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Reasons for Energy Consumers to Be Glad as the EU Association Agreement Is Implemented

Tuesday, 24 February 20156054 views
Reasons for Energy Consumers to Be Glad as the EU Association Agreement Is Implemented

Automatically translated summary. The full article is available in Romanian.

Budgetstories.md has launched a new infographic, “Modernisation of the energy sector after the implementation of the EU Association Agreement”. It shows the opportunities the Agreement offers for modernising the energy sector in the Republic of Moldova, and what ordinary consumers can expect once its provisions are put into practice.

Moldova's energy sector is marked by inefficiency and external dependence: over 96% of energy consumption is imported, compared with just over 40% in the region, and network losses reach 25% of total production, against 7.5% in the EU.

The Agreement requires transposing Energy Community rules, above all the “Third Package”: unbundling of production, transport and distribution of electricity and gas, free choice of suppliers and integration into the EU market. Other provisions include oil reserves equal to 90 days of imports, 20% renewables in total consumption by 2020 and 20% energy savings by 2020. Consumers would be able to choose and switch suppliers, get fair contracts, have disputes resolved quickly, and receive detailed consumption data and energy performance certificates for their homes. The infographic was funded by a US Department of State grant.

View the original article in Romanian