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OPEM begins testing

The OPEM trading platform with offers to sell and buy electricity will be tested in Moldova from December 3 to 5. This was announced by the director of the National Energy Regulatory Agency, Constantin Borosan, noting that OPEM Moldova and OPCOM România will hold a webinar on November 26 on the functioning of the day-ahead and intra-day market.
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OPEM begins testing

And from December 3 to 5, a trading platform with offers to sell and buy electricity will be tested. Owners of licenses for electricity generation, transportation, distribution and supply; electricity trading; aggregation; energy storage can register as participants on the electricity exchange. As well as economic operators without a license – producers with power plants with a capacity of less than 5 MW.

As previously reported, OPEM, Moldova’s energy market operator, started on October 27 the registration of participants in organized markets – day-ahead and intra-day markets. This stage marks an important step in the operation of OPEM-managed platforms aimed at ensuring transparency, efficiency and fair competition on the electricity market in Moldova.

The Ministry of Energy notes that the establishment and commissioning of short-term electricity markets is necessary to ensure future interoperability with neighboring markets and, in particular, with the European single day-ahead and intraday market (SDAC and SIDC).

According to the provisions of the Electricity Act, the electricity market consists of the bilateral contract market and organized electricity markets, in particular the day-ahead market (PZU) and the intra-day market (PPZ), the balancing electricity market and the system services market.

In Moldova, 96 companies hold electricity supply licenses and only 3 suppliers currently operate in the competitive/unregulated market with a market share of 1.52% 0.14% and 0.34%, respectively.

After the launch of organized markets, the share of suppliers in the unregulated electricity market is expected to increase significantly. Operatorul Pieței de Energie M (OPEM), a Romanian subsidiary of OPCOM, was appointed as the electricity market operator in Moldova by a government decision in early 2024.


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