The electricity market in the Republic of Moldova has very high prices, but this context can stimulate industrial consumers to conclude long-term contracts with producers, said Nicolas Plesea, Managing Director of Adrem Asset Management, at the conference “Regional approach: Chisinau 2025”, organised by Energynomics.

“I have noticed that lately there has been more and more talk about very high energy prices. Obviously, capital is speculative, and if we don’t understand this, we won’t have investors. At times when the price of energy is very high, you will see that all the big consumers will want to enter into contracts for as long a term as possible. When the price goes down, nobody can sign such contracts,” he explained.

Government support is essential and investors need a predictable environment. This is not necessarily about the price, but rather about the legislative framework and the way investors get their approvals, the level of digitalization of the network and the existence of a functioning market.

“I don’t think anyone is looking, at the end of the day, to recoup their investment in three or five years, because that would mean the market is not functioning. Of course, a non-functional market also means an extremely low energy price,” Plesea added.

The conference “Regional Approach Chisinau 2025” was organised by Energynomics with the support of our partners Elektra Renewable Support, Adrem Asset Management, Boglight Gaz Moldova, Siemens Energy, Simtel, SolaX Power, SolarToday.