Business news from Ukraine

Business news from Ukraine

Electricity exports from Ukraine to Europe increased 555 times

2 October , 2023  

Electricity exports from Ukraine to Europe increased 555 times in September, while imports decreased almost five times, according to the website of the network of transmission system operators of Continental Europe ENTSO-E.

According to the calculations of Energoreforma, according to these data, exports were carried out to Slovakia and Moldova in the amount of 66.7 thousand MWh and 44.36 thousand MWh, respectively, amounting to a total of 111.06 MWh.

As reported, last month, due to a significant capacity deficit with a significant demand for electricity due to the heat wave, Ukraine was unable to export, as a result of which exports took place only on August 27, in the amount of 0.2 thousand MWh to Slovakia and 0.004 MWh to Moldova.

At the same time, electricity imports in September, also from Slovakia and Moldova, amounted to 23.82 thousand MWh, compared to 115.6 thousand MWh in August. Slovakia supplied 18.38 thousand MWh, and Moldova – 5.44 thousand MWh.

As a result, electricity exports exceeded imports by 4.6 times.

As a rule, exports were carried out at night and during the day (reduced consumption at night, increased production of electricity from renewable energy sources during the day), and imports mainly helped to cover the growth in consumption in the late afternoon.

As reported, in August, Ukrenergo was forced to use emergency assistance from Romania and Poland to cover demand, the volume of which was unprecedented – it was used for a third of the month, and its total volume amounted to almost 19 thousand MWh (in July it was only 1.2 thousand MWh).

In July, electricity exports amounted to 0.804 thousand MWh, imports – 73.298 thousand MWh, in June – 5.98 thousand MWh and 39.5 thousand MWh, respectively.