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

Romania to Lead EU Energy Security with Neptun Deep Gas Exports
The Romanian Energy Ministry has emphasized that the natural gas exports from the Neptun Deep offshore perimeter to Germany will account for less than 1% of the deposit's estimated output, which exceeds 100 billion cubic meters.
Biden Moves to Ban Offshore Oil and Gas Drilling Across US Coastlines
US President Joe Biden announced a major executive action on Monday to ban new offshore oil and gas drilling across 625 million acres of ocean, including the East and West coasts, the eastern Gulf of Mexico, and Alaska's Northern Bering Sea.
Government Implements Measures to Ensure Energy Supply for Villages in the Security Zone
The Commission for Emergency Situations (CSE) has approved critical measures to ensure the reliable supply of electricity and natural gas to several villages in the Security Zone, currently connected to infrastructure on the left bank of the Dniester River, the government announced.