Electricity trade between Ukraine and EU to start on 30 June
June 29, 2022

Electricity trade between Ukraine and EU to start on 30 June

The European Network of Transmission System Operators for Electricity (ENTSO-E) announced that electricity trade between Ukraine and the EU would start this week, on 30 June. This will  allow Ukraine to generate revenues to maintain its energy system at a time when domestic revenues have fallen due to Russia’s aggression.

I welcome this development that follows the successful emergency synchronisation of the Ukrainian and Moldovan grids with the European Continental Grid in March,” said European Commissioner for Energy, Kadri Simson. “This is the next step in integrating the energy systems of these two countries with Europe and has a special significance now that they have received EU candidate country status.”

At the same time, this trade agreement will make additional affordable electricity available for the EU during a time when prices are exceptionally high, said Simson.

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