Romania Reduces Diesel Excise to Temper Price Shock, While Hydro Production is Secured by Refilling the Vidraru Dam — NRG-IA

Emergency Government Intervention in the Fuel Market Authorities in Bucharest are taking direct measures to protect consumers and businesses from the extreme volatility of the global energy market. Prime Minister Ilie Bolojan announced an imminent reduction in fuel excise duties, with the governing coalition's decision initially targeting diesel. According to statements made to Digi24, diesel accounts for 70% of Romania's national fuel consumption and has experienced the steepest price increases recently. This strategy was also discussed during an official government meeting with Apostolos Tzitzikostas, the European Commissioner for Sustainable Transport and Tourism, whose agenda included energy prices and transport network interconnectivity. National Energy System Security: Hydro vs. Coal In parallel with managing the fuel crisis, the Ministry of Energy is focusing on securing domestic electricity production for the cold season. Energy Minister Bogdan Ivan confirmed to Profit.ro that…