Non-domestic consumers in the Republic of Moldova will be able to purchase electricity through an electronic platform launched by the Romanian Commodity Exchange EST Moldova. According to the entity, the new mechanism allows licensed suppliers to participate in procurement procedures in a competitive and transparent framework, reports IPN.

The platform, called the Electric Energy Ring within the available market (Retail), aims to facilitate the meeting of demand with supply, through clear rules and equal treatment for participants. The Ministry of Energy specifies that the mechanism will contribute to the implementation of more efficient and transparent procurement procedures.

According to BRM EST, similar platforms have been used for over two decades in several European Union states, and the new tool responds to the requests of consumers from the Republic of Moldova.

Currently, BRM EST is the only functional commodity exchange in the Republic of Moldova and manages electronic platforms for trading natural gas, petroleum products, construction materials, and other fungible goods.