The Republic of Moldova aims to develop an electricity market similar to that of natural gas, although this presents several constraints and organizational difficulties, said Constantin Borosan, State Secretary at the Ministry of Energy, at the conference Regional Approach: Chisinau 2024, organised by Energynomics.

“We can integrate more renewable energy, but we need stability and that’s why we need US support,” Borosan said.

He noted that Moldova used to be able to rely on energy imports from Ukraine, which provided a large amount of energy at affordable prices, but now this source no longer exists.

Fortunately, synchronization with the European Union has ensured gas and electricity supplies, providing stability to the country’s energy system. To reinforce this stability, Moldova is building connections with its strategic partner Romania, but it also needs private investors, as the state cannot bear all the costs and risks alone.

The conference Regional Approach Chișinău 2024 was organized by Energynomics with the support of our partners: Boglight Gaz Moldova, Elektra Renewable Support, Parapet GmbH, Siemens Energy, Simtel Team, SolaX Power, Waldevar Energy, Transgaz.