Moldova electricity storage technologies
Moldova"s energy policy focuses on improving integration in regional markets, strengthening energy security, improving compliance with EU directives, increasing electricity generation
Natural gas accounts for more than half of Moldova's total primary energy supply (53% in 2018), oil roughly a quarter (23% in 2018) and solid biomass one-fifth (19% in 2018). Most natural gas is used for electricity and heat generation, 3 whereas oil is the most important energy source for final consumers.
As part of the reforms, Moldova restructured and partially privatized its electricity distribution network, including Premier Energy, a private company that controls 70 percent of the country's electric distribution grid.
The country produces only about 20 percent of its annual electricity consumption from natural gas-fired combined heat and electricity power plants. Moldova has one hydropower plant, the Costesti Hydropower Plant. Moldavskaya GRES (MGRES) in the separatist region of Transnistria supplies the vast majority of the remaining 80 percent of electricity.
Energy security is a priority for Moldova. International financial institutions, including the World Bank, the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB) finance many projects strengthening Moldova's energy security.
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