UAWire
Wednesday, May 26, 2021 1:00:00 PM
Ukraine has suspended imports of Russian and Belarusian electricity until October 1, 2021. The decision was taken at a meeting of the National Energy and Utilities Regulatory Commission (NKREKU).
The head of the National Energy and Utilities Regulatory Commission, Valery Tarasyuk, said that Energy Minister Herman Galuschenko initiated the decision. Thus, NKREKU cancels the results of annual auctions, which were used distributed transit volume for 2021 as part interstate agreements between Ukraine and non-members of the Energy Community.
The regulator instructed the national power grid operator to reimburse the auctions winners. Tarasyuk did not rule out that the relevant restrictions would continue after October 1.
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Ukraine has officially banned the import of electricity from Belarus and Russia on May 26.
The country’s energy regulator, the National Energy and Utilities Regulatory Commission (NEURC) ruled to keep the restriction in place until Oct. 1. In January and February, Ukraine imported up to 2% of its electricity from Russia and Belarus.
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Ukrainian regulator bans import of electricity from Russia, Belarus until Oct 1 2 min read
The National Energy and Utilities Regulatory Commission of Ukraine (NEURC) at a meeting on Wednesday limited the available capacity for importing electricity to Ukraine from states that are not parties to the Energy Community (Russia, Belarus) to 0 MW until October 1, 2021. We take this decision on the initiative of Energy Minister Herman Haluschenko, who made such a request to us. At the same time, we remember our experience and this winter, and remember the balance of interests, because we also think about consumers and about that, theoretically, the termination of imports as a market mechanism can lead to abuses and manipulations in the market, Chairman of NEURC Valeriy Tarasiuk said.
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The National Energy and Utilities Regulatory Commission of Ukraine (NEURC) at a meeting on May 26 limited the available capacity for importing electricity to Ukraine from states that are not parties to the Energy Community (Russia, Belarus) to 0 MW until October 1, 2021.
“We take this decision on the initiative of Energy Minister Herman Haluschenko, who made such a request to us. At the same time, we remember our experience and this winter, and remember the balance of interests, because we also think about consumers and about that, theoretically, the termination of imports as a market mechanism can lead to abuses and manipulations in the market,” Chairman of NEURC Valeriy Tarasiuk said.