The Romanian power manufacturer Hidroelectrica has signed a contract with Moldova’s Energocom to supply one hundred megawatts from Thursday night (October 13). [EPA-EFE/NEIL HALL]
Romania will cover Moldova’s energy deficit after Ukraine cut off power due to Russia’s bombardment of its grid.
Romanian power maker Hidroelectrica signed a contract with Moldovan Energocom to obtain one hundred megawatts starting Thursday after the Romanian government approved a legislative reform on Wednesday.
The update of the law allows exporting to Moldova under special conditions, Romanian Energy Minister Virgil Popescu said. spot market value in Romania.
Moldova, between Romania and Ukraine, used to import about a third of its energy desires from Ukraine, but recent Russian attacks on Ukrainian infrastructure have led to the disruption of exports.
“The energy purchased from Romania will reach a value below market and cover the 30 percent hole in demand that we will no longer get from Ukraine from October 14,” Deputy Prime Minister Andrei Spinu wrote on Facebook, AFP reported.