Completion of the Technical Assistance project for the EU budget support Programme for the energy sector of Moldova

Completion of the Technical Assistance project for the EU budget support Programme for the energy sector of Moldova

On 31 March 2015 the Ministry of Economy and the EU-funded project “Technical assistance for the implementation of the Sector Policy Support Programme – Support to reform of the energy sector” (TA-SPSP Energy) co-organised the closing event of the project to discuss past and future reforms in the energy sector of the Republic of Moldova at the Codru Hotel.

The TA-SPSP Energy project has been executed by EXERGIA S.A. (Greece) Consortium since June 2012 and is now nearing its completion. Its main objective was to support the Government, the Ministry of Economy and local institutions to implement significant reforms in the energy sector, aiming at increased security of energy supply, improved energy efficiency and living conditions for the people, and promotion of renewable energy and cogeneration. Achievement of these policy reforms were linked to financial support to state budget, as a grant by EU, up to a maximum of 40 million euro.
During the period of nearly three years of permanent presence in Moldova, the EXERGIA S.A. consultants have been assisting on a day-to day basis the Ministry of Economy and other local institutions across almost the entire spectrum of reforms in the energy sector. With the assistance of the EU project, the Republic of Moldova accomplished almost all of its agreed policy targets in the framework of the Programme and managed to receive 90% of the maximum available funds.
The participants of the event had the opportunity to discuss the conclusions and proposals of the consultant towards implementing the reforms and fulfilling the commitments of the Republic of Moldova as a Contracting Party to the Energy Community Treaty.

Mr. G. Georgocostas, the team leader of the TA-SPSP Energy, observed:
“Our priority was to establish the necessary legal bases for the reforms in the energy sector, carry out background studies, increase capacity and build institutions such as the Energy Efficiency Fund. The challenge for the future is the implementation of these reforms in practice. The experience from EU countries shows that this is a very difficult, demanding and time consuming task. It will require that all available resources and donors’ assistance are utilised in the most optimal way. Everyone has to undertake his or her own responsibilities in this common effort. First and foremost, the political leadership of the country must demonstrate their true political will.”

All stakeholders and the donors’ community recognise the recent progress of Moldova in reforming its energy sector and appreciate the significant contribution of the EU project in these achievements. However, these efforts must be sustained, as more remains to be done in continuing to align the legislation and practices to the European standards and to modernise the energy systems for the benefit of the citizens and energy consumers.

For more information
Delegation of the EU to Moldova: http://eeas.europa.eu/delegations/moldova/index_en.htm

Last update: 24 April 2015