Friday, March 23, 2007

Romania: Electricity prices to rise by 3.95% on avg in April

14:09 - 22 March 2007
The price of electricity will go up starting April 1 by 3.95 on average, following the hydrological deficit registered last year, president of the Romanian Electricity and Heat Regulatory Authority (ANRE) Nicolae Opris said, ACT Media news agency reports.

‘'Under normal circumstances this should be the last rise of this year, however, if the year will be extremely droughty, a similar rise could occur in autumn,' said ANRE's president.

Opris is confident a new rise is not necessary because of the commissioning of the Cernavoda-based nuclear power plant's Reactor 2 in September provided the initial programme be observed and no delays reported.

Source: ACT Media News Agency

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