In October, Energocom purchased electricity at a higher price than the previous month, due to changes in the supply structure and a shift in purchases toward more expensive consumption hours. Imports continued to account for the bulk of the supply, while a significant portion of demand was met through domestic generation and market mechanisms.
Moldova has set a long-term course toward drastically reducing its dependence on energy imports and rapidly increasing the share of renewable sources in its energy mix. The authorities are also focusing on developing storage infrastructure, expanding the electricity market, and attracting private investment to support the electrification of the economy and enhance its resilience.
Moldova is planning its gas purchases for the upcoming season in advance and in stages, using various types of contracts and competitive procedures to mitigate price risks and ensure a steady supply for consumers. The Ministry of Energy notes that current exchange prices do not reflect the full picture, as a significant portion of the volume has already been contracted for the upcoming period.
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