Electricity Trades Between Romania and the Republic of Moldova to Begin in October 2022
Electricity trades with the Republic of Moldova will begin immediately after the completion of the entire process involving the harmonization of technical details and commercial aspects. Therefore, the first electricity trades between Romania and the Republic of Moldova are estimated for October this year.
The Transmission and System Operators (TSOs), Transelectrica and Moldelectrica (Transmission and System Operator in the Republic of Moldova) on August 11 signed the contract that will allow capacity allocation for electricity trades on the interconnection line between Romania and the Republic of Moldova.
By sustained collaboration of the two Transmission and System Operators for a joint agreement that will materialize by allocating interconnection capacity, there will be a dynamic flow of electricity transactions between energy market participants in Romania and those in the Republic of Moldova.
The successful process of electricity trading on the interconnection between Romania and the Republic of Moldova is a support commitment between the two Transmission and System Operators and it also contributes to the development and proper operation of the European energy market.
Transelectrica is the Romanian transmission and system operator, with a key role in Romania’s electricity market.
It manages and operates the power grid and ensures electricity trades between the countries of Central and Eastern Europe, as member of ENTSO-E (European Network of Transmission System Operators for Electricity).
It is responsible for power transmission, the operation of the system and of the market, ensuring the safety of the National Electric Power System (NEPS). It is also the main link between demand and supply of electricity, permanently balancing energy production with demand.
Moldelectrica is the transmission and system operator of the Republic of Moldova. One of the main tasks is to ensure the energy security of the Republic of Moldova.
We recall that, on March 16, 2022, there was a successful synchronization of power systems in Ukraine and Moldova with the European power system.
