European integration: Ukraine exports electricity to the EU
The European energy system ENTSO-E has decided to officially start on June 30 commercial electricity exports from Ukraine to Europe with an initial volume of 100 MW.
This was announced by the employees of the Minister of Energy Herman Galushchenko, the press service of the transmission system operator Ukrenergo.
As Ukrenergo added, on June 27, the operators of the continental European transmission system (TSO) ENTSO-E acknowledged that Ukrenergo, together with the operators of Romania, Slovakia and Hungary, had fulfilled all the necessary requirements for this technical precondition.
Galushchenko achieves that volumes are increasing in estimates, the monthly action of ENTSO-E affects the European energy system.
“Technically, our power system can now support up to 1,690 MW of capacity for export. After the implementation of technical measures, the capacity for the sale of electricity abroad can reach 4-5 GW,” said the Minister.
At the same time, only crossings in the direction of Romania are distributed. The first auction today for the distribution of capacity to Romania is held on June 28 from the date of delivery on June 30.
Under it, all generating companies have equal access to export trade in electricity. Galushchenko reminded that the increase in energy exports will bring what is needed to stabilize the financial energy market.
“European countries, which in turn survive, provide a more stable energy supply and, solving this, for Russia’s energy resources,” he summed up.
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Ukraine hope to get 1.5 billion euros from electricity exports by the end of the year and earn even more in Europe after receiving the right to export to the EU.
The Ministry of Energy estimated that the export of electricity from Ukraine can to fill 17% of Russian gas exports to the European Union.
Accession of the United Energy System (UES) of Ukraine to the UES of Continental Europe ENTSO-E allowed the participants of the energy market to supply electricity to the EU. Prior to that, only Burshtyn Island had a monopoly on exports.
Currently, exports are still limited and only to Poland. From March 30 in this direction supplied about 200 MW per product.