ENTSO-E to Support Ukraine through a New Agreement on Emergency Energy Assistance

Source: www.gulfoilandgas.com 3/29/2023, Location: Asia

Today marks the entry into force of the new energy agreement for emergency support to the Ukrainian electricity transmission system operator (TSO), Ukrenergo. This new energy agreement establishes the facility for Ukrenergo to request, and for the respective TSOs of Continental Europe to offer, emergency support in case of major generation or transmission failures, or in case of major sudden imbalances between generation and demand in Ukraine.

This week also on Monday 27 March 2023, the Transmission System Operators (TSOs) of Continental Europe agreed to increase the maximum import capacity for electricity trading from Continental Europe to Ukraine/Moldova from 700 megawatts (MW) to 850MW for all hours. The maximum export capacity remains currently at 400MW. In the coming weeks, these trading capacities will be further assessed.

Quote from Joachim Vanzetta, Chair of the Board ENTSO-E “It is a privilege for ENTSO-E to be able to continue supporting our colleagues in Ukrenergo. This new agreement will support fast and efficient response in case of new incident affecting the electricity transmission in Ukraine”.

Quote from Volodymyr Kudrytskyi, CEO Ukrenergo “This agreement is certainly another vital contribution to Ukraine’s energy stability and resilience. Thanks to the solidarity and determination of our friends, the TSOs of Continental Europe, Ukrenergo can rely on more emergency support. So, today the Ukrainian grid is even stronger, which means that Ukrainians will have light in their homes even during the darkest time. On behalf of Ukrenergo and the Ukrainian energy sector, I thank our partners for their unwavering and unprecedented support”.


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