NPC Ukrenergo has received the status of an observer member of the ENTSO-E European Network of Transmission System Operators for Electricity, an agreement on its granting was signed on Tuesday in Warsaw, the Ministry of Energy of Ukraine has reported. “This agreement brings Ukraine even closer to full integration with European power markets and determines … Read more
Ukraine will continue to transit Russian natural gas as long as it is technically possible, but proposes to freeze funds from its sale on escrow accounts until the withdrawal of Russian troops from Ukraine, head of the board of NJSC Naftogaz Ukrainy Yuriy Vitrenko said to Bloomberg. “At the moment, it has been decided that … Read more
Synchronization of the Integrated Power System (IPS) of Ukraine with European ENTSO-E will increase the capacity of power lines between Ukraine and Europe up to 5 GW, Minister of Energy Herman Haluschenko said in his column “Energy visa-free regime. United front with Europe” in Ukrainska Pravda on Saturday. “There are a number of technological initiatives … Read more
Ukraine has become part of the European Union’s Energy Union, meaning that it has joined the European ENTSO-E energy network, President Volodymyr Zelenskyy of Ukraine wrote on Twitter . The unification of the Ukrainian and European energy systems has been completed,” the President of Ukraine wrote. This means that now Ukrainian electricity flows to Europe … Read more
The European Commission and the European Network of Transmission System Operators have agreed to begin the process of Ukraine’s emergency accession to the EU’s single energy grid and expect the process to take several weeks. This was stated at a press conference in Brussels by EU Commissioner for Energy Kadri Simson, quoted by Interfax-Ukraine. This … Read more
Ukrenergo states that during the five days of the war no large Ukrainian energy facility was damaged. The maximum that was damaged is several high-voltage transmission lines. Since the beginning of the war, consumption has fallen by 27%, shutting down three nuclear power plants and two conventional ones. In this regard Energy experts urge not … Read more
The Shebelynka oil refinery (Šhebel, Kharkiv region) has suspended operations due to the risks of hostilities, the press service of NJSC Naftogaz Ukrainy has reported. According to the press service, the staff was evacuated. The operation of the facilities is planned to be resumed after the stabilization of the situation. The Shebelynka oil refinery is … Read more
DTEK Energy enterprises continue to support the uninterrupted operation of the Ukrainian energy system in the conditions of the war with Russia, the company said in a press release on Saturday. “All the company’s mines are operating normally. The miners continue to extract coal to support the Ukrainian energy system,” DTEK said. Currently, 15 power … Read more
Ukraine’s power system is operating normally, the availability of the necessary energy resources is fully ensured, the Ministry of Energy reported on its website on Thursday. According to the ministry, security measures have been strengthened at all facilities, and the stability of the operation of enterprises and grids in the energy sector is being systematically … Read more
Fitch Ratings has revised National Joint Stock Company Naftogaz Ukrainy’s outlook to stable from positive, while affirming company’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, the rating agency said on its website. “The outlook revision follows a recent similar action on Ukraine’s sovereign rating (B/Stable) and the application of Fitch’s Government-Related Entities (GRE) Rating … Read more