On 2 December, EU4ENERGY brought together key electricity stakeholders in Moldova to discuss how the country can participate in the European inter-transmission system operator compensation (ITC) mechanism in order to take full advantage of the synchronization of its power system with Continental Europe and transpose and implement Regulation (EU) 838/2010 as required under its membership of the Energy Community. The successful joining of the ITC Mechanism will bring the country’s transmission system operator closer to European ENTSO-E standards and advance market integration with the European Union.
The ITC mechanism establishes a basis for fair compensation to transmission system operators for the costs of making infrastructure available to host cross-border flows of electricity and for energy losses resulting from hosting cross-border flows of electricity. Implementation of Regulation (EU) 838/2010 will create the legal basis for the Moldovan transmission system operator, SE “Moldelectrica”, to participate in the ITC mechanism and create a level playing field for cross-border electricity trades through the interconnections with other ITC parties (EU and Energy Community transmission system operators) due to abolishment of additional charges for export/import. Further steps in order to join the ITC mechanism are the certification of the transmission system operator and a cross-border capacity allocation process that is compliant with Guidelines on the management and allocation of available transfer capacity of interconnections.
The meeting brought together representatives of Moldovan institutions: the energy regulator ANRE and Moldelectrica, the EU Delegation to Moldova and the Energy Community Secretariat
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The EU4Energy Governance Project is co-funded by the European Union and implemented by the Energy Community Secretariat.