Moldova's electricity demand fully covered for Aug. 7
Moldova's electricity demand is fully covered for Aug. 7, Energocom says, after the state-owned energy trader purchased 13,561 MWh to meet national demand. President Maia Sandu has warned, however, that power cuts cannot be ruled out depending on electricity availability on external markets and consumption during peak hours.
According to Energocom, 25.93% of the electricity purchased comes from local renewable sources, 69.21% from bilateral import contracts, 3.90% from Romania's Day-Ahead Market through OPCOM and BRM, and 0.96% from combined heat and power plants (CHPs).
Energocom said that while the volumes needed to meet demand have been secured, electricity availability on external markets remains limited and procurement costs are rising.
“Although the volumes needed to cover today's consumption have been identified and reallocated, the regional situation remains difficult, while electricity availability on external markets is limited. Under these conditions, electricity is significantly more expensive,” the company said.
High procurement prices, particularly during peak hours, will inevitably affect final costs for consumers, Energocom said. The company urged households and businesses to use electricity responsibly, especially between 6 p.m. and 11 p.m., when consumption is highest.
“Reducing consumption during peak hours helps ease pressure on the national power system and reduces the need for additional, more expensive purchases,” Energocom said.
Maia Sandu: Power cuts can be avoided by saving electricity
President Maia Sandu said state institutions are working to secure sufficient electricity volumes and prevent power interruptions, but the situation also depends on regional developments.
“The government and state institutions work every day to find sufficient capacity and electricity volumes so that we can provide citizens with power without interruptions. If we save more electricity during peak hours, we will be able to avoid these problems. But we can all see that Moldova is not the only country facing this crisis, and it is clear that we need to use electricity as responsibly as possible,” Sandu said on Aug. 7.
Sandu said the authorities are monitoring the situation and looking for solutions to overcome the difficult period.
“We will make sure that we get through this crisis. The rains will return, water levels in the rivers will rise, and the situation will improve,” the president said.
Moldova has been under an energy and hydrological alert since July 28, with the measures in place for 30 days. The alerts were introduced amid disruptions in petroleum supply chains and a sharp decline in water levels in the Dniester River.
Translation by Iurie Tataru
