A statistic from the Intelligent Energy Association (AEI) places Romania in 21st place in the world for electricity prices, which are 70 times more expensive than in Iran, where the cheapest electricity in the world is sold, and 58 times more expensive than in Bermuda, where the most expensive electricity is sold. The high prices are generated by internal factors, such as insufficient production capacities, high losses in transport and distribution systems, as well as increased costs of CO₂ emission certificates. Additionally, the transition measures towards renewable sources require large investments, and production variations from renewable sources affect costs.
External causes include the increasing demand for energy in Southeast Europe, the deterioration of energy infrastructure in Ukraine, and the rising prices of natural gas. The war in Ukraine has influenced supply chains and energy markets. Approximately 32% - 45% of the population is affected by energy poverty, and 20% of households consume less than half of the national average. High energy prices affect the competitiveness of firms and reduce investments, which can lead to economic stagnation.
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