An updated regulation on the licensing regime in Romania’s power sector was recently adopted by ANRE, the national regulatory authority. On 17 March 2015, Order no. 12/2015 on the Regulation for granting licenses and authorizations in the electricity sector („Order 12„), effective as of publication, was published in the Romanian Official Gazette no. 180/2015 and repeals the former regulation, ie Order no. 48/2013.
While Order 12 largely follows the principles set forth in the former regulation, it nevertheless brings certain novelties, in particular in the supply and trading sector.
:: Full Text: JURIDICE.ro
Lawyer Monica COJOCARU,
Partner (Bucharest), SCHOENHERR SI ASOCIATII SCA