ENHANCING STABILITY AND TECHNICAL EXPERTISE IN EUROPEAN AND EURASIAN ENERGY MARKETS (ESTEEM)
2024 - 2026 | NARUC
The ESTEEM activity provides technical assistance throughout the Europe and Eurasia region to increase regional cooperation and energy security by providing support to energy regulators. The ESTEEM activity supports Moldova’s National Agency for Energy Regulation (ANRE) to improve its regulatory framework and capacity to address ongoing challenges related to electricity and gas market development, regional integration, monitoring processes, and electricity market coupling.
OBJECTIVES
Although Moldova has made strides in the development of its energy markets, gaps remain with regard to encouraging competitive market conditions, overcoming market barriers to coupling efforts, as well as resolving technical losses in gas distribution networks. The challenges Moldova faces due to the Russian invasion of Ukraine and the ongoing energy crisis in the region have also created a window of opportunity for the Moldovan energy sector to make substantive progress in its energy market reforms.