The energy crisis is knocking at the door! Possible scenarios after December 16, announced by Parlicov

Former Energy Minister Victor Parlicov stated that he expects natural gas deliveries to continue in a reduced form to the left bank of the Nistru River but warns that these volumes may be insufficient for generating electricity for the right bank.

“I am sure they will deliver some gas. I don’t think they will completely stop methane deliveries. I believe they will reduce volumes to cover social consumption on the left bank but without enough gas for electricity production on the right bank. It seems to be the most realistic scenario. The answer will come after December 16, when Gazprom must announce the reservation of monthly gas capacities,” said Parlicov in a Ziarul de Garda podcast.

Parlicov mentioned that the energy Chisinau will purchase will be more expensive.

“No one can predict the price of energy on international markets in Hungary, Romania, or Bulgaria if consumption suddenly rises and we need additional electricity,” Parlicov pointed out.

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Currently, the Republic of Moldova buys most of its energy from Cuciurgan at $66 per MWh. However, if Cuciurgan stops the deliveries, Chisinau will have to buy energy from the market at twice the price. Estimates show that acquiring energy from external markets at around €150/MWh could increase the final consumer tariff by up to 50%. It would mean an estimated tariff of approximately 3.50 RON/kWh, compared to the current average tariff of 2.50 RON/kWh.

Starting January 1, 2025, Ukraine will cease the transit of Russian gas through its territory, a decision that will have a direct impact on the Republic of Moldova. The main issue concerns the Cuciurgan power plant, which produces electricity using Russian gas supplied for free.

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