The Republic of Moldova has increased its purchases of electricity from Romania’s OPCOM as the bombing of the energy infrastructure in Ukraine affected the work of the Kuchurgan power plant, from which the largest volumes are purchased, said secretary of state of the Ministry of Energy Constantin Borosan. The official called on citizens to save electricity, especially during peak hours, in order to reduce the burden on the energy system, IPN reports.
Constantin Borosan explained that the third block of the Kuchurgan power plant was stopped due to the bombing of the energy infrastructure in Ukraine, and the shortage of energy is now covered with purchases made from Romania.
"In the morning, between 07:00 and 11:00, and in the evening between 18:00 and 22:00, there are the highest prices and this is an element that puts financial pressure on us. It is an element that we have to manage and we came up with the information campaign and the call to consume energy rationally, especially during peak hours, in order to reduce this pressure on infrastructure, but also the potential financial impact," the secretary of state stated in the program “The Shadow Cabinet” on Jurnal TV channel.
Energocom has recently signed a contract with Romania’s Nuclearelectrica. It allows for the purchase of electricity at a capped price of €80 euros per MWh, a value significantly lower than the fluctuating price on the stock exchange, which can reach €200 euros per MWh.
"We have concluded the contract with Nuclearelectrica based on an emergency ordinance. It is valuable support of the people and the Government of Romania because we can benefit from a capped price of €80 per MWh. It is higher that the price MGRES offers today, €61 per MWh, but it is much cheaper than on the stock exchange," noted Constantin Borosan.
According to the contract, between January 1 and March 31, Energocom will purchase 100 MW of power (24 hours a day) from the Romanian company Nuclearelectrica, which owns the Cernavoda Nuclear Power Plant. This is almost three times more than in December 2024, when Energocom buys 30 MW. The growth potential is up to 120 MW.