Energocom Reports Increased Energy Demand and Rising Costs

Energocom Reports Increased Energy Demand and Rising Costs

Energy

Energocom, the state-owned energy company, has reported a significant rise in electricity demand in recent days, necessitating increased imports from Romania’s OPCOM energy exchange, where prices have risen compared to the previous month. The company is urging consumers to use energy resources efficiently, CE Report quotes MOLDPRES

Between December 1-10, 2023, Energocom imported approximately 96,000 MWh from Romania and the Kuchurgan power station. For the same period in 2024, this figure increased by 15% to 110,000 MWh, driven by higher local demand and rising Romanian energy prices since late November.

Energocom plans to purchase 463,000 MWh in December 2024 for right-bank Dniester consumption, with 37% (170,500 MWh) supplied by the Kuchurgan power station in Transnistria at $66/MWh. Deliveries from Kuchurgan exceeded the monthly schedule during the first 10 days of December.

Around one-third of the required energy (150,000 MWh) will be sourced from OPCOM and other partners in Moldova, Romania, and Ukraine. An additional 22,320 MWh is being supplied by Romania’s Cernavoda Nuclear Power Plant at a capped preferential price of 400 Romanian lei/MWh (€80/MWh).

Local thermal power stations in Chisinau and Balti will produce 115,400 MWh (25% of total demand), while renewable energy installations will contribute 6,400 MWh (1.4%).

Energocom emphasizes the importance of rational energy use amidst rising costs and growing demand.

Tags

Related articles

Moldovan Prime Minister Requests 60-Day State of Emergency Amid Energy Concerns
Prime Minister Dorin Recean and his cabinet appeared before parliament this evening to propose a 60-day state of emergency starting on December 16. The move aims to address imminent risks related to the potential cessation of natural gas supplies to the Transnistrian region by Russia and Gazprom.
Romania Supports Moldova Amid Winter Energy Crisis
Romania has pledged its support to the Republic of Moldova as it faces energy challenges this winter.
Moldovan Prime Minister Takes Charge of Energy Ministry Amid Emergency Preparations
Prime Minister Dorin Recean held a working meeting at the Energy Ministry to discuss priorities for the immediate future and preparations for a potential state of emergency in the energy sector.
Moldova's Prime Minister Outlines Plans to Avert Energy Crisis
Prime Minister Dorin Recean has detailed multiple scenarios to address a potential energy crisis in Moldova.
Moldovan Prime Minister Announces Resignations and Emergency Measures in Energy Sector
Prime Minister Dorin Recean announced the resignations of key figures in Moldova's energy sector during a press conference today. Energy Minister Victor Parlicov, Energocom Director General Victor Binzari, and Sergiu Tofilat, a government-appointed member of Moldovagaz's Council of Observers, have stepped down.