ANRE revoked electricity supply licenses for Arelco Energy and Arelco Power – Romania, 17 February 2017

The Romanian National Energy Regulatory Authority (ANRE) has approved the revocation of electricity supply licenses for Arelco Energy and Arelco Power due to misconduct in the electricity market.
The statement from ANRE said that through a letter addressed to ANRE in late January, the administrator of Arelco Power has advised that the company is unable to perform its objective of delivering electricity to the final consumers, given the conditions and developments on the electricity market, and requested that ANRE ensures the uptake of the consumer places of its final consumers by the suppliers of last resort. Similar letter from Arelco energy was received a few days later.

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