Business news from Ukraine

UKRENERGO AND MOLDELECTRICA SIGN AGREEMENT

14 December , 2018  

National energy company Ukrenergo and Moldelectrica have signed the operation agreement on the creation of a regulating unit as part of the power grids, which contains general technological aspects, provisions and technical conditions for ensuring synchronous operation of the Ukrainian and Moldovan power grids and fully meets the requirements and rules of the European Network of Transmission System Operators for Electricity (ENTSO- Е).
“The agreement regulates and ensures the synchronous operation of the power girds of Ukraine and Moldova, and in the future it will ensure the synchronous operation of the ENTSO-E power system of the continental Europe,” the company said, citing Ukrenergo’s Deputy CEO for Operational Management, Chief Dispatcher Vitaliy Zaichenko in the report.
According to him, the document approved all the required technological conditions in accordance with European rules and standards to regulate the frequency and power capacity within the power grids of Ukraine and Moldova.
Ukrenergo said that a procedure has also been developed for a quick amendment of the agreement required at the moment of the integration of power grids into ENTSO-E.
In addition, the parties agreed on a quarterly monitoring of the implementation of the agreement.
Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country’s integrated power grids. Ukrenergo is a state-owned enterprise under Ukraine’s Ministry of Energy and Coal Industry, but it will be transformed into a private joint-stock company soon.

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