Send us a message, and we will definitely consider your suggestions and comments.
Category: Energy
The Ministry of Energy initiated the process of granting the status of a strategic object of national interest for the country’s energy security to the construction of the 400 kV Straseni-Gutinas transmission line, as well as the modernization of the 330 kV power plant in Straseni.
In the Republic of Moldova, the country’s largest electricity storage system with a total capacity of 60 MWh was put into operation in Radeni.
The government plans to raise the minimum amount of strategic natural gas reserves from 50 million to 56.3 million cubic meters.
Romanian President Nicusor Dan said he doubts that the project of complete substitution of Russian gas with American LNG is economically sound because it requires serious infrastructure costs.
The withdrawal of the United Arab Emirates (UAE) from OPEC signals a strategic reversal and calls into question Gulf coordination and the future of the cartel.
“Moldova does not rely on one source or one route. We are building step by step a balanced and reliable energy supply portfolio that will ensure stability and predictability. It is crucial for us that this diversification is done at a sustainable price and that the security of supply for citizens remains an absolute priority,” Energy Minister Dorin Junghietu said.
The war against Iran has fueled British interest in heat pumps. They reduce the dependence of Europeans on volatile gas prices, although they have become embroiled in political and cultural disputes over carbon neutrality (net zero).
Moldova is withdrawing from the Energy Charter Treaty (TCE), an international agreement dating back to the 1990s, which, according to the authorities, is no longer in line with the energy transition policy and the development of renewable energy sources. The draft was approved by Parliament in two readings at today’s session.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has extended until May 30 a general license allowing certain transactions related to the sale of Lukoil International GmbH (a subsidiary of Russian oil company Lukoil, which owns the group’s foreign assets). This decision allows to finalize the transaction with the American investment company Carlyle Group, which was announced earlier.
Proposals to reduce VAT and excise duties on fuel, put forward by the opposition, were criticized by the PAS parliamentary majority in the Commission on Economy, Budget and Finance. The authorities cite possible losses for the budget and economic risks.
Chairman of the Parliamentary Commission on Economy, Budget and Finance Radu Marian, along with other MPs from the PAS faction, registered a bill aimed at strengthening the state’s ability to react quickly in an energy crisis or emergency preparedness mode.
The development of a functional and liquid wholesale market implies a gradual redirection of locally produced electricity volumes to organized markets, especially from renewable sources. This is important for the establishment of a competitive and transparent pricing mechanism, given that reliance on bilateral contracts and a limited number of counterparties limit market efficiency.
The Republic of Moldova now has a roadmap, a GIS database and a set of technical tools to bring the Emerald Network in line with Natura 2000 standards, developed under the first LIFE project implemented in the country.
The National Energy Regulatory Agency (NERA) has set new fuel price caps that will be in effect tomorrow, April 29.
The Republic of Moldova is developing legislative changes aimed at modernizing investment policy and attracting environmentally sustainable technologies to the country’s economy. It is about the implementation of the European Net-Zero Industry approach, focused on the development of a zero-emission industry.
German power prices collapsed to record lows on Sunday amid a surge in solar generation and mild weather that reduced demand over the weekend.
A draft law aimed at stimulating investments in renewable energy sources and electricity storage systems has been registered in Parliament. The initiative provides for tax and customs exemptions, as well as changes in state support mechanisms.
The crisis in the Middle East has brought the US into the center of the global oil and gas trade. Disruptions in supplies from the region have triggered a sharp rise in demand for American energy resources, which has already reached historic highs.
Carbon Brief climatologists have warned that 2026 could be one of the hottest years on record due to an expected increase in global warming.
The U.S. has effectively allowed Lukoil’s network to operate until October 2026 by issuing a special license that allows the company’s gas stations to continue operating abroad despite the sanctions in place. The competent authorities in Moldova must now speak out and possibly allow the gas stations to continue operating.
