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Romania: EU presses power-exchange over foreign competition

By  |  May 30, 2013

The European Commission sent a statement of objections on Thursday to Romania’s power-exchange operator OPCOM SA, as well as its owner Transelectrica SA, over concerns the two are deterring foreign businesses from entering the Romanian electricity market. The complaint comes after the Commission initiated an investigation into OPCOM last December in response to the operator’s new policy that all power exchange members must be established in Romania. According to the European regulator, OPCOM raises prices for foreign traders to enter the Romanian power exchange market.

Full Content: Bloomberg

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