Romanian Energy Regulatory Authority

Regulatory authorities for both electricity and natural gas sectors were established in Romania (the electricity regulator ANRE in 1998 and the natural gas regulator ANRGN in 2000) with the mission to create and implement the appropriate regulatory system to ensure the proper functioning of the electricity and natural gas sector and markets. In 2007, the two regulatory bodies merged under the name of the Romanian Energy Regulatory Authority (ANRE) and in 2010 ANRE took over the activity of the Romanian Agency for Energy Conservation (ARCE), therefore assuming the responsibility to monitor and implement energy efficiency measures and promote the use of renewable energy sources to the final consumer. With the purpose to further open up the gas and electricity markets in the European Union, in July 2009 the European Parliament and the European Council adopted the European Unions Third Energy Package whose transposition in national legislation was completed in 2012, as follows: in June ...