Electricity in Moldova in 2023
Global Ranking:
#144
6.9% #161 Low-carbon electricity
202.46
watts #127 Generation / person
In the year 2023, the southeastern European country, Moldova, generated a total of almost 10 TWh of electricity, entirely from fossil fuels and gas. Currently, Moldova is utterly dependent on these energy sources, overlooking the use of low-carbon energy generation strategies. The per person wattage in Moldova is significantly lesser when compared to the global average of 410 watts per person. These lower levels of electricity generation can lead to negative effects, such as inconveniences in daily life due to power shortage, hindering the growth of business and industries, and an increased dependency on imported electricity.
Suggestions
To address the issue of heavy reliance on fossil fuels and gas, Moldova could take an approach similar to other successful countries that have invested in low-carbon energy generation. For instance, like Ukraine, a country similar to Moldova in terms of economic, geographical, and social factors, they could look into generating electricity through nuclear energy. Alternatively, Moldova could follow the example of other European nations like Spain and Germany that have been successful with wind and solar energy, generating 61 TWh and 55 TWh of electricity, respectively, via these clean energy sources.
History
When it comes to the history of low-carbon electricity in Moldova, it has been in a state of stagnation with practically negligible reliance on hydroelectric power, and no incorporation of other forms of low-carbon energy like nuclear, wind, or solar power. From the early 1990s up until 2023, the country saw only minor fluctuations in the generation of hydroelectric energy, with no evidence of significant increase. While there has been a slight uptick of 0.1 TWh in hydroelectric generation in 2023, these numbers still remain trivial when compared to the potential energy generation from hydro sources. The lack of diversification into other forms of low-carbon energy generation is starkly apparent, reinforcing the urgent need for Moldova to develop a sustainable energy strategy.
Electricity Imports and Exports
Balance of Trade
Maximum Imports
Data Sources