Does Moldova need alternative energy suppliers?

Increasing energy costs and Moldova’s initiatives to diversify its gas and electricity sources present an opportunity for alternative energy suppliers. The government intends to increase the proportion of renewable energy in the energy mix through funding significant renewable energy projects through competitive procurement.

What is Moldova's energy self-sufficiency?

Moldova’s energy self-sufficiency is among the lowest in the world: only around 25% of its energy demand is covered by domestic production, consisting almost entirely of solid biomass and variable renewable energy sources.

How much energy does Moldova use?

Moldova imports 100% of its gas and coal consumption, nearly all of its oil consumption and around 80% of its electricity (including electricity procured from the Moldavskaya GRES [power station] situated in Transnistria). 1 Second, Moldova has obligations stemming from its aspirations for European integration.

How has the EU impacted Moldova's energy crisis?

Following Moldova’s energy crisis in October 2021, the EU’s direct assistance has facilitated the country’s first-ever gas purchases from non-Russian suppliers, paving the way for energy diversification and independence.

Does Moldova use natural gas?

Moldavskaya GRES (MGRES) provides the majority of the remaining 80 percent of energy in the separatist area of Transnistria. Ukraine is also a supplier of electricity to Moldova. Moldova’s natural gas use is virtually entirely dependent on imports from Russia. MGRES transforms Russian natural gas into electricity for sale on the right bank.

Does Moldova have energy independence?

The nation’s energy independence ranks among the lowest in the world. Moldova has pledged to execute the reforms outlined in the European Union’s Third Energy Package, a set of laws established in 2009 that aims to create integrated and competitive natural gas and power markets.