How can Moldova improve the energy sector?

National regulatory framework (both primary and secondary) improved in line with Moldovan energy commitments, ensuring that national authorities are better prepared and can respond to emergency situations in the energy sector and to the needs of the most vulnerable energy users;

What happened to Moldova's electricity supply in 2022?

In November 2022 the power station located in Transnistra which produced electricity from Russian gas ceased supplying Moldova with electricity. Electricity was imported from Romania, albeit at a higher cost, helped by a grant from the EU of €200m.

How does Moldova's energy crisis affect the public finances?

This have put significant pressures on the public finances and the most vulnerable citizens’ ability to afford gas over the winter (60% of Moldova’s population live in energy poverty, spending more than 10% of their budgets on energy bills).

Does greenvolt have a Bess project in Portugal?

Greenvolt and Galp have both deployed 5MW BESS projects in Portugal in the past. In eastern Europe, Moldova is in the process of completing a bidding process for the procurement of a 75MW BESS and 22MW internal combustion engine (ICE) project, called the Moldova Energy Security Project (MESA).

Does Portugal support battery energy storage projects?

Portugal has awarded grant support to around 500MW of battery energy storage system (BESS) projects, using EU Recovery and Resilience Plan (RRP) funding, a bloc-wide scheme that has supported energy storage across the continent.