Latest moldova steam energy storage transformation plan

What is Moldova's energy plan?

The plan was informed by recommendations from the Energy Community Secretariat. It outlines Moldova's decarbonisation goals, sets targets for renewable energy, energy efficiency, and greenhouse gas emissions reductions, and supports the country’s commitments under the Energy Community Treaty.

What are Moldova's energy reforms?

Among other priorities, the instalment focused on energy sector reforms. Since 2022, Moldova's power system has been connected to the European continental electricity network. On 1 December 2024, the export capacity from the EU to Ukraine and Moldova was increased from 1.7 to 2.1 GW, including 315 MW for Moldova.

What is Moldova's energy package?

The package is a continuation of the work done by the European Union and partners to reduce Moldova's energy vulnerability. Today Moldova's energy system is providing electricity and heat without any blackouts. A Comprehensive Strategy to ensure Energy Independence and Resilience

How does the EU support Moldova's energy system?

So far, the EU has already provided €240 million in direct budget support to Moldova's energy system from 2021 to 2024 to help the most vulnerable people. In the 2023-2024 heating season, more than 750 000 households have benefited from compensation through the EU-supported Energy Vulnerability Reduction Fund (EVRF).

Will Moldova decouple from Russian energy supplies in 2025?

This comes shortly after Moldova and the European Commission agreed on a two-year strategy, allocating EUR 250 million for 2025 to support Moldova decouple technically and financially from unreliable Russian energy supplies, and integrate it into the EU energy market.

What does the Energy Community Treaty do for Moldova?

It outlines Moldova's decarbonisation goals, sets targets for renewable energy, energy efficiency, and greenhouse gas emissions reductions, and supports the country’s commitments under the Energy Community Treaty. It also contributes to Moldova’s sustainable development and the decarbonisation of its energy sector.