Electricity prices for end users in Moldova could rise by up to 15% — ANRE
Electricity prices for end users in Moldova could rise by up to 15% — ANRE
Energocom
In Moldova, the rise in gas rates was attributed to higher fuel prices on the global market
Moldova explained how the gas tariff is calculated and why its increase is primarily due to external market conditions. The Ministry of Energy also highlighted the cost structure within the supply chain and announced measures it is preparing to support the most vulnerable consumers.
In September, Energocom purchased electricity at a price of 157.42 euros per MWh
In September, Energocom increased its electricity purchases amid new market conditions, with imports continuing to account for the bulk of the volume. The company also notes a change in the structure of its purchases, which affects the weighted average price and highlights the role of peak hours and contracts with regional suppliers.
Energocom explained why it was unable to purchase all of its gas in advance for the winter of 2026–2027
The state-owned company explained why it was unable to secure the entire volume of gas in advance for the upcoming cold season: the decision was influenced by the repayment schedule for the credit line, the characteristics of the liberalizing market, and the need to synchronize purchases with transportation capacity. Energocom also noted that when planning supplies, it relies on international price indicators and strives to avoid additional costs for consumers.
Energocom's gas price in October will be lower than the ANRE's estimated rate
The estimated price of gas contracted for October turned out to be lower than the level the regulator had factored into the fourth-quarter rates. Energocom explains that the final figure is determined based on a market formula and the results of procurement procedures; the full version of the report includes the calculation details and the factors that influenced the price.
New, higher natural gas rates for all Energocom customers have taken effect in Moldova
In Moldova, new, higher natural gas rates for all Energocom customers took effect on October 1
The Ministry of Energy is prepared to conduct an audit of Energocom's gas procurement and risk management
The Ministry of Energy has announced its readiness to undergo a professional audit of gas procurement and the risk management system at Energocom amid disputes over prices and supply terms. The ministry asserts that purchases were made in accordance with an approved strategy and international procedures, and explains how the company's expenses were calculated and how the loan proceeds were allocated.
Natural gas prices for residential customers in Moldova will rise sharply starting October 1
In Moldova, natural gas prices for residential consumers will rise by 28.8% starting October 1—from 18.79 to 24.2 lei per cubic meter, excluding VAT (from 20.3 to 26.14 lei, including 8% VAT)
Rising gas prices could lead to higher electricity rates in Moldova
Rising natural gas prices could affect electricity rates for end users in Moldova; however, the regulator has not yet specified the potential extent of any rate adjustment. The National Agency for Energy Regulation (ANRE) notes that the impact will depend on requests from producers, the structure of purchases, and the situation on foreign markets, where the country meets a significant portion of its needs.
Energocom is requesting a 29.4% increase in the gas rate for residential consumers in Moldova
Energocom is asking NARE to raise the natural gas rate for residential consumers in Moldova by another 29.4%—from 18.79 to 24.31 lei per cubic meter, excluding VAT (from 20.3 to 26.25 lei, including 8% VAT)
Energocom cut employee pay and postponed investments to save 17.5 million lei
Energocom's management has waived a portion of salary payments, which account for a significant portion of the company's employees' compensation, and has also postponed a number of investments in information systems planned for this year, which will result in total savings of approximately 17.5 million lei by the end of 2026.
A commercial electricity shortage is expected in Moldova's power grid during the day
Energocom reported that Moldova's power grid will face a commercial electricity shortage during four time periods today
The price of natural gas on the TTF rose to 77.31 euros per MWh on September 21
The price of natural gas on the TTF on September 21 stood at 77.31 euros/MWh following various fluctuations last week - Energocom
Energocom sent out more than 681,000 bills for August gas
Energocom issued and sent out more than 681,700 invoices for gas consumed in August, and the total volume of gas included in the invoices exceeded 9.33 million cubic meters
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