Romania might face increase in the energy prices should it excel the agreed CO2 level

The energy might become more expensive in Romania if the country goes over the CO2 level imposed by the European Commission. The optimist scenario forecasts a 5% increase, the pessimist version – 10%.

„Romania has a 50 TWh annual consumption. After all the maths, it results that the price might go up 10 euros per MWh, meaning 10% more. This is the pessimist scenario. A realist version sees a 5% increase in the energy price”, according to Romanian Academy energy and environment expert Ionut Purica.

One CO2 tone costs between 12 and 30 euros. This gives a 25 euros medium price. Ionut Purica calculates an inner price of 500 million euros to get from the initial requested level, meaning 95-100 million CO2 tones, to the level imposed by the European Commission, namely 75-80 million CO2 tones.

Romania had a 63.7 million CO2 tones last year. „In the allocation plan, Romania asked between 95 and 100 million tones, but the European Commission approved 20% less, according to ANPM manager, Hortensia Dumitru.