Ukraine resuming electricity exports - Energy Ministry

Ukraine resuming electricity exports - Energy Ministry

Ukrinform
Ukraine’s Energy Minister German Galushchenko signed an executive document greenlighting the process of resuming electricity exports amid the surplus of generating capacity.

That’s according to the Ministry’s press service, Ukrinform reports.

"The Ukrainian power system has been operating for almost two months without consumer restrictions, with a capacity reserve. We achieved this result thanks to the titanic work of our power engineers and our international partners, who helped restore the system. The most difficult winter has passed. The next step is the opening of electricity export, which will allow us to attract additional financial resources for the necessary reconstruction of energy infrastructure that’s been destroyed or damaged," Galushchenko noted.

According to the Ministry of Energy, the export capacity allowed by the European network of transmission system operators, ENTSO-E, stands at 400 MW. However, actual export volumes may fluctuate depending on the time of day and market conditions.

At the same time, Galushchenko emphasized that covering domestic demand remains a priority.

"Providing electricity to our consumers is an absolute priority. Therefore, electricity will be exported on the condition that Ukrainian consumers are supplied with electricity. Exports may cease if anything changes," minister said.

According to the energy chief, the increase in generation and the reopening of exports is the response of Ukrainian energy companies to Russian shelling and attempts to destroy the power system.

As reported, Ukraine exported electricity to Moldova and EU member states from June to October 11 last year. Throughout this period, Ukraine sold electricity in a volume of 2.6 billion kWh.

Given that the exporters were assigned special responsibilities to ensure stable supplies to Ukrainian households, UAH 2.8 billion was paid from the exporters’ profits to support the “preferential price” for the population.

Since October 11, 2022, Ukraine has stopped exporting electricity due to Russia’s systematic missile strikes targeting energy facilities across the country.

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