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14 November 2022
Friday, 11 November 2022, Emergency Government Ordinance 153/2022 (“EGO 153”) was published in the Official Gazette.
This is the last of a series of seven normative acts issued in less that one year to address the negative effects of the existing energy crisis. Furthermore, new legislative amendments are expected to be brought by the Parliament during the process of approving EGO 119/2022.
The main amendment brought by EGO 153 is the requirement to have electricity sold on the centralised market for the period 1 January 2023 – 31 March 2025. In a nutshell:
Electricity shall be sold to a sole purchaser (i.e. OPCOM) which shall further sell electricity to suppliers. Both the sale and the purchase price shall be of RON 450 (approx. EURO 90). The related mechanism is detailed in an annex to EGO 153.
The above does not apply to a) electricity produced from renewable sources, b) production facilities put into function after 1 April 2022, c) producers supplying thermal energy into SACET or d) producers having a total production capacity below 10MW.
Failure to comply with the mentioned obligation triggers a fine ranging between 1% and 5% from the annual turnover.
The obligation for producers to sell electricity through bilateral agreements concluded after 1 September 2022 only to a limited number of customers has been repealed.
It is worth mentioning that EGO 153’s supporting note mentions the provisions of the Council Regulation (EU) 2022/1854 of 6 October 2022 on an emergency intervention to address high energy prices.
14 November 2022
Friday, 11 November 2022, Emergency Government Ordinance 153/2022 (“EGO 153”) was published in the Official Gazette.
This is the last of a series of seven normative acts issued in less that one year to address the negative effects of the existing energy crisis. Furthermore, new legislative amendments are expected to be brought by the Parliament during the process of approving EGO 119/2022.
The main amendment brought by EGO 153 is the requirement to have electricity sold on the centralised market for the period 1 January 2023 – 31 March 2025. In a nutshell:
Electricity shall be sold to a sole purchaser (i.e. OPCOM) which shall further sell electricity to suppliers. Both the sale and the purchase price shall be of RON 450 (approx. EURO 90). The related mechanism is detailed in an annex to EGO 153.
The above does not apply to a) electricity produced from renewable sources, b) production facilities put into function after 1 April 2022, c) producers supplying thermal energy into SACET or d) producers having a total production capacity below 10MW.
Failure to comply with the mentioned obligation triggers a fine ranging between 1% and 5% from the annual turnover.
The obligation for producers to sell electricity through bilateral agreements concluded after 1 September 2022 only to a limited number of customers has been repealed.
It is worth mentioning that EGO 153’s supporting note mentions the provisions of the Council Regulation (EU) 2022/1854 of 6 October 2022 on an emergency intervention to address high energy prices.
14 November 2022
Friday, 11 November 2022, Emergency Government Ordinance 153/2022 (“EGO 153”) was published in the Official Gazette.
This is the last of a series of seven normative acts issued in less that one year to address the negative effects of the existing energy crisis. Furthermore, new legislative amendments are expected to be brought by the Parliament during the process of approving EGO 119/2022.
The main amendment brought by EGO 153 is the requirement to have electricity sold on the centralised market for the period 1 January 2023 – 31 March 2025. In a nutshell:
Electricity shall be sold to a sole purchaser (i.e. OPCOM) which shall further sell electricity to suppliers. Both the sale and the purchase price shall be of RON 450 (approx. EURO 90). The related mechanism is detailed in an annex to EGO 153.
The above does not apply to a) electricity produced from renewable sources, b) production facilities put into function after 1 April 2022, c) producers supplying thermal energy into SACET or d) producers having a total production capacity below 10MW.
Failure to comply with the mentioned obligation triggers a fine ranging between 1% and 5% from the annual turnover.
The obligation for producers to sell electricity through bilateral agreements concluded after 1 September 2022 only to a limited number of customers has been repealed.
It is worth mentioning that EGO 153’s supporting note mentions the provisions of the Council Regulation (EU) 2022/1854 of 6 October 2022 on an emergency intervention to address high energy prices.