OPCOM

PRESS RELEASE

DATAMONITOR: Romania remains inside the group of the first eight European electricity markets

(Bucharest, June 10th, 2009)

Already well apreciated in the 2007, Romania has made a stunning jump in 2008 within the hierarchy presented by prestigious DATAMONITOR in the report “European Wholesale Power Market Development” since 2008.Romania then entered in the first eight EU electricity markets’ group being considered as established.

We highlighted with big interest last issue of DATAMONITOR addressing Romania (Energy Market Landscape: Romania”, DBEN0577) which delivers for 2009 as well as for 2012 a ranking of the markets’ performance in a large area which is beyond the European Union borders, including 32 states, among them from outside EU being Norway and Switzerland as well as Croatia and Turkey. In the DATAMONITOR ranking for 2009, Romania is keeping, equalised by Italy, the position acquired in 2008, with relevant consideration of the report authors regarding the market competition index „Romania`s score is above those seen in other, more developed, economies”.
The Ranking is provided in the the multi-criterial index (MCI*) basis.
The market maturity assesement was attracting our attention for obvious reasons:

A relatively sophisticated, well developed and liquid wholesale electricity market, known as OPCOM, exists in Romania. Although not as developed as the Scandinavian markets in terms of liquidity, the OPCOM market represents one of the Central and Eastern European region’s key wholesale energy markets.
During the forecast period we expect both liquidity, volumes and the number of registered players to continue growing.

For more information, please contact Data Monitor (www.datamonitor.com)

Samuel Hunter, Business Development Manager Data Monitor
Telefon +44 161 238 4056
e-mail shunter@datamonitor.com