Moldova praised Romania’s move to take over as electricity provider following Russian bombs that seriously harmed the energy infrastructure of the war-torn nation, Balkan Insight reported.
Energy exports from Ukraine to Moldova and the European Union have significantly decreased as a result of the damage inflicted by Russian airstrikes in recent days.
As opposed to the price of roughly 280 euros per MWh on the energy spot market in Bucharest, the authorities in Chisinau will purchase power from Romania for 90 euros per MWh.
Beginning on October 14, electricity from Romania will be available at a lower cost than the market rate and replace the 30% of Moldova’s energy needs that Ukraine can no longer supply. This was accomplished because, back in March, Moldova was able to synchronize its system with the European electrical grid, according to Moldovan Deputy Prime Minister Andrei Spinu.
In March, the European electricity grid ENTSO-E was linked to Moldova and Ukraine. Moldova’s high-voltage wires in Ukraine will be used to transport the power from Romania.
At a cost of roughly $77 per MWh, Ukraine used to provide Moldova with about 33% of its power needs. The Moldgres thermal power station in Cuciurgan, in the secessionist area of Transnistria, is where the remaining energy is acquired.
The National Energy Regulatory Authority asserts that Romania has an energy capacity of nearly 19,000 MWh. Hydro, coal, and wind power each produce the most electricity.
In the meanwhile, Moldova continues to be completely reliant on Russian gas. Following a threat by Gazprom to cease gas supplies to Moldova, Romania has also stated its willingness to offer up to 150 million cubic meters of gas each month.
Romania generates 80% of the gas it needs and has about 90% of its storage capacity full for the next winter.
