Friday, 20 September 2013

Romania Power Report Q4 2013

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Romania Power Report Q4 2013
Sep 18th 2013, 00:00

Price: $ 1295  

BMI View: The Romanian government is attempting to revive its privatisation plans, which have stalled since the electricity market was officially liberalised in 2007. Although the government has emerged from a period of significant political instability at the end of 2012, and remains committed to its plans to sell off its state hydro and nuclear power companies, further delays are likely in the short term. The government is also seeking to hike electricity prices and establish a capacity expansion programme capable of meeting long-term demand growth. While plans to expand nuclear power generation are in disarray, there is growing momentum behind the country's wind and solar power programmes. However, with the government now set to suspend its incentive scheme, due to the fact that costs have been ...

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