Comparative Analysis of Electricity Prices in the RM and in the Region (Romania, Ukraine)
Comparative Analysis of Electricity Prices in the RM and in the Region (Romania, Ukraine)
Author(s): Corina Gaibu
Subject(s): Energy and Environmental Studies, International relations/trade
Published by: IDIS VIITORUL Institutul pentru Dezoltare şi Initiative Sociale
Keywords: energy security;
Summary/Abstract: Energy sector is a strategic field for Republic of Moldova Geopolitical situation in the region, the tension between Ukraine and Russia, impose the acceleration of establishing interconnections with Romania, thus ensuring energy security of Republic of Moldova The contract on electrical energy supply to the RM was negotiated and signed in March. The negotiated price has a major impact on country’s economy and directly affects the whole society. Setting the electricity prices excessively high causes extra pressure on the population’s welfare and the monthly bills people pay; while, high dependency on electricity imports from Ukraine and a single generating facility in Transnistria (Steam Electric Power Station ”Moldoveneasca” owned by RAO UES of the Russian Federation) create an energy security vulnerability. Diversifying electrical energy sources through building a connection with Romania allow attaining an acceptable energy security level.
Series: Moldova’s Foreign Policy Statewatch
- Page Count: 4
- Publication Year: 2014
- Language: English
- Content File-PDF