The operational procedures for the energy exchange managed by OPEM, a subsidiary of OPCOM Romania, have been approved by the National Energy Regulatory Agency (ANRE).

This includes the Procedure for the Registration, Suspension, and Withdrawal of Participants in the organized electricity markets (Day-Ahead Market - DAM and Intraday Market - IDM). The procedure defines the conditions under which entities can participate in the market, outlining mechanisms for admission, suspension, and withdrawal.

Two additional operational procedures have been approved concerning the operation of the Day-Ahead Market (DAM) and the Intraday Market (IDM). These procedures establish the rules for price formation and short-term electricity trading mechanisms. They ensure a transparent and competitive framework for buying and selling electricity while allowing real-time adjustments to participants' energy portfolios, contributing to greater flexibility and efficiency in the energy system.

"Operatorul Pieței de Energie M" SRL (OPEM), a subsidiary of Romania’s OPCOM, was designated as the operator of Moldova's electricity market by a Government decision in early 2024.

"OPEM will support the efficient functioning of the electricity market and enhance investor confidence. Furthermore, the operator will promote transparency and competition in the energy market by enforcing fair and equitable rules, leading to more competitive prices for consumers," stated Secretary of State Constantin Borosan.

It is worth recalling that in March 2022, Moldova and Ukraine synchronized their energy systems with the continental ENTSO-E grid. Coupling energy markets, alongside the construction of new power lines, will enable integration into the European energy market.

According to the Law on Electricity, Moldova's electricity market consists of bilateral contract markets and organized electricity markets (including the Day-Ahead Market - DAM, the Intraday Market - IDM, the balancing energy market, and system services market). Currently, 84 companies in Moldova hold licenses to supply electricity, but only two operate in the competitive market, with market shares of 0.14% and 0.34%, respectively. Following the launch of OPEM, the share of the free electricity market is expected to increase significantly.