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Ukraine ready to resume electricity exports to Europe within one week

The decision on exports will be reconsidered if the situation with the electricity surplus changes for the worse as a result of enemy shelling.

Ukraine ready to resume electricity exports to Europe within one week
Photo: Ukrhidroenergo

Ukraine's electricity exports to European countries can be resumed within a week if there is no significant deterioration in the power system due to shelling, Yuriy Boyko, a member of the Supervisory Board of National Power Company Ukrenergo (Ukrenerho) and advisor to the Prime Minister, said during a telethon.

He noted that some time will pass between the decision and the actual opening of exports, which is necessary for the capacity allocation auction to take place. However, even taking this factor into account, without a significant deterioration in the power system due to enemy attacks, power supplies to Europe will resume within a week.

"My opinion is that this (electricity exports - ed.) could happen within the next seven days. And the fact of opening exports could be tied to a decrease in consumption by domestic consumers. First of all, we are talking about Odesa Region," Boyko explained.

He added that "good news" is expected in Odesa Region soon. However, if the situation with the electricity surplus changes for the worse, the decision on exports will be reconsidered.

There has been no power deficit in the power system for 18 days, and it is not currently forecasted. On Wednesday, 1 March, electricity consumption was at the business day level, Ukrenergo reported.

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