Moldova would source more electricity from Romania after 1 January 2025
Chisinau, Dec 24 /MOLDPRES/- The Republic of Moldova is expected to buy more electricity from Romania after 1 January 2025, especially if the thermoelectric power plant in the Transnistrian region /MGRES/ stops deliveries.
From 1 January until 31 March 2025, Energocom will purchase three times more electricity from Romania's Nuclearelectrica, which owns Cernavodă nuclear power plant. The volume of the purchase is 100 MW band, almost three times more than in December 2024, when Energocom purchased 30 MW/ The price of energy is about 80 euro/MWh.
At the same time, the Ministry of Energy announced that another 100 MW is to be contracted from OMV Petrom's Brazi Thermoelectric Power Plant.
At the same time, up to 200 MW may be purchased on the Romanian power exchange OPCOM to cover peak consumption. Electricity prices on the exchange are higher and highly volatile, being dependent on weather conditions and market demand.
According to the Ministry of Energy, the guaranteed import capacity (NTC) of ENTSO-E for Moldova is 315 MW. Thanks to the support of the European Union, the ENTSO-E and the electricity transmission operators from Romania, Ukraine, Poland, Slovakia, Hungary, Energy Community Secretariat of Romania, the mechanism for increasing the NTC capacity has been identified. Thus, the Republic of Moldova will be able to use the unreserved capacity at other borders between ENTSO-E and Moldova-Ukraine joint regulating block. In addition to this, our country will be able to connect power lines with 110 kV interconnection voltage with Romania, through which 100+ MW can be transported.
In addition to purchases from Romania, the authorities in Chisinau expect to cover the electricity needs from domestic production and renewable sources.
Constantin Borosan, State Secretary of the Ministry of Energy has earlier announced that in December, the import of electricity from Romania is higher because MGRES operates with two energy blocks.
Since 16 December, a 60-day state of emergency has been set up throughout the Republic of Moldova in connection with potential risks of energy shortages.
Prime Minister Dorin Recean said on Monday that the situation in the energy sector is not simple, but the government has scenarios in place to provide citizens with natural gas and electricity. At the same time, the authorities are urging consumers to use energy resources rationally and save energy, especially during peak hours.
Moldovan parliament speaker says agreement with IMF important indicator for international partners
Wheat export requirements from Moldova to Indonesia to be amended starting 1 June
Parliament simplifies financial reporting for enterprises
Moldovan energy minister demands compliance with completion deadline for works at Chisinau Electric Substation
IMF says new programme with Moldova to help advance reforms aimed at backing more sustainable economic growth
Over 68 per cent of Moldova’s exports go EU market: electrical equipment, vegetable products lead rankings
VIDEO // Minister of Finance on IMF Agreement: We have agreed on objectives for reducing budget deficit and measures needed for sustainable economic growth
Moldova’s wine industry adopts new development vision for next five years
Moldova to create emergency petroleum product stocks: decision approved by Government
Moldova and IMF reached agreement on new three‑year cooperation program
Moldovan green energy projects can receive funding of one million dollars
Moldovan deputy PM says more investment agreements to be announced at Moldova–EU investment conference
Moldovan Economic Development Ministry launches governmental programme “We Succeed,” to create simpler, more competitive business environment
Around 19 thousand tons of gasoline and diesel imported last week into Moldova
Agreement signed in Chisinau; Moldova, Iceland to operate direct flights
Restart in Education concept, new governance model for schools of Moldova
VIDEO // Over 70% of Moldova's electricity consumption covered by renewable sources; Energy minister: “Less dependence on imports and greater security for citizens”
Moldovan PM discusses with Slovakia’s Defence Minister
Traian Băsescu thanked President for granting Moldovan citizenship: I remain devoted to cause of country’s integration into EU
DOC // Report: Justice reform advances, 60% of judges undergoing vetting evaluated
Head of State signed decree granting citizenship of the Republic of Moldova to Mr Traian Băsescu
DOC // Former President of Romania granted Moldovan citizenship
Moldovan Ambassador to Japan presented copies of letters of credence
PHOTO // Bank Fraud file reaches Moldova's Court of Appeal: prosecutors seek 25 years in prison for Vladimir Plahotniuc
MOLDPRES INTERVIEW: Minister of Education and Research: Education system undergoing major transformation with great opportunities
Over 2,000 job vacancies to be offered at job fair organized in Moldovan capital
Chair of National Defence Committee of Estonia visits Chisinau
ARMENPRESS: Armenia’s financial system records growth across all sectors
Moldovan education minister says reform of education departments to ensure higher salaries, objective-based management
Two prosecutors pass evaluation in Moldova