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The Republic of Moldova's energy sector is heavily reliant on imports, with 80% of its electricity being imported in 2020. Prior to the war in Ukraine, the electricity was mainly imported from Ukraine. Since November 2023, the MGRES gas-fired power plant in Transnistria is making up for the electricity import deficit from Ukraine.
Since November 2023, the MGRES gas-fired power plant in Transnistria is making up for the electricity import deficit from Ukraine. This heavy reliance on external sources, particularly from politically sensitive regions, makes the Republic of Moldova's electricity supply extremely vulnerable.
The demand for electricity in the Republic of Moldova is expecting to grow at a steady rate of 2% annually, increasing in the both scenarios from about 3800 GWh today to 6900 GWh by 2050. In the reference scenario, natural gas will remain the major source of power generation through to 2050.
The transport sector accounts for 25% of total energy consumption and is a primary driver of oil consumption growth in the Republic of Moldova. This reliance on oil products for transportation highlights the need for modernization and transition to more sustainable alternatives.
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