Europe
With a power score of 2.32, Moldova ranks number 16 among Emerging Markets and number 4 in the Europe region
Power score
2.32/5
Score over time
2021 - 2024
Moldova has a power score of 2.32, which puts it at rank 16 in the Emerging Markets power ranking. In comparison to 2023, Moldova has improved in the power rankings by 29 places, from rank 45, to rank 16.
At 2.32, the power score of Moldova is worse than than the regional average of NaN in the Europe region and puts it at rank 4 in the region.
Moldova implements policies in 8/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in tariff, Net metering, Import tax incentives, VAT incentives, Priority grid access, and Renewable Energy Certificates.
The average electricity price in Moldova has increased from 108.62 USD/MWh in 2022 to 153.49 USD/MWh in 2023. Since 2017, the average electricity price in Moldova has fluctuated between 94.45 USD/MWh (2021) and 153.49 USD/MWh (2023).
The top amount of capacity installed in Moldova in 2023 was in Natural Gas at 49.77%, down from 61.47% in 2022. The technology with the biggest increase in capacity installed in 2023 was Small-scale PV - residential at 14.6%, up from 5.92% in 2022.
The top amount of electricity generated in Moldova in 2023 was in Natural Gas at 69.71%, down from 72% in 2022. The technology with the biggest increase in electricity generated in 2023 was Small Hydro at 7.93%, up from 4.86% in 2022.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.