Challenges of the energy transition in maintaining the energy system security and continuity

Abstract

Accelerating the transition to a competitive economy with low carbon emissions represents both an urgent need and an enormous opportunity for the Republic of Moldova. This is the primary challenge of our times. Failure could endanger our prosperity and well-being. The success will provide unprecedented economic opportunities and new paths to prosperity, well-being and growth. More important is that the transition to a low-carbon, energy-efficient and climate resilient economy requires a more decentralized and open system, which involves the whole resilient society.