Economy

02 May, 2025 / 01:55

/ 5 hours ago

Moldova increases capacity of export of electricity to EU

The capacity of export of electricity from the joint Moldova - Ukraine block to the European ENTSO-E network was increased from 550 MW to 650 MW starting from 1 May.

According to the Moldelectrica enterprise, this growth will allow increasing the quantity of electric energy to be exported to Romania and potentially other European countries, thus strengthening Moldova's position as a regional electricity supplier.

"After the increase of export capacity on the UAMD block profile, the cross-border transfer capacity (NTC) at the Moldova - Romania border, in the export direction, was expanded from 82 MW to 97 MW, providing even more space for the trade with electricity with EU member States," Moldelectrica noted.

Due to the decrease in domestic consumption driven by warmer weather and increased production from renewable sources - especially from solar and hydroelectric plants – Moldova’s export volumes traditionally grow during the spring season.

Therefore, this development will allow renewable energy producers from Moldova, who are active on the free market, to more easily access competitive EU markets, thereby effectively capitalizing on the country's green resources.

Comment

Latest News

/ 23 April, 2025

Moldovan state establishes national mechanism to prevent import of fish coming from illegal fishing

/ 23 April, 2025

Moldova to use modern IT system to combat money laundering

/ 22 April, 2025

Romanian transport and infrastructure minister says five new bridges to be built across Prut river

/ 22 April, 2025

Over 64 million lei enter Moldovan farmers' accounts on April 14–18

/ 22 April, 2025

About 90 companies in Moldova to benefit from grants from government, European Union, World Bank

/ 18 April, 2025

Integration of Moldovan financial system into European Space: Banks of Moldova submit first applications for joining SEPA

/ 18 April, 2025

Works of construction of Vulcanesti - Chisinau power line advance over distance of 100 km, with more than 300 pylon foundations completed

/ 18 April, 2025

Construction of bridge at Ungheni over Prut river to be launched on 26 April through special event

/ 18 April, 2025

500 million lei for local road construction

Moldovans with at least 40 years of contributions to receive minimum pension of 3,300 lei as of 1 May

Deputy PM says ten states which joined European Union in 2004 proved EU represents better future for Moldovan citizens

Moldovan parliament speaker conveys message on International Labour Day

Moldovan president conveys message on International Labour Day

Moldovan PM conveys message on International Labour Day

Moldova marks International Workers' Day

PHOTO GALLERY // Publicist Nicolae Schitco marking birthday anniversary

Moldova, United Kingdom to collaborate to combat illegal immigration

Moldova's Agency for Intervention and Payments in Agriculture launches process of providing enterprises with compensation for energy

Photovoltaic parks to be built in five settlements of Moldova, with EU investments worth 12.3 million euros

Moldovan, Ukrainian deputy PMs hold joint new conference

Police to be regionalized in Moldova, emergency response time to be shortened by at least 15 minutes

Moldovan MPs vote for harsher penalties for electoral corruption, Illegal political parties' financing

Moldovan residents of villages without ATMs to be able to withdraw cash from bank cards directly in shops

Moldovan police to be on duty on May 1; citizens urged to observe safety rules

Moldovan energy minister says competent ministry has clear goals for attracting investments, development of renewable energy

See more