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Ukraine will sell electricity to Europe, says Ukrenergo

On April 10, 2023, Ukrenergo held the first bidding to distribute the capacity of interstate grids to export electricity to Moldova on April 11.

As a result of the bidding, 51% of the total available grid capacity in this direction (330 out of 650 MW) was distributed among the four participants.

Ukrenergo reported that, in view of the war in Ukraine and related risks, access to interstate connections is currently distributed through daily bidding for short-term use only.

Therefore, Ukraine has resumed the sale of electricity to Europe for the first time since October 10, 2022. Meanwhile, the exports are conditioned on the availability of surplus power and can be stopped if the situation changes.

Quote"In addition, the bidding to distribute the 80 MW capacity of the interstate connection in the direction of Poland for April 12 will be held on April 10. The possibility of opening the exports to Slovakia is also being arranged," the report says.

The decision to resume the sale of Ukrainian electricity to Europe was earlier adopted by the ministry of energy.

Quote"The provision of electricity to our consumers is an unconditional priority. Therefore, the exports of electricity will take place on condition that the supply of power to Ukrainian consumers is secured and can be stopped if the situation changes," said German Galushchenko, the minister of energy of Ukraine.

The maximum export capacity permitted by the European Network of Transmission System Operators (ENTSO-E) is 400 MW. However, actual export capacities can fluctuate depending on the time of day and market conditions.

As was reported earlier, the energy committee of the Verkhovna Rada stated that the income from the sale of electricity is critical for the country, and therefore, the export ban should be lifted.

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