The deadline for suppliers to conclude electricity sale contracts with Energocom has been extended from April 26 to 28 inclusive.
Such a decision was adopted by the Commission for Emergency Situations. Girector General of the Public Property Agency, Eugen Cozonac, told journalists that Energocom had received several offers for electricity supplies, but the final decision has not been approved yet and more time was needed to complete the tender. He said the government is taking the necessary steps to ensure energy security and uninterrupted power supplies even after May 1. "Obviously, we are in a rather difficult geopolitical situation, but we are also looking for alternatives. This is part of the government's strategy to diversify energy sources and ensure a higher level of security in the energy sector," Eugen Cozonac said. Deputy Prime Minister, Minister of Infrastructure and Regional Development Andrei Spinu has earlier said that if Gazprom stops supplying natural gas to Moldova as of May 1, the Moldovan state-run power plant located in Transnistria will no longer be able to supply electric energy to the right bank of the Nistru River, and Moldovan authorities are preparing for this scenario to ensure alternative energy sources. In particular, Energocom is preparing for centralized power purchases in an exceptional situation on the energy market. The company has announced an auction and is waiting for bids. Andrei Spinu specified that according to earlier discussions with the representatives of the Moldovan HPP, they have proposed a price of $76/MWh for 70% of the needed electric energy. Alternative sources, which could replace the electricity produced by the Moldovan HPP, could be electric energy from Ukraine. Deputy Prime Minister stressed that the market price in Ukraine, for example, for base electricity (constant power for 24 hours) was $63.5 per MWh, and the Market Operator was selling base electricity at $75 per MWh. In Romania, prices are much higher. Thus, yesterday the price of base power was 241 euros per MWh. // 27.04.2022 - InfoMarket
