Ukraine cannot import full 1.7 GW of electricity due to market regulation issues – Oleksandr Kharchenko

Today, the maximum amount of electricity that can be imported into Ukraine reaches 1.7 GW. However, this indicator is not at 100%, in particular due to market regulation problems.

Oleksandr Kharchenko, Director at the Energy Industry Research Center, made this statement during a discussion at Media Center Ukraine.

“We will very much depend on how much we can extend imports and how much we can fill this capacity. Today, we are not even able to get the maximum of what we currently have – 1.7 GW are not 100% filled, due to market regulation problems. And until these problems are solved, we won’t be able to import at full capacity. We currently have a deficit of 2 GW, the market is limited to lower prices, as regulated by the National Commission for State Regulation of Energy and Public Utilities, which means (electricity import takes place – Ed.) 10 hours per day. In our country, the commercial regulation of the electricity price and the physical absence of electricity do not correlate – we have a shortage everywhere, and we still cannot sell it, and we cannot get money for it. This is a paradoxical situation. This limits imports. Because in the hours when electricity in Ukraine is much cheaper than imported electricity, we see that no one imports (electricity – Ed.) at all, and this is a problem,” said Oleksandr Kharchenko.

Read more: https://mediacenter.org.ua/news