Factsheet for measure
RO-2022-36/3126
– measures in Romania
Energy Transition Fund
Fondul pentru Tranzitie Energetica
Background information
Starting on 1 September 2022, the tax on electricity producers’ additional revenues was replaced by a contribution to the Energy Transition Fund in order to accompany the energy transition process in Romania, such as financing of activities and investments in the energy sector restructuring. The money from the Energy Transition Fund can also be used for financial support for final energy consumers, financial support measures to help reduce energy consumption, financial support measures for the development of energy autonomy.
Content of measure
The tax on electricity producers’ additional revenues, valid until 1 September 2022, was replaced by a contribution to the Energy Transition Fund at 100% of the difference between the monthly selling price and the ceiling of 450 lei/MWh. The contribution now also applies to traders, suppliers who carry out trading activity and aggregators who trade quantities of electricity and/or natural gas on the wholesale market.
The contribution to the Energy Transition Fund is determined as follows:
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for electricity producers: contribution to the Energy Transition Fund equals the total delivered quantities multiplied by the difference between the monthly sale price and reference price (RON 450 (€90)).
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for electricity and gas traders, suppliers performing trading activities and aggregators: contribution to the Energy Transition Fund equals the total delivered quantities multiplied by the difference between the average monthly sale price and the average monthly acquisition price and multiplied by 1.02.
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for export or intra-community electricity sales: contribution to the Energy Transition Fund equals the total delivered quantities multiplied by the difference between the day ahead market price in the day before the transaction and the acquisition price of the electricity and multiplied by 100%.
The contribution to the Energy Transition Fund does not apply to electricity generation facilities commissioned after 1 September 2022 and to those companies providing public heat services that produce electricity through cogeneration.
Use of measure
At the moment, there is no publicly available information about the number of companies affected by the measure or the impact of the measure.
Target groups
Actors and funding
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Actors
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Funding
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National government
Company / Companies
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No special funding required
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: N/A
Involvement
The social partners did not express any public position concerning the measure.
Views and reactions
No public views or reactions have been expressed regarding the measure.
Sectors and occupations
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This case is sector-specific
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Economic area
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Sector (NACE level 2)
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D - Electricity, Gas, Steam And Air Conditioning Supply
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D35 Electricity, gas, steam and air conditioning supply
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This case is not occupation-specific.
Sources
