Electricity purchased at an average price of €137 in February

In February, SA Energocom purchased a total of approximately 403,000 MWh of electricity at a weighted average price of €137.53/MWh. The majority of the electricity supply – 61.01% – was imported, IPN reports.

According to Energocom, the average price of €137.53 is below the purchase price cap of €145/MWh set by the National Energy Regulatory Agency (ANRE).

Additionally, the European Commission allocated a grant to Moldova, with €10 million designated for the right bank of the Dniester to lower the cost of electricity purchased from Romania’s PZU market (OPCOM and BRM). If this subsidy is applied, the final cost of electricity purchased in February will decrease from €137.53/MWh to €112.78/MWh.

The share of domestic electricity production in total purchases last month was 38.99%, including: 131,000 MWh (32.61%) generated by CHP plants in Chisinau and Balti, nearly 26,000 MWh (6.38%) from renewable energy parks and power stations.

“Urban heating plants and some renewable energy producers have tariffs set by ANRE. For renewable energy producers operating on the free market, the purchase price is regulated by Order No. 1 of the Commission for Exceptional Situations, dated December 27, 2024,” stated an official press release.

Energocom also clarifies that purchase prices include additional taxes and costs related to transportation and logistics.

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Electricity purchased at an average price of €137 in February

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Electricity purchased at an average price of €137 in February

In February, SA Energocom purchased a total of approximately 403,000 MWh of electricity at a weighted average price of €137.53/MWh. The majority of the electricity supply – 61.01% – was imported, IPN reports.

According to Energocom, the average price of €137.53 is below the purchase price cap of €145/MWh set by the National Energy Regulatory Agency (ANRE).

Additionally, the European Commission allocated a grant to Moldova, with €10 million designated for the right bank of the Dniester to lower the cost of electricity purchased from Romania’s PZU market (OPCOM and BRM). If this subsidy is applied, the final cost of electricity purchased in February will decrease from €137.53/MWh to €112.78/MWh.

The share of domestic electricity production in total purchases last month was 38.99%, including: 131,000 MWh (32.61%) generated by CHP plants in Chisinau and Balti, nearly 26,000 MWh (6.38%) from renewable energy parks and power stations.

“Urban heating plants and some renewable energy producers have tariffs set by ANRE. For renewable energy producers operating on the free market, the purchase price is regulated by Order No. 1 of the Commission for Exceptional Situations, dated December 27, 2024,” stated an official press release.

Energocom also clarifies that purchase prices include additional taxes and costs related to transportation and logistics.

📢 IPN is also on Google News. Subscribe!


Parliamentarian Andy Burnham has officially been elected the new leader of the Labour Party and is set to take over as Prime Minister of Great Britain from Monday, July 20, reports IPN.

Andy Burnham took over the leadership of the party on Friday after receiving 379 nominations from the 403 Labour MPs. He will become Prime Minister on Monday, when the resigning Prime Minister, Keir Starmer, will present his resignation to King Charles III at Buckingham Palace. Subsequently, the sovereign will invite Andy Burnham to form a new Government.

The new leader of the governing party has outlined several fundamental commitments for his term, among which are the consolidation of party unity, the promotion of a new policy focused on addressing neglected issues, and the decentralization of power through the transfer of authority from Westminster to local communities.

According to British legislation, the leader of the governing party automatically becomes the Prime Minister. Moreover, Andy Burnham is the seventh Prime Minister in the last 10 years, a period during which 3 parliamentary elections have been organized.

Keir Starmer has announced his resignation as the leader of the Labour Party and, consequently, as Prime Minister, on June 22, amid the loss of political support within the party and criticisms regarding his leadership. He has led the British Government since the last general elections, in July 2024.

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1 IANUARIE, 2025
1 IANUARIE, 2025