EC formally requests Romania to eliminate regulated prices in natural gas and electric energy - financiare.ro
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News » April, 2011 » 6 April 2011

EC formally requests Romania to eliminate regulated prices in natural gas and electric energy
06.04.2011, 18:32 | Energy | 954 views



The European Commission made an official request to Romania, Poland and Italy to comply with EU regulations and align their regulated prices for natural gas and energy, a press release of the EC reads. According to it, the Commission decided to send motivated requests to the three member states. If they do not respect the obligations in two months, the Commission can address the Court of Justice.

In compliance with regulations on the internal energy markets, all companies need to have the possibility to offer freely services across the EU and set its own prices that would reflect the market. Regulating prices creates entry barriers on the market and defines prices that do not reflect the needs of the market.

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