President of the European Commission Ursula von der Leyen announced the integration of the energy markets of Ukraine and Moldova into the European market by the end of next year.
“The European Commission has prepared an ambitious energy security package. The goal is to guarantee a sustainable, secure and competitive energy system for Ukraine,” she said on Monday in Kyiv, speaking at the Support Ukraine plenary session.
According to von der Leyen, during this winter, Europe provided Ukraine with 1.8 GW of electricity. “But now we will fully integrate the Ukrainian and Moldovan electricity markets into our European one by the end of next year. And we will use a potential volume of 80% of all gas reserves, which will help create profitability. All this will increase the energy security of both the European Union and Ukraine,” the President of the European Commission said.
