Moldova Gas & Power Market Access
Moldova Gas Market Access
What is the lead time to begin trading in the Moldova's gas market?
2-4 months
What are the minimum financial resource requirements to trade the Moldovan gas market?
51.000 EUR
When is a license required in Moldova’s gas market?
Natural gas trading in Moldova’s gas market requires either a supply or trading license from ANRE.
What is the validity of a gas trading licence?
ARNE issues gas trading licenses up to 10 years validity. Gas supply, distribution, transmission, production and storage licences are issued for a maximum 25 year validity.
What are the licensing requirements to enter the Moldovan gas market for EU and non-EU firms?
All entities (EU/Non-EU) must establish a local legal entity (a subsidiary) in Moldova to obtain a license (establishing a branch is not accepted).
Note all licensing procedures in Moldova are conducted in the Romanian language, with all application forms being available only in Romanian. All documents required as part of the licensing process also need to be provided in Romanian certified translation.
Are there any additional requirements to participate in Moldova’s gas market?
Additionally, license holders must satisfy specific conditions, including the provision of a financial guarantee such as a cash deposit, a bank guarantee, or an advance payment of transmission fees in favor of Vestmoldtransgaz LLC, to cover the risk of non-payment of any negative imbalance charges invoiced by the TSO.
Is there an application fee for the Moldovan gas trading license?
Yes, as of 2025, the ANRE licensing fee is 170 EURO.
What are the capital requirements to trade in Hungary’s gas market?
Collateral requirements are dependent upon the expected transaction volumes, however the minimum required amount is Euro 287,500 as of 2025.
Is there an annual licence fee for the Moldovan gas supply license?
By law the licence fee is capped at a maximum 0,3% of turnover in Moldova. In 2025, the regulatory payment was set at 0.2% for license holders in the gas sector in Moldova.
How is capacity allocated at interconnection points (IP) in Moldova?
Capacity at IP in Moldova is allocated via the Regional Booking Platform (RBP), in accordance with the EU CAM Network Code.
Where is Moldova’s gas market traded?
In 2022, ANRE authorized the natural gas trading platform operated by BRM EST, which is a subsidiary of BRM in Romania. Trading of natural on the wholesale gas markets in Moldova may be performed on the platform, transactions can be initiated and carried out on:
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The Gas Forward Market (since 2023);
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SPOT market (since 2024) – day-ahead and intraday;
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The OTC (over-the-counter) bilateral contract market (since 2024).
There are currently over 40 registered participants on the wholesale gas markets operated by BRM.
Moldova Power Market Access
When is a license required in Moldova’s power market?
Power trading in Moldova requires a license from ANRE. Separate licenses are available for wholesale trading and end-supply.
What are the licencing requirements to enter the Hungarian power market?
Shippers are required to obtain a license to trade electricity in Hungary and through the Hungarian transmission system
Is it possible to supply end consumers with electricity in Moldova?
Even though formally the market is liberalised on the end-supply market, a Public Service Obligation (PSO) is in force, through which the central electricity supplier Energocom imports all the electricity necessary for all consumers in Moldova, and then re-sells it to end-consumer suppliers. The Public Service Obligation imposed on Energocom through Government Decision 1059/2023 (as amended) , including the off-take to end-consumer suppliers, is in force until 31.12.2026.
It is, however, allowed to supply electricity on the competitive market, to both household and industrial users.
Wholesale traders are allowed to operate with no restrictions.
What are the licensing requirements to enter the Moldovan Power market for EU and Non-EU firms?
All entities (EU/Non-EU) must establish a local legal entity (a subsidiary) in Moldova to obtain a license (establishing a branch is not sufficient).
All applications must be submitted exclusively in Romanian, and all documents required also need to be provided in Romanian certified translation.
Are there any additional requirements to participate in Moldova’s power market?
Supply license holders must maintain customer information centres and comply with reporting duties via an annual report.
Wholesale traders are exempt from the obligations applicable to end-customer suppliers.
How long is a electricity trading or supply licence valid for in Moldova?Is there an application fee for issuing the license?
Electricity Trading and supply licences are issued with a maximum validity of 10 years.
Is there an annual licence fee for the Moldovan electricity trading license?
By law the licence fee is capped at a maximum 0.3% of turnover in Moldova.
Which entities operate Moldova’s power grid?
Moldova’s power grid is operated by TSO Moldelectrica, with the Balancing and Ancillary Services market currently under development.
Where is Moldova’s power market traded?
OPEM was designated as Nominated Electricity Market Operator in 2024 by the Government of Moldova, and is responsible for organizing and operating the market, ensuring participant registration and the processing of transactions, in a manner similar to the European model of the day-ahead market, offering participants the opportunity to buy and sell electricity at prices set daily for each hourly interval, depending on supply and demand.
OPEM launched the spot electricity market (day-ahead and intraday) in December 2025.
Correggio Consulting Market Access Services
At Correggio Consulting, we offer a range of specialist services rooted in a profound understanding of the energy industry. Our service is underpinned by an extensive knowledge and experience of European and global markets at all levels of the value chain.
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