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A law on the integration of the energy markets of Ukraine and the European Union, recently signed by President Volodymyr Zelenskyy, will help reduce the electricity deficit.
Source: Andrii Herus, Head of the Verkhovna Rada's (Ukrainian parliament) energy committee
Quote: "We are becoming part of the large European market: the import procedure is being simplified, so we will import more. Accordingly, electricity deficits will lessen."
Details: Herus stated that in the event of generation problems there will be fewer outages, as a portion of electricity for end consumers will be able to be covered through imports from the EU. He noted that Ukraine can currently purchase electricity from the EU, but only through auctions, involving a search for a seller and complex procedures. The law allows this process to be simplified, accelerated, and automated.
