What is Gen2 energy?

Gen2 Energy’s mission is to provide Europe with clean green hydrogen. Gen2 Energy lets renewable energy production companies utilize more of their green power, by creating a new distribution chain via green hydrogen. We are determined to open a new market channel for “trapped” renewable energy to a new European customer base.

Does Moldova have a power system?

Although Moldova is interconnected with Romania, the two systems do not operate in parallel but can function together in island mode (four islands can be created). Romania’s power system is part of ENTSO-E, and Moldova is currently working towards full synchronisation.

Who are the founders of Gen2 energy?

Mr. Råknes has experience as a founder of several IT companies, and he is one of the founders of Gen2 Energy. Mr. Råknes holds a Bachelor’s in Finance and Marketing from the Norwegian Business School BI. Mr. Sjøvold is one of the founders of Gen2 Energy. He is a serial entrepreneur with extensive experience in IT-sector start-ups/scale-ups.

Does Moldova use Russian gas?

Most of Moldova uses European gas. The Russian gas currently flowing through Ukraine is not used by most of Moldova, only the Russian-occupied Transnistria region -- a strip of territory near Ukraine's border. However, a power plant in Transnistria supplies electricity to all of Moldova, so a gas shutoff poses a threat to the entire country.

Will Moldova enter a 60-day state of emergency?

Dec. 13 (UPI) -- Reacting to an expected cut-off in Russian gas supply, Moldova's Parliament Friday voted to enter a 60-day state of emergency.

Why did Moldova switch to European gas before 2022?

Before 2022 Moldova bought all its gas from Russia. Moldova has said Russia is using hybrid tactics like espionage, a coup plot and election interference to destabilize Moldova's government, so the nation switched most of the country to European gas.