European Union supports the efforts of the Republic of Moldova to promote renewable energy 

On April 6, in Chisinau, Deputy Director Dirk BUSCHLE and State Secretary in the Ministry of Energy, Constantin BOROSAN, hosted an event dedicated to the promotion of the use of energy from renewable sources in the Republic of Moldova. The event, organized under the auspices of the EU4Energy project, was attended by representatives of national relevant authorities and institutions, electricity system operators, representatives of local and international business communities, International Financing Institutions, NGOs and other stakeholders.

During the event, the Ministry presented an amendment to the Renewable Energy Law, which will transpose Directive 2018/2001 and prepare the country for moving to market-based support schemes, therefore increasing the volume of renewable electricity produced locally in conditions of improved competitiveness and fairly set prices. At the same time, households and SMEs are further encouraged to invest in small-scale generation, a migration from the well developing net metering mechanism to self-consumers being envisaged.  The amendment seeks for boosting the „renewable energy reform” in the Moldovan transport sector – helping citizens and the entire economy to have access to cleaner and affordable fuels, with a bio component produced locally.

“The event showcases the determination of Moldovan authorities to promote the production and use of renewable energy in all the sectors of our economy. Renewable energy is one of the key pillars of the Republic of Moldova’s decarbonization and energy security policy”, State Secretary Borosan stated.

Deputy Director Buschle added: “Moldova is to be commended for using the momentum of the energy crisis, by making the energy sector more resilient. The draft Law, prepared with the Secretariat’s assistance, will boost this development and provide investors with legal certainty.” Moldova plans to launch the first round of auctions after the adoption of the Law later this year.

DISCLAIMER

This news item has been produced with the assistance of the European Union. Its contents are the sole responsibility of the Energy Community Secretariat and do not necessarily reflect the views of the European Union.

Co-funded by the EU4Energy Programme of the European Union and implemented by the Energy Community Secretariat.