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00:00:19Good 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
00:00:26costs for the population. Some suppliers have sent offers to
00:00:30consumers whose contracts are expiring, and these offers contain
00:00:33higher tariffs than the current ones. In the meantime,
00:00:36authorities are making efforts to keep reactor 2 at Cernavodă operational,
00:00:40which provides 10% of the country's electricity production. And
00:00:43the government has adopted the risk preparedness plan for electricity,
00:00:47through which Transelectrica will be able to limit the consumption
00:00:51of the largest companies in the industry. The heatwave brings
00:00:54losses in energy, industry, and transport, but also opportunities for
00:00:57profit for those who produce and sell a wide range of seasonal products, from
00:01:01sun protection to thin clothes, juices, and ice cream. Due to
00:01:05price increases, Romanians have been forced to buy less in all
00:01:09product categories, and now also for food and fuel. We also
00:01:12have other topics. Let's
00:01:14begin.
00:01:21The water level of the Danube continues to decrease. At the country's entrance, the river's flow reached
00:01:25approximately 1400 cubic meters per second, just like in
00:01:281985 when a historic low was recorded. The situation
00:01:32puts pressure on specialists who are trying to ensure the necessary
00:01:35water for Reactor 2 at Cernavodă. In the area of the
00:01:39Bala arm, the operation of submerging the four barges with
00:01:42stone, which should increase the level on the old Danube, must begin. My
00:01:46colleague Alexandru Costache is there and brings new information. Hello,
00:01:50Alex. Please tell us, what's happening with you
00:01:52now?
00:01:55Good afternoon Cătălin, good afternoon everyone. The four barges
00:01:59loaded with stone will be controlledly submerged
00:02:03somewhere in this area where there is a
00:02:06green beacon. The entire intervention is
00:02:10meant to direct
00:02:14the water, the flow of water from the Bala
00:02:16arm, towards the main arm of the Danube and to
00:02:20increase the flow to the nuclear power plant at
00:02:23Cernavodă. The entire intervention comes after the army on Monday
00:02:27detonated the Pârjoaia rock, which
00:02:30prevented the water from flowing to the main arm of
00:02:34the Danube, and everything is
00:02:36there are 65 happening, as you also said, against the background of an
00:02:39extremely low flow of the Danube, close to
00:02:42the historical minimum of 1400 cubic meters/
00:02:45sec, a historical minimum that was also recorded
00:02:49in 1985.
00:02:52The intervention has an extremely important stake, a
00:02:56major stake; it is about raising the water level
00:02:59at unit 2 of Cernavodă so that it can
00:03:03remain in operation, considering that reactor number one
00:03:07was already shut down on
00:03:10July 28. If unit number two
00:03:14were also shut down, then
00:03:17Romania would lose its entire nuclear energy production,
00:03:21meaning around 1400
00:03:24MW, which represents a fifth of
00:03:27Romania's daily energy production.
00:03:30And the situation is aggravated by the heatwave.
00:03:34This week, a peak in consumption of 700-800
00:03:37MW is expected, and during critical
00:03:40hours, such as in the evening when
00:03:43production decreases, Romania is forced to
00:03:47import significant amounts of energy. As Prime Minister Bolojean
00:03:51offers or why don't said today, we import daily around
00:03:541700-2000 MW at very high prices,
00:03:58as the spot market price
00:04:01in Romania
00:04:05is 183
00:04:08euros per MWh, as I was telling you. All
00:04:11three operations, the detonation of Pârjoaia rock,
00:04:14the submerging of the four barges, and
00:04:17the dredging works that can be seen
00:04:20somewhere on our right, are meant
00:04:23to raise the water level at the intake of the Cernavodă nuclear power plant
00:04:27by 10-12 cm. Moreover, according to
00:04:32This is a way of the statements of the Cernavodă director,
00:04:36the detonation of the rock caused Unit
00:04:39number 2 at Cernavodă to operate
00:04:43for another two days, and if today's operation,
00:04:46which will begin today, of submerging the barges, is
00:04:50successful, this would mean another
00:04:53two to three days of additional operation for reactor
00:04:57number two. So, this is an extremely important
00:05:00intervention with a major energy stake;
00:05:03it is about maintaining the operation of
00:05:06reactor 2 at Cernavodă and avoiding
00:05:10additional energy imports at very
00:05:13high prices. Cătălin. Alex, thank you for all this
00:05:17information. We are monitoring what is happening there. In the meantime,
00:05:21the government adopted today the mechanism that allows for the mandatory limitation of energy consumption
00:05:25for companies that use large quantities of
00:05:28electricity. Nationally, approximately 80 large consumers
00:05:31could be targeted by these measures. However,
00:05:34another government meeting and another decision
00:05:38need to be adopted before Transelectrica sends notifications of
00:05:41electricity disconnection. My colleague Vlad Ungar, who is at
00:05:45the government, has details. Hello, Vlad, please tell us. I know the government meeting has ended. There
00:05:49were also statements there. What information do you have? Hello.
00:05:53The government decision that practically establishes the mechanism
00:05:56by which the executive can intervene to
00:06:00limit electricity consumption for large companies has been adopted, and
00:06:04there are 80 companies throughout the country
00:06:07that consume large amounts of electricity. At the same time, the executive
00:06:11also analyzed the nine scenarios in which practically
00:06:14Romania's energy security could be jeopardized. These
00:06:18are caused either by cyber attacks, by
00:06:21drought, by a typical winter weather with
00:06:24storms and blizzards, but also by those that may
00:06:28follow an eventual military conflict, but here
00:06:31the probability is quite low. Even so,
00:06:35it is important to understand that
00:06:38when the data received from the Ministry of
00:06:41Energy shows that this
00:06:45measure is needed, the executive will disconnect only companies
00:06:48from the electrical system; the measure will not be adopted for
00:06:52Romanians, for household customers, and will in any case be temporary. A
00:06:5624-hour notification will be required. Tomorrow,
00:06:59however, the executive will meet again in a session, an extraordinary
00:07:03session because the rules have been set, and tomorrow it will be
00:07:06established exactly how these companies will be disconnected. I will only
00:07:10tell you that this measure would apply only if necessary, it doesn't mean that
00:07:14if the government decision was approved, the executive will
00:07:17also make these decisions and disconnect some companies that consume a large
00:07:21amount of electricity.
00:07:23Vlad, thank you. Here's what interim Prime Minister Ilie Bolojan said at the end of
00:07:27today's government meeting. These are important
00:07:29clarifications.
00:07:32Regarding the aspects related to compensations, in
00:07:36this conjuncture in which we find ourselves,
00:07:39currently and at least for the next days,
00:07:43we estimate five to seven days, as
00:07:46long as, according to forecasts related to flow, the operation
00:07:49of group 2 at Cernavodă is ensured,
00:07:52we will not have industrial
00:07:56consumers affected. Regarding a possible stage we might
00:08:00enter, where measures to limit
00:08:03consumption
00:08:06will be taken, even during this
00:08:09period, there is no question of providing any
00:08:13I emphasize that personal
00:08:16homes, citizens, will not be limited or
00:08:19disconnected, so household
00:08:22consumers are exempt from these
00:08:25measures. Also,
00:08:28consumers whose activity cannot be interrupted,
00:08:32such as hospitals, will not be included in this
00:08:36regulation.
00:08:38In the meantime, some suppliers have already started sending new offers to household customers
00:08:42whose contracts are expiring, which have higher tariffs than what they
00:08:46are currently paying. Here's what a viewer reported whose
00:08:49contract expires on September 1st. He received,
00:08:53he currently has a price of 1.35
00:08:56bani per kWh. This tariff, as I was telling you, is only valid for
00:09:00a very short time and he has already received an offer from a supplier who proposed a contract extension
00:09:03for another year, with a price of 1 leu and
00:09:0753 bani per kWh. This results
00:09:10in a difference of 18 bani. What does this mean? If that person consumes, let's say,
00:09:14approximately 100 kWh in one hour, in one
00:09:17month, we're talking about an additional 18 lei.
00:09:20Now, what's interesting, we're talking about a higher offer that comes in
00:09:24the context of the price of energy on our Spot market increasing quite
00:09:27a lot. If we make a comparison, look at what happened year
00:09:30on year. On August 5th, we reached a price of even
00:09:34930 lei per MWh, whereas
00:09:38on August 5th, 2025, the price was
00:09:41only 330 lei. It's a big difference, almost
00:09:45three times. Furthermore, I wanted to
00:09:48show you, I prepared data for you
00:09:51to see what offers suppliers currently have, what offers
00:09:54are still valid until the end of this year. And if we look at Bucharest, for
00:09:58example, the lowest price you'll find for electricity is
00:10:011.11 bani, and the price can reach even
00:10:041.94 bani with certain suppliers. And that's not all. Let's
00:10:07look at other major cities in the country, for example in Cluj county, if we
00:10:11look at Cluj county. What's happening, prices are a bit higher than in
00:10:15Bucharest, 1.16 bani and can reach 1.99 bani
00:10:18per, and in Iași we already have
00:10:21suppliers offering tariffs even
00:10:25over 2 lei per kWh. This
00:10:29is the situation in the market at this moment. That's how
00:10:32things stand right now. We're discussing this topic with
00:10:35the President of the Association of Energy Suppliers in Romania, Mr. Laurențiu
00:10:39Urliescu, who is with us, he is with us on the set. Good day. Day.
00:10:42Also with us is Mrs. Dana Darăban.
00:10:45Good day, from the Federation of Associations of Utility
00:10:49Companies in Romania. Good day. Welcome to Baniazi. Mr.
00:10:52Urlulescu, I'll start with you. Because
00:10:56we see what's happening at Cernavodă and we all ask ourselves, in
00:10:59the situation where this reactor will eventually
00:11:02be disconnected from the national energy system, what
00:11:06do people, consumers, risk?
00:11:09First of all, I need to clarify
00:11:12that they don't risk immediate disconnection.
00:11:15Consumers in Romania don't risk being immediately disconnected. Indeed,
00:11:19we are in a crisis situation where already
00:11:22by
00:11:25shutting down unit 1, 700 MW are missing.
00:11:28If the shutdown continues at unit 2, that means
00:11:32another 700 MW are missing from the
00:11:36production side, approximately 20% of Romania's peak consumption.
00:11:40We are in a critical situation,
00:11:44if unit 2 also stops, it will be an even more critical
00:11:48situation and the biggest risk is in case
00:11:51of failures. meaning if somehow
00:11:55there's a
00:11:57breakdown
00:12:01at another large group, we might have
00:12:04cascading problems.
00:12:07Mrs. Derăban, you represent
00:12:10the interests, especially of energy distributors, but also of some
00:12:14suppliers. For energy distributors, what
00:12:17challenges can arise in this situation, if you can no longer
00:12:21bring energy from Cernavodă, for example, and have to get it from somewhere else?
00:12:26For us, the problem arises if we don't have
00:12:29access to energy for technological consumption,
00:12:33but I don't think that will be the case, because we
00:12:37will transport everything that is available. The problem is, yes,
00:12:41indeed, the availability of the
00:12:44energy resource so that technological consumption is covered, but we don't
00:12:48estimate, even if prices
00:12:52may be higher during this period, we don't estimate
00:12:55at the moment a problem regarding availability for August.
00:12:59There are some discussions, but I still think that
00:13:02distributors, transport,
00:13:06the transport operator have
00:13:09the necessary experience to manage such
00:13:12situations. Mr. Urliescu, I know
00:13:15you had discussions with the government, there was a meeting with the
00:13:19interim Prime Minister, in the situation where we will reach these limitations
00:13:22of consumption that
00:13:25Transelectrica will establish, as you saw what's, exactly what the authorities are
00:13:28preparing, in fact, the legal framework for such a thing, the technical part to
00:13:32be able to limit the consumption of large companies, obviously if it's
00:13:36necessary. These notifications to companies will be
00:13:40transmitted through suppliers or how will it proceed, from what you
00:13:43know, not necessarily, but first, to give you a general
00:13:46overview, the system
00:13:48operator
00:13:51tries to solve these crises in several stages. The first stage is still
00:13:55to maximize and start what production groups of energy
00:13:59exist in the system, either in reserve or not loaded to the
00:14:03maximum. The second stage is by working on the network,
00:14:06respectively,
00:14:09postponing network maintenance, so as to ensure
00:14:13that the network is as intact as
00:14:17possible and as stable as possible. The third
00:14:21one, which is more unpleasant, is to work on the consumption
00:14:25side, and here we have several statuses, I would say: first
00:14:28is the request for voluntary reduction of consumption, which
00:14:31has already happened, the second is
00:14:35the consumption limitation, and here we have a clear regulation regarding
00:14:38consumption limitation in crisis situations, what is done, in
00:14:42parenthesis, it must
00:14:45be issued by government decision, then the central dispatcher gives
00:14:48limitation orders for each consumption tranche
00:14:52to the network operators. The network
00:14:55operators inform consumers and the supplier
00:14:5924 hours in advance, and then
00:15:02operationally the consumption
00:15:06reduction is ordered. And there's still
00:15:09another step, manual disconnections, so
00:15:13in case even consumption
00:15:16limitations are not enough, then we
00:15:19go to the next step of manual disconnections. We had something
00:15:22like that before 1990, if you remember. Those who are a little
00:15:26older, I hope we don't go back there. Mrs.
00:15:29Darăban, from a technical point of view, for a distributor, what challenges can
00:15:33arise when you stop and start the electricity supply
00:15:36for a large consumer?
00:15:40You know why I'm asking you, just yesterday on this show, representatives of large
00:15:43industrial consumers said: "Sir, it's not like pulling
00:15:46a plug out of a socket in the case of a large company, there are certain
00:15:50processes, it's not as simple as we imagine." But
00:15:53I think many people don't know that for these
00:15:57potential, these consumers on this
00:16:00list, there are special
00:16:03procedures, theoretically they
00:16:07should have been done and
00:16:10exercises for emergency situations should have been done,
00:16:13meaning I think there's a custom, meaning it's not
00:16:17something that the system operator intervenes and
00:16:20shuts them down, meaning cuts off their energy. Besides the notification they
00:16:24have, I think all necessary evaluations are done
00:16:28so as not to cause, let's say, costs on the technological
00:16:31flows or on the equipment these
00:16:34companies have. In my
00:16:38experience, in emergency situations, such
00:16:41companies are known, their technical specifics are known,
00:16:45it is known where, how much, how
00:16:48it can be done, meaning I would still like to come back a bit,
00:16:52the problem is August, the problem
00:16:55is generated by drought, the problem
00:16:58can be managed if we
00:17:01understand that we need to shift the peak
00:17:04consumption from a certain interval. Rarely,
00:17:087, 11, otherwise, during the
00:17:11day, we can especially since we have these
00:17:14high temperatures, we can use air conditioners, we can
00:17:18use energy consumers, there is absolutely
00:17:21no problem, the problem is the peak consumption interval,
00:17:25when indeed, the system cannot be balanced
00:17:29from what we have available in production,
00:17:32and then the authorities' appeal is, so that we don't
00:17:35reach disconnections, to all help
00:17:38in the sense that we adjust consumption in this interval.
00:17:42Mr. Urluiescu, you saw what I presented with the figures a little earlier,
00:17:46some suppliers have started sending notifications to consumers
00:17:49informing them that the new contracts will have somewhat higher
00:17:53tariffs. What are
00:17:54the explanations?
00:17:58I don't think the crisis that happened a few days ago is
00:18:01an explanation. It's more, I've noticed
00:18:04an increase in prices on the
00:18:08wholesale market, on the long-term markets, not on the day-ahead
00:18:11market, which is a short-term market, because, well, why
00:18:14should we pretend to forget about the crisis in Iran,
00:18:18which led to an increase in energy prices, not only in Romania,
00:18:22but everywhere in
00:18:25Europe, but for that
00:18:29consumer, I must point out that there is also the
00:18:32possibility of changing providers. I know
00:18:36that, as you also presented, there are still offers on the market at
00:18:391.35, so he can change
00:18:43anytime. There are still, there are still and I even recommend
00:18:46negotiating with the provider, we don't say "well, okay, I don't really like your
00:18:50offer, I'm going somewhere else where I found it cheaper", let's see what the answer is,
00:18:54no, yes, correct, correct, but now, from case to
00:18:57case, because there are certain consumers who prefer certain
00:19:00special services from some providers. For example, I'll give you just one
00:19:04example, if someone is elderly who is not very
00:19:08used to online payments and so on, they prefer
00:19:12to go to a customer relations center, and if they have a customer
00:19:15relations center near their home, they prefer to stay with that provider, so it
00:19:19shouldn't be generalized from case to case, but indeed, for those
00:19:22who are flexible, changing providers
00:19:26can be a solution. Mrs. Daraban, in your opinion, what are the causes that
00:19:29generate these price increases? Are they also related to this crisis situation that we
00:19:33have now? "I
00:19:37believe that currently, yes, indeed we are seeing some
00:19:41high costs on the spot markets. We need to
00:19:44monitor, that's why I keep insisting on
00:19:47consumption intervals. We need to monitor a bit
00:19:50the behavioral changes, so that forecasts do not
00:19:53generate additional costs with imbalances, because you know that we need
00:19:57to match as well as possible according to the
00:20:00consumer's behavior and the forecasts we
00:20:03have, so there are several situations that
00:20:06can..." I'll interrupt you briefly, Mrs. Darăban, we have
00:20:10statements from Sorin Rândașu, the General Director of Apele Române, in the location
00:20:14where you currently see the boat, about 500 meters
00:20:17from the entrance to the Bala arm.
00:20:21These will be submerged today,
00:20:24and tomorrow we will continue with
00:20:28the other two barges which will be placed further upstream,
00:20:31somewhat obliquely to the direction of the
00:20:34current flow. Why did you choose this solution, completely different from what
00:20:38we knew until now from you? The solution
00:20:41was discussed with all the
00:20:44experts, taking into account the safety
00:20:48of the location. Taking into account the potential
00:20:51effects and primarily,
00:20:55here there are some
00:20:58uncertainties, because maneuvering two barges
00:21:02simultaneously is not very easy, but we rely
00:21:05on the experience of the pushing
00:21:08captain, in fact, the captains of the pushing boats, because
00:21:11there will be three pushing boats. We
00:21:14excluded the option of filling with
00:21:17a dredge. The filling will be done
00:21:21only by pumping. It will take a bit longer.
00:21:24After placement, the first barge will be quite
00:21:28close to the surface, it might even be visible,
00:21:32a metallic part of it, and the
00:21:35next ones will be almost completely
00:21:39submerged, they won't be visible anymore. We remain in the same
00:21:42way with an anchorage on the bank. It will be done,
00:21:45practically the anchor remains to be seen if anchoring on the bank will still be
00:21:49possible. Again, everything depends on the method of
00:21:52placement, because it depends
00:21:55on the maneuver that the captains will make and on how they will
00:21:59first make the anchorages under
00:22:02water. Under these conditions, the procedure will be to
00:22:05pump water into cofferdams so that it
00:22:09lowers, so that the barge lowers gently to the
00:22:13water surface and then it will be filled so that it
00:22:16lowers as balanced as possible under
00:22:19these conditions. What we want is for them to be placed
00:22:23as controlled as possible, because once they are submerged,
00:22:27other phenomena can appear. The effects will be
00:22:30the same as the initial ones, the effects will
00:22:32be, taking into account the decrease in levels, the effects will be
00:22:36slightly smaller, but they will be there, that is the biggest
00:22:40hope. We expect, however,
00:22:42that in the coming period, because we didn't have time as a
00:22:46traditional hydrotechnical construction work to arrange the river
00:22:50bed and to put other materials under water, fascines
00:22:54or geotextile,
00:22:57under these conditions, scour phenomena will
00:23:00appear which will not evolve so rapidly that
00:23:04they don't have an effect in the next one or two
00:23:07weeks. Going beyond this, to try
00:23:11to consolidate the ends of these barges, which
00:23:15will be submerged in the area where the depth
00:23:19is greater and where the water velocities will be higher,
00:23:22there are two more barges available which are full, one is already full and brought to
00:23:26the site, another is coming, which will be
00:23:30unloaded so that we try
00:23:33to protect them laterally and especially in the area,
00:23:37in the end area where the depth is greater, as I said
00:23:40earlier.
00:23:43Not just the load, but also around the barges, so there are six barges
00:23:46and four barges will be submerged,
00:23:50two are available to try to stabilize them as
00:23:54well as possible after we inspect them and see the position in which they were
00:23:57placed. The other two will also be used, they will not be
00:24:01submerged. As needed, we will first perform a
00:24:04bathymetric inspection and if necessary, we will also request the support
00:24:08of divers. We are in permanent contact with the Romanian naval
00:24:11forces who can support us in
00:24:15maximum one hour if we request this, for
00:24:18now it is important that
00:24:21the procedure runs in safely and that it
00:24:24is as close as possible to the proposed
00:24:28location. What flow is left now? with the new
00:24:31measurements? at the moment the inflow into the country is somewhere around
00:24:341450. at Cernavoda? at
00:24:37Cernavoda it is around 300 m3/second
00:24:40after the latest speed measurements in that
00:24:44sector. It has decreased by 2 cm in the last
00:24:48day. We continue. With the support of AFDJ,
00:24:51dredging operations, as you can see, dredging continues,
00:24:54the grab will also be moved to
00:24:57the area, to the groin area, as
00:25:01the specialists say, and, well,
00:25:04the spur, as I call it more simply, so that we can
00:25:08try to remove some and
00:25:11gain section through which the current can flow towards
00:25:15that direction. These measures, I hope
00:25:19will... lead to an increase that will
00:25:22allow the nuclear power plant to operate
00:25:25for another four days,
00:25:28God help us, the problem we have is that the forecast
00:25:32decrease is at a higher rate of 4 cm per day,
00:25:36after which three, if we manage to slow this
00:25:40down, it can be considered a
00:25:42success.
00:25:45The operation, we estimate it at the moment
00:25:48at at least
00:25:513-4 hours with the maneuvers that will be done for the first two barges, for
00:25:55the first two barges. What time do you start the other two tomorrow?
00:25:58Probably after 10 o'clock, similarly, after the inspections of...
00:26:03What is the distance between the first two barges and the next two barges?
00:26:06A distance of about 300 meters. And we understand that today you
00:26:10postponed the sinking moment due to the currents. Postponed not
00:26:14necessarily due to the currents, but due to
00:26:17discussions regarding the way
00:26:21these barges will be sunk, the way
00:26:25we fill the cofferdams. Think that there will be eight motor pumps
00:26:29from ISU that will have lines
00:26:32over 60-70 meters that will
00:26:36have to be removed or will be lost, remains to be seen, now
00:26:39how it will be the chance, so first the
00:26:43cofferdams will be filled, after which the area where
00:26:46the stones are placed will also be filled with water. These are quite
00:26:49large volumes of water, that's why it takes quite a
00:26:52long time, we are talking about 1000 m3, so
00:26:56when it actually starts today, after they return from there, they
00:27:00will leave in march with the barges. To place them in
00:27:03position, and then you estimate the sinking for, again, for
00:27:068 PM, probably before sunset.
00:27:09Thank you.
00:27:12Where is that vessel, where the first two will be submerged?
00:27:16I followed the statements of the general director of Romanian Waters, efforts are being made
00:27:19to keep the Cernavodă reactor in operation, and he said:
00:27:23four more days it could be kept in operation, given
00:27:27that the reactor flow, the Danube flow in the Cernavodă area reached
00:27:30300. m3/s, very
00:27:34little, practically, a historical minimum, including at the entrance to the country
00:27:371450
00:27:39of, very low flow, exactly as I was telling you. Returning
00:27:43to what we were discussing a little earlier, Ms. Daraban, you were telling us about prices, in your
00:27:47opinion, what are the explanations for why we might have
00:27:51higher tariffs in the coming period? In general, what happens
00:27:55on the market for the next day, so short-term
00:27:58markets, is reflected later if
00:28:01the period of... time that we see a price increase is
00:28:05significant, it will also be reflected later in
00:28:08the contracts that suppliers have with parties
00:28:12for energy acquisition and it also goes into the final price
00:28:15August, as you also presented, August 2025,
00:28:182026, there is a price increase,
00:28:22which probably led some suppliers to include it in the acquisition basket
00:28:26with energy, however, what I want to say is, exactly like
00:28:30Mr. Urluiescu, I ask clients to
00:28:33check the available offers, because I look
00:28:36for August 6th,
00:28:39offers, among which 19 have a unit
00:28:42price between 1.2 and 1.5, so indeed
00:28:46between areas between regions there are
00:28:49differences given by the distribution tariff which can be higher
00:28:52in Transylvania than in the
00:28:56southern area, that's where the difference comes from between suppliers for the same
00:29:00offer, so the same
00:29:03supplier with different offers in the country, the differences
00:29:06come from the transport and distribution tariff, in fact,
00:29:10but they search on this website, on
00:29:13the ANRE comparator, I think that both for the first
00:29:16both for August 6th and for October 1st,
00:29:20what we see are offers, there
00:29:23are even offers between 1.1, 1.2,
00:29:261.5, there are also higher ones, of course, but
00:29:29this is the competition between suppliers, it's very good to... get informed, we have
00:29:33approximately five minutes allocated to our discussion and I would like to ask you, Mr.
00:29:37Urluiescu, we discussed whether a solution could be those dynamic tariffs,
00:29:40so that if we are told, "don't consume at peak hours," at peak hours
00:29:44I have a higher price, but a much lower price, for example, around
00:29:47noon, what actually happens, why don't all suppliers have such
00:29:53consumers use such offers? Yes,
00:29:56well, a dynamic tariff,
00:29:59modernly speaking. So that
00:30:02not to, yes, that's what I wanted to say, that there have been
00:30:06such things called differentiated tariffs, now it's
00:30:09dynamic tariff, so no, we are not reinventing the
00:30:13wheel, we are simply applying, unfortunately,
00:30:16the new offers for dynamic or differentiated
00:30:19tariffs could
00:30:23only be launched after July 1st last year, because
00:30:26the legislation related to capping
00:30:29made it impossible to apply this access.
00:30:34offering, yes, it
00:30:38is a solution for consumers to reduce
00:30:41the bill, especially for those who can
00:30:45modify their consumption profile, meaning instead of
00:30:48consuming more at the evening peak, to consume at noon, and here I would
00:30:52primarily mention prosumers, and I must even mention
00:30:55that prosumers have already modified their consumption
00:30:59in such a way.