Abstract:
The Republic of Moldova is undergoing an unprecedented energy crisis that is a direct consequence of the level of dependency on imported fossil fuel. In addition, a dated, centralized distribution network further facilitates the risks associated with dependence on imported fuels. The increased use of renewable sources, such as wind and solar, can improve energy security and provide economic competitiveness, but barriers remain in terms of adapting the current grid infrastructure to accommodate intermittent generation and variable energy flows. This paper will explore the potential of upgrading the distribution network of Moldova by using recent developments in technologies, such as real-time data analytics, remote sensing, and AI command-and-control systems for the management of resources, conveying the importance of strategic collaboration of the local government in conjunction with international capital and developers of technology to scale renewables while enhancing the reliability of the grid. By considering the evidence-based approach of targeted legislation, financial incentives, and public-private partnerships, Moldova can support energy independence and continued cost reduction. Overall, the contribution of this paper identifies how integrated planning and smart grids can create sustainable outcomes for economic growth of the Republic of Moldova.