Feed-in tariff

Authorities are putting the final touches on work to ease the burden of electricity bills on households and businesses.

Government officials are devising a plan with different options, expected to be submitted to the cabinet soon.

Much of the electricity price hikes have been avoided by consumers, with subsidies starting last September and - according to assurances by Environment and Energy Minister Costas Skrekas, they will be maintained for as long as the energy crisis lasts.

Energy and Natural Resources Minister Fatih Dönmez will meet with representatives of electricity distribution companies in the afternoon today.

The main topic of the meeting will be investments that should be made to protect households against disruptions caused by natural disasters.

The government is currently weighing several options to lower the electricity costs of households and businesses.

At the start of the year, a gradual tariff was introduced for households' consumption and the Energy Market Regulatory Authority (EPDK) set the limit in the two-stage electricity billing system as 150 kilowatt-hours.

The final electrical energy consumption rose by 7 pct in the first six months of this year, compared to the similar period of last year, on the backdrop of an 8.3 pct increase in the consumption of the population, according to data from the National Institute for Statistics (INS) published on Thursday.

The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.

A price hike in household electricity consumption is expected in the upcoming months despite historically low oil prices because of currency fluctuation and the structural design of the Turkish electricity market, according to an expert.

The primary primary energy resources in the the first quarter of 2020 dropped by 2.4 percent compared to the same period of 2019, whereas the final electricity consumption decreased by 2.2 percent by comparison, the data published by the National Institute of Statistics (INS) on Tuesday showed.

Romania's primary energy resources decreased by 2%, in the first two months of 2020, while electricity resources were up 2.1%, y-o-y, according to data with the National Statistics Institute (INS) released on Monday. The main primary energy resources January 1 - February 29, 2020 totalled 5.746 million tonnes of oil equivalent (toe), down 120,000 toe from January 1 - February 28, 2019.

Romania's primary energy supply increased by 1.0pct, while electricity supply declined 4.5pct, both in the first five months of 2019, year-over-year, according to data published on Friday by the National Institute of Statistics (INS). The main primary energy supply January 1 - May 31, 2019 totalled 14.406 million tonnes of oil equivalent (toe), up 147,100 toe from the same period of 2018.