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.

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