(Bucharest, December 10^th, 2007) The auction sessions organized on the Centralized Market for Bilateral Contracts (CMBC), held until now, including the presently published offers with delivery starting January 1^st 2008, lead to an important increase in the transaction quota for electricity contracts with delivery in 2008.

In the following period, a number of 19 auction sessions are scheduled as a result of the offers proposed by SN Nuclearelectrica and CE Turceni for 2008. Consequently, the transaction quota for 2008 will be 15.64%, while the transaction quota for 2007 is 12.25% of the national consumption.

Contracts with delivery in 2008 were proposed for public auction by the major producers: the Energy Complexes Turceni – 2,678.73 GWh, Rovinari – 680 GWh and Craiova – 1,264 GWh, as well as SN Nuclearelectrica – 3,606.22 GWh.

CMBC offers the participants’ the necessary framework for trading contracts with delivery longer than 1 month, through public auction, with full transparency. The average price calculated for this market represents a reference for a centralized trading place which takes into consideration offers proposed by the market participants belonging to most of the energy sector’s segments.