"Currently, the key goal is to ensure Ukraine's energy security through cooperation with European partners, the introduction of forward auctions and strengthening integration with EU energy markets," the NEURC’s Chairman Yuriy Vlasenko said, as quoted on the Regulator’s website.
He took part, together with the Commission’s member Ruslan Slobodian and Deputy Minister of Energy Roman Andarak, in an online meeting on the introduction of long-term auctions for the allocation of transmission capacity between Ukraine and the EU countries, organised by the Energy Community Secretariat at the end of last week. The meeting was also attended by representatives of regulators and transmission system operators from Poland, Slovakia, Hungary, Romania, as well as international organisations ENTSO-E and the Joint Allocation Office (JAO).
The participants also expressed support for joint efforts to develop the necessary regulatory and technical solutions to accelerate the integration of energy markets.
In November 2024, Ukraine reduced its total electricity imports by 9% compared to October – to 165 million kWh.
In turn, in October, electricity imports decreased by 58% compared to September and became the lowest since March 2024.
Ukraine and the EU have agreed to increase the maximum capacity of electricity imports from the EU from 1 December 2024 from 1.7 to 2.1 GW. This will increase the resilience of the Ukrainian energy system in the face of Russian attacks and infrastructure destruction.
Besides, Ukraine has the opportunity to receive additional 250 MW of guaranteed capacity from the EU in the emergency mode.
For their part, European transmission system operators will be able to review the capacity limit for commercial electricity exchange between the EU, Ukraine and Moldova on a monthly basis starting in March 2025.
Ukraine is preparing to introduce forward auctions for electricity imports with the EU
05.12.2024 10:33
Ukraine continues to work on the implementation of long-term (forward) auctions for electricity imports with energy partners of the European Union, the National Energy and Utilities Regulatory Commission (NEURC) has reported.
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