Moldova is dependent on energy imports for over 95% of its consumption. The country offers an interesting potential for the development of renewable energy and energy efficiency: its energy intensity is around 3 times higher than in the EU and the use of renewable energy is still limited. In 2001, the Technical University of the Republic of Moldova conducted a research project with the goal to establish the Wind Atlas of Moldova. The results of this study show that there are favourable zones for wind installations, with wind speed equal or exceeding 7 m/s at 50 m above ground. The overall wind potential is estimated to be 1,000 MW, while the Energy Strategy 2020, foresees an installed wind capacity of about 26-34 MW in 2015, capable of generating 89 - 111 GWh.
Moldova has a well-elaborated National Energy Strategy to 2030, updated in 2013. It also approved the the National Renewable Energy Action Plan (NREAP) 2013-2020 in the same year. Moldova is currently transposing the EU Acquis into its national legislation, as it prepares its integration into the European energy market as a member of the Energy Community Treaty. As a net energy importer, Moldova focuses on reducing import dependency by increasing generation. Moldova’s energy targets to 2020 are closely aligned to the requirements under the Energy Community Treaty. Moldova became a contracting party to the Energy Community Treaty in 2009, and it launched negotiations on a Deep and Comprehensive Free Trade Area (DCFTA) with the European Union in 2012. In June 2014, Moldova signed the Association Agreement with the European Union.
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources and connecting to the European power infrastructure and power infrastructure of Commonwealth Independent States (CIS).
- Snapshot of the country’s renewable and wind power sector across parameters - country overview, current power and wind power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed wind power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of wind power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. wind) and nuclear
- Data on key issues witnessed in the Moldova wind power sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s wind power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 MOLDOVA WIND POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Wind Power Market in Moldova
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Wind Power Capacity and Revenue
3.6 Annual Installed Wind Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Wind Resource Map of Moldova
Chart 2: Share of Wind Power from Total Installed Power Generation Capacity in Moldova in 2016
Chart 3: Moldova Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 4: Moldova Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 5: Structure of Electricity Power Market in Moldova
Chart 6: Cumulative (CAGR) Installed Capacity of Wind Power Plants in Moldova (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Wind Power Plants in Moldova (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Wind Power Plants in Moldova (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Wind Power Plants in Moldova (in Millions USD) 2012 ÷ 2017, including forecast