Emergency Government Ordinance regarding the measures applicable to final customers of the electricity and natural gas market for the period 1 April 2022 – 31 March 2023, and amending other normative acts in the energy sector

On 18 March 2022, after much anticipation the Romanian Government approved Emergency Government Ordinance no. 27/2022 regarding the measures applicable to final customers of the electricity and natural gas market for the period 1 April 2022 – 31 March 2023, and amending other normative acts in the energy sector (“New EGO“). The New EGO was …

Long-awaited changes in the energy sector

On 31 December 2021, Emergency Government Ordinance no. 143/2021 amending and supplementing Law no. 123/2012 on electricity and natural gas (“EGO 143/2021”), entered into effect. It was a long-awaited amendment of Law no. 123/2012 on electricity and natural gas (“Law 123/2012”), since its main purpose was to implement Directive (EU) 2019/944 on common rules for …

Legislation establishing a compensation scheme for the electricity and gas consumption during the 2021-2022 cold season and imposing new taxation of producers on “excess” revenues has just been passed

On 4 October 2021, the Romanian Government approved Emergency Government Ordinance no. 118/2021 establishing a compensation scheme for the electricity and gas consumption during the 2021-2022 cold season and for amending Government Ordinance no. 27/1996 establishing amenities for people living or working in certain areas from the Apuseni Mountains and the “Danube Delta” Biosphere Reservation, …