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Three major players fight for the top spot on the electricity trading market

Publicat la 23.08.2009, 21:00:00

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Three major players fight for the top spot on the electricity trading market

Thus, the leader of suppliers on the competitive market, the state-owned Complexul Energetic (CEN) Craiova energy producer lost one point of its market share, remaining with 12 percent. Electrica, with its state-owned subsidiaries, also has a 12 percent market share.

In May, CEN Craiova and Electrica, together with all their subsidiaries, are just one step ahead of the Swiss Alpiq company, which also controls the ATEL trader. Alpiq, through the EHOL Distribution and Buzmann Industries traders, had 11 percent of the local competitive energy supply market at the end of May.

“In a crisis situation, several traders were affected, because they were unable to respond properly to the request by industrial consumers for tariff reductions. One had to have a sufficiently large client base in order to afford renegotiating with producers and actually obtaining something,” the Development Manager of CEZ Romania, Doru Voicu, said recently.

Players on the local energy market were sharply affected by the crisis in the first half of this year on the entire production-supply chain, due to a decline in industrial consumption by as much as 45 percent, which translated into a 20-40 percent drop in business.

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