Ukraine can export up to 2.5 GW of electricity annually, earning more than UAH 70 billion.
Ukraine has started providing electricity to Europe. In general, for the year, export revenues could reach 70 billion hryvnias, said Prime Minister Denys Shmyhal on Thursday, June 30.
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“Just three months after receiving the visa-free energy regime, the long-awaited Ukrainian electricity exports to Europe began! Now, at 1 am, such exports go in the direction of Romania. The initial volume is 100 MW, “the prime minister wrote.
He noted that on the first day alone, Ukrenergo earned UAH 10 million on the sale of access to the interstate crossing.
In general, the potential export of Ukrainian electricity to Europe is up to 2.5 GW.
“After Ukraine’s victory in the war, it will significantly increase investment in the industry and modernize it to the best standards in Europe. Energy will be one of the drivers for the renewal of our economy, as it has become a driver for our integration into the EU, ”Shmyhal said.
As reported, initially Ukraine will be able to provide 100 MW to Romania, and then the issue of exports to Slovakia and Hungary will be deciding.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.