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20260806 130000 UTC
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[00:00:19] Good afternoon, everyone, I'm Cătălin Deacu and I'm presenting the economic analysis show
[00:00:23] "Money Today". The energy crisis is starting to show in higher
[00:00:26] costs for the population. Some suppliers have sent offers to
[00:00:30] consumers whose contracts are expiring, and these offers contain
[00:00:33] higher tariffs than the current ones. In the meantime,
[00:00:36] authorities are making efforts to keep reactor 2 at Cernavodă operational,
[00:00:40] which provides 10% of the country's electricity production. And
[00:00:43] the government has adopted the risk preparedness plan for electricity,
[00:00:47] through which Transelectrica will be able to limit the consumption
[00:00:51] of the largest companies in the industry. The heatwave brings
[00:00:54] losses in energy, industry, and transport, but also opportunities for
[00:00:57] profit for those who produce and sell a wide range of seasonal products, from
[00:01:01] sun protection to thin clothes, juices, and ice cream. Due to
[00:01:05] price increases, Romanians have been forced to buy less in all
[00:01:09] product categories, and now also for food and fuel. We also
[00:01:12] have other topics. Let's
[00:01:14] begin.
[00:01:21] The water level of the Danube continues to decrease. At the country's entrance, the river's flow reached
[00:01:25] approximately 1400 cubic meters per second, just like in
[00:01:28] 1985 when a historic low was recorded. The situation
[00:01:32] puts pressure on specialists who are trying to ensure the necessary
[00:01:35] water for Reactor 2 at Cernavodă. In the area of the
[00:01:39] Bala arm, the operation of submerging the four barges with
[00:01:42] stone, which should increase the level on the old Danube, must begin. My
[00:01:46] colleague Alexandru Costache is there and brings new information. Hello,
[00:01:50] Alex. Please tell us, what's happening with you
[00:01:52] now?
[00:01:55] Good afternoon Cătălin, good afternoon everyone. The four barges
[00:01:59] loaded with stone will be controlledly submerged
[00:02:03] somewhere in this area where there is a
[00:02:06] green beacon. The entire intervention is
[00:02:10] meant to direct
[00:02:14] the water, the flow of water from the Bala
[00:02:16] arm, towards the main arm of the Danube and to
[00:02:20] increase the flow to the nuclear power plant at
[00:02:23] Cernavodă. The entire intervention comes after the army on Monday
[00:02:27] detonated the Pârjoaia rock, which
[00:02:30] prevented the water from flowing to the main arm of
[00:02:34] the Danube, and everything is
[00:02:36] there are 65 happening, as you also said, against the background of an
[00:02:39] extremely low flow of the Danube, close to
[00:02:42] the historical minimum of 1400 cubic meters/
[00:02:45] sec, a historical minimum that was also recorded
[00:02:49] in 1985.
[00:02:52] The intervention has an extremely important stake, a
[00:02:56] major stake; it is about raising the water level
[00:02:59] at unit 2 of Cernavodă so that it can
[00:03:03] remain in operation, considering that reactor number one
[00:03:07] was already shut down on
[00:03:10] July 28. If unit number two
[00:03:14] were also shut down, then
[00:03:17] Romania would lose its entire nuclear energy production,
[00:03:21] meaning around 1400
[00:03:24] MW, which represents a fifth of
[00:03:27] Romania's daily energy production.
[00:03:30] And the situation is aggravated by the heatwave.
[00:03:34] This week, a peak in consumption of 700-800
[00:03:37] MW is expected, and during critical
[00:03:40] hours, such as in the evening when
[00:03:43] production decreases, Romania is forced to
[00:03:47] import significant amounts of energy. As Prime Minister Bolojean
[00:03:51] offers or why don't said today, we import daily around
[00:03:54] 1700-2000 MW at very high prices,
[00:03:58] as the spot market price
[00:04:01] in Romania
[00:04:05] is 183
[00:04:08] euros per MWh, as I was telling you. All
[00:04:11] three operations, the detonation of Pârjoaia rock,
[00:04:14] the submerging of the four barges, and
[00:04:17] the dredging works that can be seen
[00:04:20] somewhere on our right, are meant
[00:04:23] to raise the water level at the intake of the Cernavodă nuclear power plant
[00:04:27] by 10-12 cm. Moreover, according to
[00:04:32] This is a way of the statements of the Cernavodă director,
[00:04:36] the detonation of the rock caused Unit
[00:04:39] number 2 at Cernavodă to operate
[00:04:43] for another two days, and if today's operation,
[00:04:46] which will begin today, of submerging the barges, is
[00:04:50] successful, this would mean another
[00:04:53] two to three days of additional operation for reactor
[00:04:57] number two. So, this is an extremely important
[00:05:00] intervention with a major energy stake;
[00:05:03] it is about maintaining the operation of
[00:05:06] reactor 2 at Cernavodă and avoiding
[00:05:10] additional energy imports at very
[00:05:13] high prices. Cătălin. Alex, thank you for all this
[00:05:17] information. We are monitoring what is happening there. In the meantime,
[00:05:21] the government adopted today the mechanism that allows for the mandatory limitation of energy consumption
[00:05:25] for companies that use large quantities of
[00:05:28] electricity. Nationally, approximately 80 large consumers
[00:05:31] could be targeted by these measures. However,
[00:05:34] another government meeting and another decision
[00:05:38] need to be adopted before Transelectrica sends notifications of
[00:05:41] electricity disconnection. My colleague Vlad Ungar, who is at
[00:05:45] the government, has details. Hello, Vlad, please tell us. I know the government meeting has ended. There
[00:05:49] were also statements there. What information do you have? Hello.
[00:05:53] The government decision that practically establishes the mechanism
[00:05:56] by which the executive can intervene to
[00:06:00] limit electricity consumption for large companies has been adopted, and
[00:06:04] there are 80 companies throughout the country
[00:06:07] that consume large amounts of electricity. At the same time, the executive
[00:06:11] also analyzed the nine scenarios in which practically
[00:06:14] Romania's energy security could be jeopardized. These
[00:06:18] are caused either by cyber attacks, by
[00:06:21] drought, by a typical winter weather with
[00:06:24] storms and blizzards, but also by those that may
[00:06:28] follow an eventual military conflict, but here
[00:06:31] the probability is quite low. Even so,
[00:06:35] it is important to understand that
[00:06:38] when the data received from the Ministry of
[00:06:41] Energy shows that this
[00:06:45] measure is needed, the executive will disconnect only companies
[00:06:48] from the electrical system; the measure will not be adopted for
[00:06:52] Romanians, for household customers, and will in any case be temporary. A
[00:06:56] 24-hour notification will be required. Tomorrow,
[00:06:59] however, the executive will meet again in a session, an extraordinary
[00:07:03] session because the rules have been set, and tomorrow it will be
[00:07:06] established exactly how these companies will be disconnected. I will only
[00:07:10] tell you that this measure would apply only if necessary, it doesn't mean that
[00:07:14] if the government decision was approved, the executive will
[00:07:17] also make these decisions and disconnect some companies that consume a large
[00:07:21] amount of electricity.
[00:07:23] Vlad, thank you. Here's what interim Prime Minister Ilie Bolojan said at the end of
[00:07:27] today's government meeting. These are important
[00:07:29] clarifications.
[00:07:32] Regarding the aspects related to compensations, in
[00:07:36] this conjuncture in which we find ourselves,
[00:07:39] currently and at least for the next days,
[00:07:43] we estimate five to seven days, as
[00:07:46] long as, according to forecasts related to flow, the operation
[00:07:49] of group 2 at Cernavodă is ensured,
[00:07:52] we will not have industrial
[00:07:56] consumers affected. Regarding a possible stage we might
[00:08:00] enter, where measures to limit
[00:08:03] consumption
[00:08:06] will be taken, even during this
[00:08:09] period, there is no question of providing any
[00:08:13] I emphasize that personal
[00:08:16] homes, citizens, will not be limited or
[00:08:19] disconnected, so household
[00:08:22] consumers are exempt from these
[00:08:25] measures. Also,
[00:08:28] consumers whose activity cannot be interrupted,
[00:08:32] such as hospitals, will not be included in this
[00:08:36] regulation.
[00:08:38] In the meantime, some suppliers have already started sending new offers to household customers
[00:08:42] whose contracts are expiring, which have higher tariffs than what they
[00:08:46] are currently paying. Here's what a viewer reported whose
[00:08:49] contract expires on September 1st. He received,
[00:08:53] he currently has a price of 1.35
[00:08:56] bani per kWh. This tariff, as I was telling you, is only valid for
[00:09:00] a very short time and he has already received an offer from a supplier who proposed a contract extension
[00:09:03] for another year, with a price of 1 leu and
[00:09:07] 53 bani per kWh. This results
[00:09:10] in a difference of 18 bani. What does this mean? If that person consumes, let's say,
[00:09:14] approximately 100 kWh in one hour, in one
[00:09:17] month, we're talking about an additional 18 lei.
[00:09:20] Now, what's interesting, we're talking about a higher offer that comes in
[00:09:24] the context of the price of energy on our Spot market increasing quite
[00:09:27] a lot. If we make a comparison, look at what happened year
[00:09:30] on year. On August 5th, we reached a price of even
[00:09:34] 930 lei per MWh, whereas
[00:09:38] on August 5th, 2025, the price was
[00:09:41] only 330 lei. It's a big difference, almost
[00:09:45] three times. Furthermore, I wanted to
[00:09:48] show you, I prepared data for you
[00:09:51] to see what offers suppliers currently have, what offers
[00:09:54] are still valid until the end of this year. And if we look at Bucharest, for
[00:09:58] example, the lowest price you'll find for electricity is
[00:10:01] 1.11 bani, and the price can reach even
[00:10:04] 1.94 bani with certain suppliers. And that's not all. Let's
[00:10:07] look at other major cities in the country, for example in Cluj county, if we
[00:10:11] look at Cluj county. What's happening, prices are a bit higher than in
[00:10:15] Bucharest, 1.16 bani and can reach 1.99 bani
[00:10:18] per, and in Iași we already have
[00:10:21] suppliers offering tariffs even
[00:10:25] over 2 lei per kWh. This
[00:10:29] is the situation in the market at this moment. That's how
[00:10:32] things stand right now. We're discussing this topic with
[00:10:35] the President of the Association of Energy Suppliers in Romania, Mr. Laurențiu
[00:10:39] Urliescu, who is with us, he is with us on the set. Good day. Day.
[00:10:42] Also with us is Mrs. Dana Darăban.
[00:10:45] Good day, from the Federation of Associations of Utility
[00:10:49] Companies in Romania. Good day. Welcome to Baniazi. Mr.
[00:10:52] Urlulescu, I'll start with you. Because
[00:10:56] we see what's happening at Cernavodă and we all ask ourselves, in
[00:10:59] the situation where this reactor will eventually
[00:11:02] be disconnected from the national energy system, what
[00:11:06] do people, consumers, risk?
[00:11:09] First of all, I need to clarify
[00:11:12] that they don't risk immediate disconnection.
[00:11:15] Consumers in Romania don't risk being immediately disconnected. Indeed,
[00:11:19] we are in a crisis situation where already
[00:11:22] by
[00:11:25] shutting down unit 1, 700 MW are missing.
[00:11:28] If the shutdown continues at unit 2, that means
[00:11:32] another 700 MW are missing from the
[00:11:36] production side, approximately 20% of Romania's peak consumption.
[00:11:40] We are in a critical situation,
[00:11:44] if unit 2 also stops, it will be an even more critical
[00:11:48] situation and the biggest risk is in case
[00:11:51] of failures. meaning if somehow
[00:11:55] there's a
[00:11:57] breakdown
[00:12:01] at another large group, we might have
[00:12:04] cascading problems.
[00:12:07] Mrs. Derăban, you represent
[00:12:10] the interests, especially of energy distributors, but also of some
[00:12:14] suppliers. For energy distributors, what
[00:12:17] challenges can arise in this situation, if you can no longer
[00:12:21] bring energy from Cernavodă, for example, and have to get it from somewhere else?
[00:12:26] For us, the problem arises if we don't have
[00:12:29] access to energy for technological consumption,
[00:12:33] but I don't think that will be the case, because we
[00:12:37] will transport everything that is available. The problem is, yes,
[00:12:41] indeed, the availability of the
[00:12:44] energy resource so that technological consumption is covered, but we don't
[00:12:48] estimate, even if prices
[00:12:52] may be higher during this period, we don't estimate
[00:12:55] at the moment a problem regarding availability for August.
[00:12:59] There are some discussions, but I still think that
[00:13:02] distributors, transport,
[00:13:06] the transport operator have
[00:13:09] the necessary experience to manage such
[00:13:12] situations. Mr. Urliescu, I know
[00:13:15] you had discussions with the government, there was a meeting with the
[00:13:19] interim Prime Minister, in the situation where we will reach these limitations
[00:13:22] of consumption that
[00:13:25] Transelectrica will establish, as you saw what's, exactly what the authorities are
[00:13:28] preparing, in fact, the legal framework for such a thing, the technical part to
[00:13:32] be able to limit the consumption of large companies, obviously if it's
[00:13:36] necessary. These notifications to companies will be
[00:13:40] transmitted through suppliers or how will it proceed, from what you
[00:13:43] know, not necessarily, but first, to give you a general
[00:13:46] overview, the system
[00:13:48] operator
[00:13:51] tries to solve these crises in several stages. The first stage is still
[00:13:55] to maximize and start what production groups of energy
[00:13:59] exist in the system, either in reserve or not loaded to the
[00:14:03] maximum. The second stage is by working on the network,
[00:14:06] respectively,
[00:14:09] postponing network maintenance, so as to ensure
[00:14:13] that the network is as intact as
[00:14:17] possible and as stable as possible. The third
[00:14:21] one, which is more unpleasant, is to work on the consumption
[00:14:25] side, and here we have several statuses, I would say: first
[00:14:28] is the request for voluntary reduction of consumption, which
[00:14:31] has already happened, the second is
[00:14:35] the consumption limitation, and here we have a clear regulation regarding
[00:14:38] consumption limitation in crisis situations, what is done, in
[00:14:42] parenthesis, it must
[00:14:45] be issued by government decision, then the central dispatcher gives
[00:14:48] limitation orders for each consumption tranche
[00:14:52] to the network operators. The network
[00:14:55] operators inform consumers and the supplier
[00:14:59] 24 hours in advance, and then
[00:15:02] operationally the consumption
[00:15:06] reduction is ordered. And there's still
[00:15:09] another step, manual disconnections, so
[00:15:13] in case even consumption
[00:15:16] limitations are not enough, then we
[00:15:19] go to the next step of manual disconnections. We had something
[00:15:22] like that before 1990, if you remember. Those who are a little
[00:15:26] older, I hope we don't go back there. Mrs.
[00:15:29] Darăban, from a technical point of view, for a distributor, what challenges can
[00:15:33] arise when you stop and start the electricity supply
[00:15:36] for a large consumer?
[00:15:40] You know why I'm asking you, just yesterday on this show, representatives of large
[00:15:43] industrial consumers said: "Sir, it's not like pulling
[00:15:46] a plug out of a socket in the case of a large company, there are certain
[00:15:50] processes, it's not as simple as we imagine." But
[00:15:53] I think many people don't know that for these
[00:15:57] potential, these consumers on this
[00:16:00] list, there are special
[00:16:03] procedures, theoretically they
[00:16:07] should have been done and
[00:16:10] exercises for emergency situations should have been done,
[00:16:13] meaning I think there's a custom, meaning it's not
[00:16:17] something that the system operator intervenes and
[00:16:20] shuts them down, meaning cuts off their energy. Besides the notification they
[00:16:24] have, I think all necessary evaluations are done
[00:16:28] so as not to cause, let's say, costs on the technological
[00:16:31] flows or on the equipment these
[00:16:34] companies have. In my
[00:16:38] experience, in emergency situations, such
[00:16:41] companies are known, their technical specifics are known,
[00:16:45] it is known where, how much, how
[00:16:48] it can be done, meaning I would still like to come back a bit,
[00:16:52] the problem is August, the problem
[00:16:55] is generated by drought, the problem
[00:16:58] can be managed if we
[00:17:01] understand that we need to shift the peak
[00:17:04] consumption from a certain interval. Rarely,
[00:17:08] 7, 11, otherwise, during the
[00:17:11] day, we can especially since we have these
[00:17:14] high temperatures, we can use air conditioners, we can
[00:17:18] use energy consumers, there is absolutely
[00:17:21] no problem, the problem is the peak consumption interval,
[00:17:25] when indeed, the system cannot be balanced
[00:17:29] from what we have available in production,
[00:17:32] and then the authorities' appeal is, so that we don't
[00:17:35] reach disconnections, to all help
[00:17:38] in the sense that we adjust consumption in this interval.
[00:17:42] Mr. Urluiescu, you saw what I presented with the figures a little earlier,
[00:17:46] some suppliers have started sending notifications to consumers
[00:17:49] informing them that the new contracts will have somewhat higher
[00:17:53] tariffs. What are
[00:17:54] the explanations?
[00:17:58] I don't think the crisis that happened a few days ago is
[00:18:01] an explanation. It's more, I've noticed
[00:18:04] an increase in prices on the
[00:18:08] wholesale market, on the long-term markets, not on the day-ahead
[00:18:11] market, which is a short-term market, because, well, why
[00:18:14] should we pretend to forget about the crisis in Iran,
[00:18:18] which led to an increase in energy prices, not only in Romania,
[00:18:22] but everywhere in
[00:18:25] Europe, but for that
[00:18:29] consumer, I must point out that there is also the
[00:18:32] possibility of changing providers. I know
[00:18:36] that, as you also presented, there are still offers on the market at
[00:18:39] 1.35, so he can change
[00:18:43] anytime. There are still, there are still and I even recommend
[00:18:46] negotiating with the provider, we don't say "well, okay, I don't really like your
[00:18:50] offer, I'm going somewhere else where I found it cheaper", let's see what the answer is,
[00:18:54] no, yes, correct, correct, but now, from case to
[00:18:57] case, because there are certain consumers who prefer certain
[00:19:00] special services from some providers. For example, I'll give you just one
[00:19:04] example, if someone is elderly who is not very
[00:19:08] used to online payments and so on, they prefer
[00:19:12] to go to a customer relations center, and if they have a customer
[00:19:15] relations center near their home, they prefer to stay with that provider, so it
[00:19:19] shouldn't be generalized from case to case, but indeed, for those
[00:19:22] who are flexible, changing providers
[00:19:26] can be a solution. Mrs. Daraban, in your opinion, what are the causes that
[00:19:29] generate these price increases? Are they also related to this crisis situation that we
[00:19:33] have now? "I
[00:19:37] believe that currently, yes, indeed we are seeing some
[00:19:41] high costs on the spot markets. We need to
[00:19:44] monitor, that's why I keep insisting on
[00:19:47] consumption intervals. We need to monitor a bit
[00:19:50] the behavioral changes, so that forecasts do not
[00:19:53] generate additional costs with imbalances, because you know that we need
[00:19:57] to match as well as possible according to the
[00:20:00] consumer's behavior and the forecasts we
[00:20:03] have, so there are several situations that
[00:20:06] can..." I'll interrupt you briefly, Mrs. Darăban, we have
[00:20:10] statements from Sorin Rândașu, the General Director of Apele Române, in the location
[00:20:14] where you currently see the boat, about 500 meters
[00:20:17] from the entrance to the Bala arm.
[00:20:21] These will be submerged today,
[00:20:24] and tomorrow we will continue with
[00:20:28] the other two barges which will be placed further upstream,
[00:20:31] somewhat obliquely to the direction of the
[00:20:34] current flow. Why did you choose this solution, completely different from what
[00:20:38] we knew until now from you? The solution
[00:20:41] was discussed with all the
[00:20:44] experts, taking into account the safety
[00:20:48] of the location. Taking into account the potential
[00:20:51] effects and primarily,
[00:20:55] here there are some
[00:20:58] uncertainties, because maneuvering two barges
[00:21:02] simultaneously is not very easy, but we rely
[00:21:05] on the experience of the pushing
[00:21:08] captain, in fact, the captains of the pushing boats, because
[00:21:11] there will be three pushing boats. We
[00:21:14] excluded the option of filling with
[00:21:17] a dredge. The filling will be done
[00:21:21] only by pumping. It will take a bit longer.
[00:21:24] After placement, the first barge will be quite
[00:21:28] close to the surface, it might even be visible,
[00:21:32] a metallic part of it, and the
[00:21:35] next ones will be almost completely
[00:21:39] submerged, they won't be visible anymore. We remain in the same
[00:21:42] way with an anchorage on the bank. It will be done,
[00:21:45] practically the anchor remains to be seen if anchoring on the bank will still be
[00:21:49] possible. Again, everything depends on the method of
[00:21:52] placement, because it depends
[00:21:55] on the maneuver that the captains will make and on how they will
[00:21:59] first make the anchorages under
[00:22:02] water. Under these conditions, the procedure will be to
[00:22:05] pump water into cofferdams so that it
[00:22:09] lowers, so that the barge lowers gently to the
[00:22:13] water surface and then it will be filled so that it
[00:22:16] lowers as balanced as possible under
[00:22:19] these conditions. What we want is for them to be placed
[00:22:23] as controlled as possible, because once they are submerged,
[00:22:27] other phenomena can appear. The effects will be
[00:22:30] the same as the initial ones, the effects will
[00:22:32] be, taking into account the decrease in levels, the effects will be
[00:22:36] slightly smaller, but they will be there, that is the biggest
[00:22:40] hope. We expect, however,
[00:22:42] that in the coming period, because we didn't have time as a
[00:22:46] traditional hydrotechnical construction work to arrange the river
[00:22:50] bed and to put other materials under water, fascines
[00:22:54] or geotextile,
[00:22:57] under these conditions, scour phenomena will
[00:23:00] appear which will not evolve so rapidly that
[00:23:04] they don't have an effect in the next one or two
[00:23:07] weeks. Going beyond this, to try
[00:23:11] to consolidate the ends of these barges, which
[00:23:15] will be submerged in the area where the depth
[00:23:19] is greater and where the water velocities will be higher,
[00:23:22] there are two more barges available which are full, one is already full and brought to
[00:23:26] the site, another is coming, which will be
[00:23:30] unloaded so that we try
[00:23:33] to protect them laterally and especially in the area,
[00:23:37] in the end area where the depth is greater, as I said
[00:23:40] earlier.
[00:23:43] Not just the load, but also around the barges, so there are six barges
[00:23:46] and four barges will be submerged,
[00:23:50] two are available to try to stabilize them as
[00:23:54] well as possible after we inspect them and see the position in which they were
[00:23:57] placed. The other two will also be used, they will not be
[00:24:01] submerged. As needed, we will first perform a
[00:24:04] bathymetric inspection and if necessary, we will also request the support
[00:24:08] of divers. We are in permanent contact with the Romanian naval
[00:24:11] forces who can support us in
[00:24:15] maximum one hour if we request this, for
[00:24:18] now it is important that
[00:24:21] the procedure runs in safely and that it
[00:24:24] is as close as possible to the proposed
[00:24:28] location. What flow is left now? with the new
[00:24:31] measurements? at the moment the inflow into the country is somewhere around
[00:24:34] 1450. at Cernavoda? at
[00:24:37] Cernavoda it is around 300 m3/second
[00:24:40] after the latest speed measurements in that
[00:24:44] sector. It has decreased by 2 cm in the last
[00:24:48] day. We continue. With the support of AFDJ,
[00:24:51] dredging operations, as you can see, dredging continues,
[00:24:54] the grab will also be moved to
[00:24:57] the area, to the groin area, as
[00:25:01] the specialists say, and, well,
[00:25:04] the spur, as I call it more simply, so that we can
[00:25:08] try to remove some and
[00:25:11] gain section through which the current can flow towards
[00:25:15] that direction. These measures, I hope
[00:25:19] will... lead to an increase that will
[00:25:22] allow the nuclear power plant to operate
[00:25:25] for another four days,
[00:25:28] God help us, the problem we have is that the forecast
[00:25:32] decrease is at a higher rate of 4 cm per day,
[00:25:36] after which three, if we manage to slow this
[00:25:40] down, it can be considered a
[00:25:42] success.
[00:25:45] The operation, we estimate it at the moment
[00:25:48] at at least
[00:25:51] 3-4 hours with the maneuvers that will be done for the first two barges, for
[00:25:55] the first two barges. What time do you start the other two tomorrow?
[00:25:58] Probably after 10 o'clock, similarly, after the inspections of...
[00:26:03] What is the distance between the first two barges and the next two barges?
[00:26:06] A distance of about 300 meters. And we understand that today you
[00:26:10] postponed the sinking moment due to the currents. Postponed not
[00:26:14] necessarily due to the currents, but due to
[00:26:17] discussions regarding the way
[00:26:21] these barges will be sunk, the way
[00:26:25] we fill the cofferdams. Think that there will be eight motor pumps
[00:26:29] from ISU that will have lines
[00:26:32] over 60-70 meters that will
[00:26:36] have to be removed or will be lost, remains to be seen, now
[00:26:39] how it will be the chance, so first the
[00:26:43] cofferdams will be filled, after which the area where
[00:26:46] the stones are placed will also be filled with water. These are quite
[00:26:49] large volumes of water, that's why it takes quite a
[00:26:52] long time, we are talking about 1000 m3, so
[00:26:56] when it actually starts today, after they return from there, they
[00:27:00] will leave in march with the barges. To place them in
[00:27:03] position, and then you estimate the sinking for, again, for
[00:27:06] 8 PM, probably before sunset.
[00:27:09] Thank you.
[00:27:12] Where is that vessel, where the first two will be submerged?
[00:27:16] I followed the statements of the general director of Romanian Waters, efforts are being made
[00:27:19] to keep the Cernavodă reactor in operation, and he said:
[00:27:23] four more days it could be kept in operation, given
[00:27:27] that the reactor flow, the Danube flow in the Cernavodă area reached
[00:27:30] 300. m3/s, very
[00:27:34] little, practically, a historical minimum, including at the entrance to the country
[00:27:37] 1450
[00:27:39] of, very low flow, exactly as I was telling you. Returning
[00:27:43] to what we were discussing a little earlier, Ms. Daraban, you were telling us about prices, in your
[00:27:47] opinion, what are the explanations for why we might have
[00:27:51] higher tariffs in the coming period? In general, what happens
[00:27:55] on the market for the next day, so short-term
[00:27:58] markets, is reflected later if
[00:28:01] the period of... time that we see a price increase is
[00:28:05] significant, it will also be reflected later in
[00:28:08] the contracts that suppliers have with parties
[00:28:12] for energy acquisition and it also goes into the final price
[00:28:15] August, as you also presented, August 2025,
[00:28:18] 2026, there is a price increase,
[00:28:22] which probably led some suppliers to include it in the acquisition basket
[00:28:26] with energy, however, what I want to say is, exactly like
[00:28:30] Mr. Urluiescu, I ask clients to
[00:28:33] check the available offers, because I look
[00:28:36] for August 6th,
[00:28:39] offers, among which 19 have a unit
[00:28:42] price between 1.2 and 1.5, so indeed
[00:28:46] between areas between regions there are
[00:28:49] differences given by the distribution tariff which can be higher
[00:28:52] in Transylvania than in the
[00:28:56] southern area, that's where the difference comes from between suppliers for the same
[00:29:00] offer, so the same
[00:29:03] supplier with different offers in the country, the differences
[00:29:06] come from the transport and distribution tariff, in fact,
[00:29:10] but they search on this website, on
[00:29:13] the ANRE comparator, I think that both for the first
[00:29:16] both for August 6th and for October 1st,
[00:29:20] what we see are offers, there
[00:29:23] are even offers between 1.1, 1.2,
[00:29:26] 1.5, there are also higher ones, of course, but
[00:29:29] this is the competition between suppliers, it's very good to... get informed, we have
[00:29:33] approximately five minutes allocated to our discussion and I would like to ask you, Mr.
[00:29:37] Urluiescu, we discussed whether a solution could be those dynamic tariffs,
[00:29:40] so that if we are told, "don't consume at peak hours," at peak hours
[00:29:44] I have a higher price, but a much lower price, for example, around
[00:29:47] noon, what actually happens, why don't all suppliers have such
[00:29:53] consumers use such offers? Yes,
[00:29:56] well, a dynamic tariff,
[00:29:59] modernly speaking. So that
[00:30:02] not to, yes, that's what I wanted to say, that there have been
[00:30:06] such things called differentiated tariffs, now it's
[00:30:09] dynamic tariff, so no, we are not reinventing the
[00:30:13] wheel, we are simply applying, unfortunately,
[00:30:16] the new offers for dynamic or differentiated
[00:30:19] tariffs could
[00:30:23] only be launched after July 1st last year, because
[00:30:26] the legislation related to capping
[00:30:29] made it impossible to apply this access.
[00:30:34] offering, yes, it
[00:30:38] is a solution for consumers to reduce
[00:30:41] the bill, especially for those who can
[00:30:45] modify their consumption profile, meaning instead of
[00:30:48] consuming more at the evening peak, to consume at noon, and here I would
[00:30:52] primarily mention prosumers, and I must even mention
[00:30:55] that prosumers have already modified their consumption
[00:30:59] in such a way.