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Electrica, a Romanian state-controlled joint-stock company specializing in energy distribution and supply, announced on the Bucharest Stock Exchange (BVB) on December 19 that it had acquired Chisinau-registered Moldovan firm Electrica Furnizare Grup SRL from its subsidiary.
OPEM, supported by OPCOM, launched the day-ahead power market (PZU) on December 10 and the intraday power market (PPZ) on December 17.
In recent years, the issue of energy supply has been on the agenda, and before the beginning of each winter season it acquires certain alarming signs. But this winter Moldova meets surprisingly calmly – without hints of another crisis and without heated political discussions around the problem of gas and electricity supplies. Is it so, have all the pitfalls in the energy sector been overcome? Energy Minister Dorin Zhungietu answered these and other questions to Logos Press.
Problems in Romania’s energy sector may lead to higher electricity prices in Moldova. As part of the National Recovery and Resilience Plan (PNRR) in 2021, Romania committed to the European Union to finally decommission coal-fired power plants with a total capacity of 1,755 MW by January 1, 2026. This includes 1,305 MW at the Oltenia power complex.
Moldova is accelerating digitalization in the energy sector and intends to turn energy into a sector capable of supporting the country’s economic growth and security.
Postponing the adoption of the budget jeopardizes the payment of energy compensations. The authorities promise that the system will be in place this year and beyond. As it has been applied before. However, the absence of a draft budget for next year casts doubt not only on the timing of the aid, but, according to experts, on the financing system in 2026 as a whole.
Moldova’s designated natural gas supplier, state-owned Energocom, does not intend to accumulate large gas reserves in foreign underground storage facilities. The company’s director, Eugeniu Buzatu, said that the supplier will limit itself to a minimum gas reserve of 15%.
International experts from North Macedonia, Croatia and Great Britain presented the results of the feasibility study for the modernization of Termoelectrica SA. According to preliminary data, the cost of construction of the new CHPP is estimated at approximately 200-250 million euros.
For the first time in Moldova it was decided to carry out an inventory of gas distribution networks, although the need for this step has been talked about for many years. At the end of August 2025, the Ministries of Energy and Finance, by a joint order, launched a pilot project for the inventory of gas networks in one rural settlement and one city in Moldova.
Termoelectrica JSC continues to implement the project “Optimization of the district heating system in Chisinau”, with financing of 326 million euros in the form of loans and grants. And is actively preparing for the upcoming heating season.
