October 15, 2024
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HomeSEE Energy NewsRomania: Energocom to purchase electricity from Cernavoda nuclear power plant

Romania: Energocom to purchase electricity from Cernavoda nuclear power plant

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Moldovan public energy supplier Energocom has announced that starting in October, it will purchase 10 MW of electricity from Romania’s Cernavoda nuclear power plant at a price of €80 per MWh.

Energocom has reserved part of its monthly capacity for October to acquire electricity from Nuclearelectrica, the operator of NPP Cernavoda. The procurement process included submitting a bank guarantee and participating in an auction organized by Romania’s transmission system operator, Transelectrica, where Energocom’s bid was selected as the best.

The company will procure 10 MW of capacity continuously throughout October, with potential increases in the following months based on internal demand.

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Last year, Energocom and Nuclearelectrica signed a Memorandum of Understanding to explore options for Moldova to receive electricity from units 3 and 4 of NPP Cernavoda, which are expected to become operational in the coming years. Energocom had previously purchased electricity from Nuclearelectrica from October 2022 to April 2023.

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