Energocom: Average electricity purchase price 119 Euro/MWh in Moldova in last March

The Energocom stock company in last March purchased about 384,000 MWh of electricity from the domestic market and imports at a weighted average price of 119.85 EUR/MWh.

The energy price contracted from SPEEH Hidroelectrica and SA Nuclearelectrica was 400 RON/MWh, in accordance with the Romanian emergency ordinance.

The purchase costs do not include taxes and expenses associated with transportation, logistics and capacity reservation.

Both the quantity of electricity and the average purchase price were lower in March, compared to February 2025, when Energocom acquired a total of approximately 403,000 MWh from the local market and imports at a weighted average price of 137.53 EUR/MWh. This cost is below the purchase price ceiling included in the current tariff set by the National Energy Regulatory Agency (ANRE) - 145 EUR/MWh.

According to Energocom, 65.03% out of the overall energy purchased in last March was imported electricity, while domestic production contributed 34.97 per cent. In particular, energy from Romania covered 24.67 per cent of the consumption needs and 23.18 per cent was energy imported based on other bilateral contracts.

The Combined Heat and Power Stations (CHPs) from Chisinau and Balti supplied 95.7 thousand MWh or 24.93 per cent, and renewable energy plants and parks produced almost 38.5 thousand MWh, equivalent to 10.04 per cent. Another 17.18 per cent was purchased from OPCOM and the Romanian Commodity Exchange (BRM) for system balancing.

Constantin Borosan, State Secretary of the Ministry of Energy, on 2 April informed yesterday that electricity consumption had recently decreased from about 15 million kWh per day to about 12 million kWh. This is due to the fact that the weather has warmed up and electrical equipment is no longer used for home heating. At the same time, the length of the day is longer and artificial lighting is no longer used as much.

Starting from January 1, 2025, the right bank of the Dniester has no longer been receiving electricity from the Kuchurgan Power Plant, after the Russian Gazprom group halted natural gas deliveries to Moldova. In these conditions, consumption is covered from domestic sources and imports.