ANRE Press Release – investment plans of electricity distribution operators for 2019

PRESS RELEASE

In applying the regulatory framework through which firm obligations have been established for the concessionaire electricity distribution operators for the realization of the undertaken investments, they have submitted to ANRE the investment plans for the year 2019. From the submitted statements, it results that the eight concessionaire operators plan to make investments in a total value of approx. RON 1.6 billion.

This investment effort will target, at a rate of 90%, the electricity distribution network, with the execution of retrofitting works, consisting of replacing equipment worn and outdated, works to reduce own technological losses and improve the quality of the service and works to expand the network. A significant part of investment is dedicated to the implementation of smart metering systems, for which the operators have allocated a total value of approx. RON 75 million, accounting for 6% of the value of investments scheduled for 2019. 

The concessionaire electricity distribution operators have the obligation to fulfill at least 95% of the value of the annual investment plan undertaken and approved by ANRE. We mention that failure to fulfill the annual investment plan is sanctioned by fine, in the amount of 5-10% of the turnover achieved from the electricity distribution activity.

We recall that, as of 2018, the regulatory authority has strengthened control over the investment activity in the field of electricity distribution networks, so as to achieve a real improvement in the efficiency, reliability and safety of their operation, reflected in the increase in the performance level of the electricity distribution service.

We present below the investment plans of concessionaire distribution operators for the year 2019:

Directorate for communication, cooperation and relation with the Parliament

12.02.2019