Electric energy storage prices in Moldova

Where does Moldova get its electricity from?

Moldavskaya GRES (MGRES) in the separatist region of Transnistria supplies the vast majority of the remaining 80 percent of electricity. Moldova also imports electricity from Ukraine and Romania. For years Moldova’s natural gas consumption almost exclusively relied on Russian gas imports.

How has Moldova restructured its electricity distribution network?

As part of the reforms, Moldova restructured and partially privatized its electricity distribution network, including Premier Energy, a private company that controls 70 percent of the country’s electric distribution grid.

How much energy does Moldova have?

Moldova lacks domestic sources of fossil energy and must import substantial amounts of petroleum, coal, natural gas, and other energy resources. The primary energy supply in 2018 was about half natural gas, a quarter oil, and solid biomass at one-fifth.

Does Moldova have energy security?

Despite acceptable energy security levels in Moldova in 2019, the country faces exposure to gas supply shock risks due to its reliance on Russia for all of its gas via Ukraine. Two major supply disruptions occurred in 2006 and 2009 due to disputes between the two countries.

Does Moldova have a new energy policy?

Moldova has committed to implement reforms embedded within the European Union’s Third Energy Package, a suite of legislation adopted in 2009 aimed at creating integrated and competitive energy markets for natural gas and electricity.

How many hydropower plants does Moldova have?

Moldova has one hydropower plant, the Costesti Hydropower Plant. Moldavskaya GRES (MGRES) in the separatist region of Transnistria supplies the vast majority of the remaining 80 percent of electricity. Moldova also imports electricity from Ukraine and Romania.