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Moldova, in the event of a possible cessation of electricity supplies from the Moldavskaya GRES, will most likely purchase electricity from Ukraine.

Moldova, in the event of a possible cessation of electricity supplies from the Moldavskaya GRES, will most likely purchase electricity from Ukraine.

This was stated by Deputy Prime Minister, Minister of Infrastructure and Regional Development Andrei Spinu. He noted that electricity prices in Ukraine before the war were $100-120 per MW/h, and it was twice as expensive as that of the Moldavskaya GRES, which sells electricity to the right bank of the Dniester at $53.5 per MW/h. “But now in Ukraine the normal market in the form in which it worked before the war is closed, so the price is now $70-80 per MWh. But this is a matter for future negotiations. Now in Ukraine there are no problems with capacities and supplies. Many economic sectors there were suspended or destroyed. Therefore, the consumption of electricity in Ukraine has decreased, the demand for it has fallen, and now there are opportunities to supply electricity to Moldova,” Andrei Spinu said. According to him, the tariff for end users will depend on the purchase price. Herewith, the vice-premier noted that in case of purchasing electricity from Ukraine for $100-120 per MW/h, the final tariff for residential users may exceed 3 lei per 1 kW/h.// 15.04.2022 — InfoMarket

News on the subject

Romania will help Moldova with natural gas supplies, if necessary, and will provide the necessary storage capacities.
Romania will help Moldova with natural gas supplies, if necessary, and will provide the necessary storage capacities.
NAER will send the Competition Council a Report on the results of the investigation on the electricity market for consideration from the point of view of competition law.
NAER will send the Competition Council a Report on the results of the investigation on the electricity market for consideration from the point of view of competition law.
The price of Russian natural gas for Moldova in April is $1160 per 1 thousand cubic meters - Andrei Spinu.
The price of Russian natural gas for Moldova in April is $1160 per 1 thousand cubic meters - Andrei Spinu.
It will take half a year or a year to convince representatives of the natural gas market to participate in trading on the exchange platform, - Gabriel Purice.
It will take half a year or a year to convince representatives of the natural gas market to participate in trading on the exchange platform, - Gabriel Purice.
Moldova plans to introduce criminal penalties for the misuse of privileged information and manipulation in the natural gas market.
Moldova plans to introduce criminal penalties for the misuse of privileged information and manipulation in the natural gas market.
There are risks that Gazprom will cancel the contract for gas supplies to Moldova from May 1, but the country will not be left without gas and will buy it on the market from alternative suppliers - Andrei Spinu.
There are risks that Gazprom will cancel the contract for gas supplies to Moldova from May 1, but the country will not be left without gas and will buy it on the market from alternative suppliers - Andrei Spinu.