The Ministry of Energy expects the European network ENTSO-E to expand its electricity import and export opportunities between Ukraine and the EU as soon as possible.
Ukraine has informed the European Union that it is ready to resume electricity exports, which were halted by Russia’s missile attacks on the Ukrainian energy system. This was reported by the press service of the Ministry of Energy.
It is noted that the Minister of Energy, German Galushchenko, is currently in Brussels. He informed Maros Sefcovic, Vice President of the European Commission, that he is ready to resume electricity exports.
“The situation regarding electricity generation in Ukraine has stabilized, there are spare capacities that allow to export electricity to European countries,” the statement said.
The Ukrainian ministry expects the European network ENTSO-E to expand the electricity import and export opportunities between our country and the European Union as soon as possible.
“Export revenues will help energy companies that suffered serious losses as a result of the Russian attacks to stabilize their finances and prepare for the next heating season,” the Energy Ministry said.
How much did Ukraine earn from electricity supply to Europe?
We were given electricity to Europe for the first time in July 2022. Until October 2022, when the first major blow to the energy infrastructure was struck, Ukraine earned $113.4 million in revenue from electricity exports, compared to just $26.36 million a year ago.
- From January to October, revenue increased $326.9 million, or 2.5 times.
- Compared to the same period of 2021, it increased to $542,514 million.
By the way, it was learned that on February 16, 2023, the European energy association ENTSO-E decided to increase the technical possibility of importing electricity to Ukraine. 700 megawatts at any given time.
Recall that since the autumn of last year, the Russian Federation has carried out more than 15 large missile attacks on the energy infrastructure of Ukraine, another 18 attacks were carried out using kamikaze drones. According to the Ukrainian government, as of December last year, about 50% of the energy system was damaged or destroyed. Russian missiles hit all thermal power plants and most hydroelectric power stations.
Source: Focus
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