The Minister for Energy of Ukraine, Herman Halushchenko, and the Minister for Climate and Environment of Poland, Anna Moskwa, signed a Memorandum of Intent on cooperation in the energy area.
The Ministry of Energy reported this information.
The document was signed to increase energy security in Central and Eastern Europe and refuse russian energy supplies.
The document states that the parties support further integration of Ukraine into the European energy market and the reformation of Ukraine's energy markets according to European principles to accelerate the unification of the electricity and gas markets of both countries. Poland supports Ukraine's intention to become a full member of ENTSO-E.
The states agreed to take joint measures to develop cross-border trade in electricity.
Thus, the memorandum states the intention to restore the interstate aerial line between Ukraine and Poland and to make it work at a voltage of 400 kV as soon as possible.
Interconnector's restoration will contribute to the security of the Ukrainian power system and the power systems of European countries and significantly increase the opportunities for electricity exchange between Poland and Ukraine. Furthermore, the parties agreed to develop market rules for calculation and capacity allocation.
"The functioning of the interstate aerial line between Ukraine and Poland will increase the stability of our connection with the energy systems of the ENTSO-E countries and promote further synchronization and integration of energy markets. Furthermore, launching it will potentially allow Ukraine to increase electricity exports to Poland by up to 1 GW. In its turn, this will help Poland replace russian gas and coal significantly. I am grateful to our Polish friends for their constant and complete support," - said Herman Halushchenko.
"Ukrhydroenergo" press service reports that Ukraine will export electricity to Moldova.