Ukraine begins to export electricity to Romania

Ukraine begins to export electricity to Romania

Ukrinform
Just three months after the visa-free energy regime was launched, Ukraine began to export electricity towards Europe, namely to Romania.

The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram, an Ukrinform correspondent reports.

“Today, from 01:00 a.m., such exports were launched to Romania. The initial volume is 100 megawatts. The visa-free energy regime with the EU, which has been launched since March 2022, is giving a comprehensive and practical result. During the first day, Ukrenergo National Power Company generated UAH 10 million from the sale of access to the interstate connection,” Shmyhal wrote.

In his words, Ukraine’s electricity export potential towards Europe is up to 2.5 gigawatts. This way the state budget will receive more than UAH 70 billion per annum.

“After Ukraine’s victory in the war, this will allow us to significantly increase investments in the energy sector and renovate it according to the best EU standards. The energy sector will become one of the drivers in recovering our economy, as it has already become a driver of our integration into the EU,” Shmyhal stressed.

A reminder that, on March 16, 2022, Ukraine officially joined the European Network of Transmission System Operators (ENTSO-E).

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