The European Union plans to double the import of electricity from Ukraine

European Energy Commissioner Kadri Simpson said representatives of the European Transmission System Operators Network will meet this week to decide on a doubling of supplies from Ukraine.

“The current volume of cross-border electricity supply (from Ukraine) is at the level of 100 megawatts. Representatives of the European network of transmission system operators will meet this week to decide on doubling this volume,” Simson said at a press conference on Tuesday.

The European Commissioner explained that such a decision could come into force immediately after the conclusion of the agreement.

Simpson added that the increase in electricity supplies will allow Ukraine to receive additional revenues to offset the consequences of the conflict, and for the European Union will provide additional electricity at reasonable prices at a time when prices are especially high.

As European Commissioner for Economics Paolo Gentiloni noted earlier, prices for “blue fuel” in Europe at the end of June were six times higher than last year. According to him, at the end of last month, gas was trading at the level of 140 euros per megawatt-hour.

Source: RIA Novosti

Related Stories

Leave a Reply