Moldova turns into net electricity exporter on lower domestic consumption in Q2

Moldova turns into net electricity exporter on lower domestic consumption in Q2

/ bne IntelliNews

By bne IntelliNews August 7, 2024

The industrial slowdown dragged down the total electricity consumption in Moldova (chart) by 4% y/y in Q2 (-9% y/y for the non-residential segment) to 925 GWh, according to data provided by the statistics bureau.

The demand from Ukraine and the stable supply from the separatist region Transnistria (815 GWh, counted as neither import nor domestic production), turned the country into a net electricity exporter again.

Moldova proper’s own electricity production contracted by 11% y/y to 118 GWh in Q2 and covered only 12.6% of total; gross consumption.

The net export was small, but positive at 8 GWh.

A similar situation (net electricity export) was seen in the second quarter of last year when Moldova’s net export was 14 GWh.

Transnistria tends to deliver more electricity to Moldova proper during the warm season (Q2 and Q3), when the region’s natural gas consumption needs (for heating) are lower.

However, quite ironically, a small part of the electricity produced from the natural gas supplied by Russia freely to the separatist region in Moldova ends up in Ukraine’s power grid.

#moldova #electricity #bneChart

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