Prime Minister voiced advantages of integrating Ukraine's energy system into ENTSO-E

The connection of the unified Ukrainian energy system to ENTSO-E is a free visa regime in the energy domain, which opens up new opportunities for Ukraine and brings it closer to Europe. This was stated by Prime Minister Denys Shmyhal in a statement at the event "Ukraine's integration into ENTSO-E: on the cusp of energy independence", which took place on October 11 within the framework of the 23rd Ukraine-EU Summit.

"In our view, joining Europe's energy system is a very practical step. Our colleagues from the World Bank estimate that the economic benefits of Ukraine's UES synchronization with ENTSO-E amount to $1.5 billion per annum," the Prime Minister said.

The Prime Minister also highlighted five fundamental benefits of integration into the European power grid:

• Energy independence and security

• Transparency and demonopolization

• Export opportunities,

• Decarbonization

• Upgrading outdated infrastructure and developing new technologies, including energy storage.

Denys Shmyhal stressed that Ukraine advances with confidence towards ENTSO-E integration and counts on the EU's political support in this process.