Continental Europe transmission system operators (TSOs) have decided to address Ukrenergo’s request to re-launch electricity export from Ukraine positively.
High-tension power lines in Kyiv. Credit: Valentin Ogirenko, Reuters
Continental Europe transmission system operators (TSOs) have decided to address Ukrenergo’s request to re-launch electricity export from Ukraine positively.
“Today, Ukraine’s power system operates in a trial emergency synchronisation mode, which means there are no export-import transactions conducted with European counterparties. However, both Ukrainian and European sides are considering the possibility of a stepwise increase in the volumes of export, which would be mutually beneficial,” Ukrenergo said on its website on Wednesday.
Ukrenergo is considering starting electricity exports to European countries as an opportunity to infuse the electricity market with additional liquidity and generate extra income.
“Under martial law and active hostilities, the Ukrainian energy sector is struggling to maintain its pre-war financial indicators. Taking this into account, the start of electricity export could become an economically substantiated alternative to new borrowings and loans,” the company said.
Low-carbon electricity supplies from Ukraine will significantly strengthen energy security in the region of Central and Eastern Europe. At the same time, electricity supplies from Ukraine could cover some share of electricity consumption in these countries and reduce their dependence on Russia.
The company said to start a stepwise increase in the Net Transfer Capacity of the export direction, the six technical prerequisites had to be fulfilled before the RGCE approval. “Such measures are necessary to ensure the stability of the interconnected grid and increase the capacity of damping low-frequency oscillations,” Ukrenergo said.
The company said that as a transmission system operator, Ukrenergo is actively working and will continue to work on the implementation of these technical measures. As part of the Agreements on the Synchronisation of the Ukraine/Moldova Power System with the Continental Europe Power system, Ukrenergo is committed to continuing to ensure compliance with all requirements to transit to full synchronisation while undoubtedly maintaining the highest level of operational security.