Ukraine is increasing opportunities for electricity exports. What is the benefit
1 May 16:56
The maximum capacity of electricity exports from Ukraine and Moldova to the EU has been increased to 650 MW. This was announced by the Minister of Energy of Ukraine Herman Galushchenko, "Komersant Ukrainian" reports.
He recalled that from March 2024 to the present, the maximum capacity of electricity exports from Ukraine and Moldova was set at 550 MW. As the minister explained, every spring, exports increase, while imports decrease.
What are the benefits of increased exports?
First, strengthening integration with the European energy system is one of the priorities of the Ukrainian energy sector.
Secondly, increasing the maximum export capacity is positive for Ukraine as an additional opportunity to balance the power system without limiting generation.
Thirdly, it is an opportunity to generate additional income from foreign trade and fill the state budget.
Energy Minister Herman Halushchenko reminded that Ukraine is currently trading electricity with all its neighboring European countries – Slovakia, Romania, Hungary, Poland and Moldova.
Ukraine increased electricity exports in April
Between April 21 and April 27, Ukraine significantly increased its electricity exports. According to DiXi Group, compared to the previous week, the growth was 81% and reached 63.6 thousand MWh.
37% (23.9 thousand MWh) went to Hungary;
35% (22.1 thousand MWh) – to Moldova;
16% (10.1 thousand MWh) – to Romania;
12% (7.5 thousand MWh) – to Slovakia.
Export volumes increased by 75-100% in all directions compared to the previous week.
Deliveries to Poland have been absent for more than a month – the last export was recorded on March 16.
At the same time, imports decreased by 57% and amounted to 11.5 thousand MWh. purchases from all directions decreased by 32-68%. As a result, exports exceeded imports by 5.5 times over the week.
The day before, the IAEA reported that three out of nine reactors at three operating Ukrainian nuclear power plants – Khmelnytsky, Rivne and South Ukrainian – were shut down. They are undergoing maintenance and fuel refueling.
Earlier, Energoatom stated that it plans to continue the practice of reducing the timeframe for the repair campaign at Ukrainian NPPs this year, as it was last year.
