Crimes, Offenses, and Sanctions under the Romanian Energy Law. Obligations of Economic Operators in the Energy Sector from Romania

Crimes, Offenses, and Sanctions under the Romanian Energy Law. Obligations of Economic Operators in the Energy Sector from Romania

Crimes, Offenses, and Sanctions under the Romanian Energy Law. Obligations of Economic Operators in the Energy Sector from Romania

In the synoptic table below, we present  the crimes, administrative offenses and sanctions prescribed by the Romanian Electricity and Natural Gas Law no. 123/2012, applicable to activities in the electricity sector.

From the information below, we can also deduce key specific obligations of various economic operators/participants, their rights in relation to other participants—the conduct and corresponding deadlines imposed on the latest—along with the rights and obligations of consumers, as well as the associated competencies and responsibilities of ANRE.

Hope this serves as a useful introductory/compliance summary for those interested.

Notes:

[1] The following integrates references from the Romanian Energy Law, Regulation (EU) 2019/943 on the internal electricity market, the reformed REMIT Regulation no. 1227/2011 on wholesale energy market integrity and transparency, as amended by EU Regulation 1106/2024, effective from May 7, 2024, as well as several details based on European regulations and primary / secondary Romanian   legislation regarding the relevant specific obligations in energy sector.

[2] The actions listed below are not literal excerpts from the law, but rather simplified interpretations by the author to facilitate understanding of key obligations and the addressed non-compliant behaviour. They may require nuanced interpretation when applied to specific situations.

[3] The examples provided are illustrative and do not exhaustively cover all obligations that may entail liability. Acts not specifically listed as crimes in the Sanction Column are considered administrative offence, with the amounts reflecting the minimum and maximum fines applicable. Fines are differentiated for individuals and legal entities, with some offenses being applicable exclusively to legal entities.

[4] To assist in identifying specific aspects of interest and the targeted participants – please consult the first two columns. Given the extended size, it may be necessary to adjust the PC resolution for full viewing

[5] The abbreviations used below refer to:

  • ACER: Agency for the Cooperation of Energy Regulators
  • ANRE: Romanian National Energy Regulatory Authority
  • IIP: Inside Information Platform
  • OPEE: Romanian Electricity Market Operator (OPCOM)
  • TSO: Transmission System Operator (Transelectrica)
  • DSO: Distribution System Operator
  • NO: Network Operator
  • SoLR: Supplier of Last Resort
  • BRP: Balancing Responsible Party
  • DAM: Day-Ahead Market
  • IDM: Intraday Market
  • BM: Balancing Market
  • IN: Individual
  • LE: Legal Entity


















 

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