Wholesale Electricity Market Rules and their further implementation

Wholesale Electricity Market Rules and their further implementation National Agency for Energy Regulation 24/09/2020 High Level Policy Talks

New Model of the Moldovan Wholesale Electricity Market On 7 th August 2020 National Agency for Energy Regulation has approved a new version of the Wholesale Electricity Market Rules 24/09/2020 High Level Policy Talks

New Model of the Moldovan Wholesale Electricity Market Transposes the European target model Establishes the requirements regarding the functioning of DAM, IDM, BM, AS and bilateral contracts market Defines new roles for market participants Creates the necessary conditions for the new suppliers to enter the wholesale electricity market and as a result pushing for greater competition Sets the standards for the electricity procurement procedures for universal service suppliers, last resort suppliers and system operators Creates premises for the further coupling of electricity markets 24/09/2020 High Level Policy Talks

New Model of the Moldovan Wholesale Electricity Market October 2021 Entry in force of new market rules with transitional mechanism 1 st January 2021 Entry in force of electricity procurement procedure 24/09/2020 04 03 02 01 High Level Policy Talks Full operational Market segments April 2021 TSO to elaborate and approve necessary procedures and technical framework

Step 1 Electricity procurement procedure Continuous qualification process Different contracting periods Different products that can be traded Increase of competition on the wholesale market segment En. CS could monitor the procurement process for first two years 24/09/2020 High Level Policy Talks

Step 2 TSO’s procedures and technical requirements Network Code amendments Minimal requirements for qualification as a BRP/BSP Framework contracts for BSP/BRP Developing procedures for submission of fixed and daily offers on the balancing market Developing procedures for calculation of supplied balancing energy 24/09/2020 High Level Policy Talks

Step 3 Implementation of electricity market rules with transitional mechanism Market functionalities that will start in October 2021 Transitional mechanism balancing procurement Bilateral contracts for energy Balancing responsibility Capacity allocation Imbalance settlement 24/09/2020 High Level Policy Talks

Step 4 Fully functional Market Designated Market Operator Government decision on lunch of DAM, IDM and BM ANRE decision on lunch of AS 24/09/2020 High Level Policy Talks

Thank you for your attention! 24/09/2020 High Level Policy Talks

www. anre. md +373 22 852 955 +373 22 852 901 anre@anre. md Chișinau, Republic of Moldova str. A. Pușkin 52/A, MD 2005 24/09/2020 High Level Policy Talks