Business news from Ukraine

EUROPEAN COMMISSIONER FOR ENERGY: EXPORT OF UKRAINIAN ELECTRICITY HAS POSITIVE EFFECT ON POLAND

1 April , 2022  

European Commissioner for Energy Kadri Simson believes that the export of electricity from Ukraine has a positive effect on Poland, the Energy Ministry said.

“Kadri Simson stressed that Ukraine, after synchronization, is already becoming an important factor in the reliable operation of the European energy system. She noted that the auctions launched for the export of electricity from Ukraine to Poland had a very positive effect on the energy supply of the latter,” the ministry said in a statement following an online meeting with European Commissioner for Energy Minister German Galushchenko on Thursday.

According to the release, the parties also discussed issues of compliance with the nuclear safety of Ukraine and Europe in the context of the visit of IAEA Director General Rafael Grossi to Ukraine.

Galushchenko, referred to by the press service of the ministry, during the meeting noted that the head of the IAEA recognizes Ukraine’s significant potential in nuclear energy.

At the same time, the minister pointed out that the presence of Russian troops at nuclear facilities not only threatens nuclear safety, but can also cross out the prospects for the development of the Ukrainian nuclear industry.

In addition, the head of the Ministry of Energy once again emphasized that Ukraine can help European countries “jump off the hook” of Russian fossil fuels, in particular by providing its underground gas storage facilities and electricity supplies.

“Coordination of the position of Ukraine and Europe is very important for ensuring nuclear and energy security,” Galushchenko stressed.

As reported, NPC “Ukrenergo” on March 28 began holding auctions for access to interstate cross-sections for the export of electricity to Poland.

Prior to this, all import-export auctions were stopped due to the entry of the Ukrainian energy system into an isolated mode from February 24. The unification of the energy systems of Ukraine and Europe took place on March 16, after which work began on the resumption of the commercial exchange of electricity. Other destinations are not yet open.

Export to Poland starts from March 30th. All the capacity offered at daily auctions for March 30-April 2 was bought by DTEK group companies – D.Trading LLC 210 MW on March 30, DTEK Zakhidenergo JSC 210 MW on March 31 and 190 MW each on April 1 and 2.

According to the data on the ENTSO-E website, physical exports were carried out on March 30 at 210 MWh, except for the first three hours of the day, when deliveries were 70 MWh, 100 MWh and 200 MWh, on March 31 – at 210 MWh -h all day, and on April 1, deliveries of 190 MWh are planned all day, there are no data for April 2.

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