Moldova will launch organised market for bilateral electricity contracts
An organized market for bilateral electricity supply contracts will soon be launched in Moldova
An organized market for bilateral electricity supply contracts will soon be launched in Moldova
On October 22, Chișinau will host another conference dedicated to the energy transition and regional market integration. Participants will discuss key challenges facing the industry, infrastructure projects, grid flexibility, and cybersecurity issues, as well as provide a practical perspective on cooperation between Moldova and Romania.
In September, Energocom increased its electricity purchases amid new market conditions, with imports continuing to account for the bulk of the volume. The company also notes a change in the structure of its purchases, which affects the weighted average price and highlights the role of peak hours and contracts with regional suppliers.
Energy Minister Dorin Junghietu will participate in the Energy Grid Intelligence Europe summit on October 7, organized in Amsterdam by The Economist
Moldova has set a long-term course toward drastically reducing its dependence on energy imports and rapidly increasing the share of renewable sources in its energy mix. The authorities are also focusing on developing storage infrastructure, expanding the electricity market, and attracting private investment to support the electrification of the economy and enhance its resilience.
Moldova is accelerating the restructuring of its energy sector by focusing on renewable energy sources, energy storage, grid modernization, and market liberalization. Authorities expect that the new regulations and infrastructure projects will significantly strengthen the country's energy security and open up additional opportunities for investors.
In Moldova, the "day-ahead" electricity market has reached a new high in trading activity. The growing interest among market participants in short-term transactions is strengthening the role of competitive mechanisms and bringing the local wholesale market closer to European practices.
Managers of public buildings and commercial facilities in Moldova must reduce indoor lighting by at least 30% whenever possible
Rates for heat supplied to Termoelectrica and CET-Nord customers rose by 62.2%—to 3,277 lei per Gcal—and by 53.3% to 3,374 lei per Gcal, respectively.
Energocom is asking NARE to raise the natural gas rate for residential consumers in Moldova by another 29.4%—from 18.79 to 24.31 lei per cubic meter, excluding VAT (from 20.3 to 26.25 lei, including 8% VAT)
Termoelectrica and CET-Nord have requested an 82.6% increase in the rates for heat supplied to consumers and a 96% increase, respectively
Energocom reported that Moldova's power grid will face a commercial electricity shortage during four time periods today
In Moldova, electricity and natural gas consumers are free to choose their supplier based on the terms that best suit them—ANRE
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