Transnistria energy storage power prices

Does Transnistria have an economic emergency?

The Transnistrian authorities have introduced “a regime of economic emergency” that drastically reduces electricity and gas consumption. Under normal circumstances, gas-powered electricity generation plants in Transnistria supply most of Moldova’s electricity.

How do Moldova and Transnistria get gas?

Both Moldova and Transnistria receive their gas supply from Gazprom via a transit pipeline through Ukraine. As Russian missile attacks have consistently targeted energy infrastructure in Ukraine, both Moldovan and Transnistrian leaders have voiced their concerns about the sustainability of Russian gas delivery.

What would Transnistria get from Gazprom?

Transnistria would receive all the gas that Gazprom agreed to deliver to the Republic of Moldova. In exchange, Moldova would receive 50 percent of its electricity at 73 USD per MW/h from the Russian-owned Moldavskaia GRES, which generates electricity by burning Russian gas.

How is Transnistria promoting economic growth?

From developing tourism to investing in agriculture, Transnistria has made various attempts to attract more foreign currency and increase the production of local goods. The regime is also promoting fiscal reform with important implications for small businesses.

How much money does Russia give Transnistrian pensioners?

In addition, in a gesture of gratitude for their support, Russia offers an equivalent of 15 USD to all the Transnistrian pensioners as a monthly supplement regardless of their citizenship. However, after the outbreak of the war in Ukraine, Russia has been delaying these payments.

Why is Transnistria facing a reduction in tax revenues?

However, in the face of the conflict between Russia and Ukraine, all major Transnistrian industrial enterprises are halted. The country cannot generate sufficient electricity for the whole Moldovan market. As such, Transnistria is facing a reduction in tax revenues because of the decrease in industrial output.