European Tsos To Open Electricity Trade With Ukraine
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 8. European transmission
system operators (TSOs) have made a decision to open electricity
trade with Ukraine, Trend reports with reference to the European
Commission.
“TSOs from Continental Europe have now agreed on the steps to
open electricity trading with Ukraine while ensuring energy
security for the region. The Ukrainian TSO Ukrenergo and the
Continental Europe TSOs will work together on implementing these
conditions. Ukrenergo has also been made an Observer Member in
ENTSO-E,” reads a message from the Commission.
The EU Commissioner for Energy Kadri Simson noted that the
process will be gradual.
“I welcome the decision by the European TSOs to open the
electricity trade with Ukraine, following the successful emergency
synchronisation in March. The process will be gradual and done
under clear conditions agreed with our Ukrainian partners, so that
the energy security for the region will be ensured. This is another
tangible sign of our solidarity with Ukraine and a further
important step in the longer term perspective towards achieving
full synchronisation, market reforms, and market integration
between the EU and Ukraine,” she said.
In March 2022 the electricity grids of Ukraine and Moldova were
successfully synchronised with the Continental European Grid.
The REPowerEU Plan presented by the European Commission says
that EU members will purchase excess electricity from Ukraine to
compensate for some of reduced gas imports.
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