminating competition in this segment. And what happened to all of this? They stifled investment, dissuaded investors, and pushed trading to the spot market.&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">Solving the electricity deficit and lowering prices does not require a new market model; rather, it requires finding ways to stimulate investment. Three points are emphasized:&nbsp;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">1) The electricity network&#8217;s flexibility must be increased in accordance with the capacity of the National Energy System;<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">2) The Romanian electric power system must be connected to the electric power systems of Ukraine and the Republic of Moldova; and<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">3) The transmission system operator&#8217;s (TSO) and distribution system operator&#8217;s (DSO) collaboration must be improved.<\/p>\n<p style=\"text-align: justify;\" dir=\"ltr\">Webstie: <a rel=\"nofollow\" href=\"http:\/\/www.bcinvest.solar\">http:\/\/www.bcinvest.solar<\/a><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/bcinvest.solar_90064.html\" rel=\"nofollow\">BC SOLAR INVESTMENT <\/a><br \/><strong>Contact Person:<\/strong> Silaghi Sever<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=the-energy-markets-in-romania-discussion-with-sever-silaghi\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Country:<\/strong> Romania<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.bcinvest.solar\" target=\"_blank\" rel=\"nofollow\">www.bcinvest.solar<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.bcinvest.solar\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=the-energy-markets-in-romania-discussion-with-sever-silaghi\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sever Silaghi is discussing the Romanian energy market sector crisis, the causes of these crises are numerous, ranging from the energy sector&#8217;s fundamental structure to the severe imbalance between supply and demand, which is exacerbated by new development constraints imposed &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/the-energy-markets-in-romania-discussion-with-sever-silaghi_595809.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[409,435,411],"tags":[],"class_list":["post-595809","post","type-post","status-publish","format-standard","hentry","category-Energy-Environment","category-Europe","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/595809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=595809"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/595809\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=595809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=595809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=595809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}