• Українською
  • Export of Ukrainian electricity to the EU will allow Ukraine to raise additional funds for the restoration of the energy sector, says German Galushchenko
    Ministry of Energy of Ukraine, posted 31 March 2023 19:02

    The resumption of electricity exports to European countries will allow Ukraine to receive up to USD 70 million in revenues every month.

    This was announced by the Minister of Energy of Ukraine German Galushchenko on the air of the National Telethon Yedyni Novyny (United News).

    "We have gone through the most difficult winter in the history of our country. It has warmed up, electricity consumption in the system has decreased, and we have reserves in the generation. Therefore, we are already considering the issue of opening exports. This will be a highly important resource to support the restoration of the destroyed or damaged energy infrastructure," the Minister emphasized.

    The Minister of Energy noted that today, in accordance with the decision of ENTSO-E, Ukraine has the opportunity to export up to 400 MW, while there is a potential to export larger volumes of electricity. German Galushchenko emphasized that if the situation in the domestic market changes, exports will be stopped and all capacities will be reoriented to Ukrainian consumers.

    The Minister also emphasized that the resumption of exports is a mutually beneficial process: the Ukrainian economy attracts additional financial resources, while Europe reduces its dependence on russian energy resources.

    German Galushchenko also stressed that the EU countries should continue to put pressure on russia in the energy markets, maintain sanctions against the russian energy sector and extend them to the nuclear industry of the aggressor country.

    "Unfortunately, some EU countries are dependent on russian nuclear fuel, and the idea of sanctions is quite painful for them. But we are convincing them that sanctions are necessary right now, with a possible discussion of the timeframe for their entry into force. In general, we feel that there is such support. This issue is being discussed today, and it is being considered in detail," the Energy Minister said.