HomeMediaLatest NewsRussia launched missile strikes on Ukraine's infrastructure. The attack affected neighboring countries

Russia launched missile strikes on Ukraine's infrastructure. The attack affected neighboring countries

15 November 2022

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department
Тема: Energy

Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance, commented to Business FM on failures in the operation of the energy systems of Ukraine and Moldova.

In addition to emergency power outages in Ukraine, the light also disappeared in some parts of Moldova. An automatic power outage occurred along the line of the unified energy system "Ukraine-Moldova-Europe". Now electricity supply in Moldova has been restored. Now local authorities will have to figure out how to avoid such scenarios in the future.

Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance, discusses possible options:

“As far as I understand, there was a system shutdown. The shutdown is due to the fact that due to strikes on the Ukrainian energy system, an emergency shutdown occurred in a number of Ukrainian regions. Following this, the Moldovan energy system also fell. This was actually an expected development, because the Moldovan energy system is now forced to rely on flows from Ukraine. Since electricity generation at the Moldavskaya GRES, which has long been the main source of electricity for Moldova, is located in Transnistria, it has sharply decreased after the reduction in supplies by Gazprom. We did not observe a sharp change in electricity demand in Moldova or other factors that could explain this accident, such as a problem with equipment. In my opinion, this is due solely to the situation in the Ukrainian energy system. Probably, for the Moldovan authorities, this is now turning into a systemic problem, because if these shutdowns are repeated, then this can threaten both the Moldovan economy and the Moldovan energy sector with serious consequences. The first possibility is to conclude agreements with Romania to receive emergency assistance in such cases or to increase the flow of electricity from Romania. The second option is to increase the flow of electricity from Pridnestrovie. With a high probability, Gazprom will still not increase supplies via this route. And the third option - with a high probability, the Moldovan authorities will now try to provide critical infrastructure facilities, primarily hospitals, social facilities, with backup power supply, generators, diesel generators. Perhaps, in some cases, it makes sense to consider the possibility of purchasing large generators for companies from the commercial sector.”

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department
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