Moldova's energy strategy: 2024 electricity mix and sources
In 2024, the Republic of Moldova, through SA Energocom, ensured its electricity supply through a diversified mix of domestic and external sources.
The total quantity purchased was 4.5 million MWh, at a weighted average price of 90 euros per MWh.
Main energy sources:
Moldovan Thermal Power Plant (Cuciurgan): It provided about two-thirds of the total energy purchased, at a price of $66 per MWh (equivalent to 63.75 euros). However, the contribution from this source dropped by 10% compared to 2023.
Imports from Romania and Ukraine: About 13% of the total energy, double the amount from the previous year. The energy was purchased from the OPCOM exchange, primarily used for peak and deficit hours, at an average price of 168 euros per MWh, as well as from major producers such as Nuclearelectrica, Hidroelectrica, Energoatom, and Ukrhydroenergo.
Thermal power plants in Chișinău and Bălți: These produced 12% of the energy required for the right bank of the Dniester River.
Renewable sources: Green energy accounted for 7% of total purchases, with a production of 291 thousand MWh – 3.6 times greater than in 2023. Around 200 small producers supplied energy to Energocom, including ML Energy Group, which sold energy at an average price of 64.72 euros per MWh.
Currently, the energy supply situation in the Republic of Moldova is significantly different, as the Cuciurgan Power Plant no longer provides electricity to the country.
In the first 20 days of this year, about 30% of the total energy purchased was produced by the urban heating plants in Chișinău and Bălți, while imports accounted for over 60% of the country’s energy needs. The remaining 10% came from renewable sources, including wind farms, solar parks, and biogas plants.
Translation by Iurie Tataru
