Extension of electricity and gas price caps until August 2023

The Romanian Government extended the electricity and natural gas price caps from 1 September 2022 until 31 August 2023. For electricity consumers the following price caps apply - RON 0.68/kWh for consumption of 0-100 KWh, RON 0.80/kWh for consumption of 100.01-255 KWh. For natural gas consumers the maximum price is RON 0.31/kWh without a consumption ceiling. Additionally, electricity suppliers are obliged to purchase electricity at a maximum price of RON 1,300 per MW. Natural gas producers can sell gas to suppliers of domestic consumers at maximum of RON 150 per MW.

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