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Alerts Energy Infrastructure / Innovations 17 January, 2024 7:25 am   

Energy trade between Poland and Ukraine entering a European level

Linie-Przesylowe-Fot.-Bartlomiej-Sawicki-Offshore-News-rotated Kraków Transmission Lines / Wieliczka  Picture by Bartłomiej Sawicki/BiznesAlert.pl

Poles and Ukrainians traded energy on the border despite the invasion of Russia for the first time in the European standard using the appropriate allocation platform.

Today, Ukrenergo and Polskie Sieci Elektroenergetyczne conducted a joint auction of cross-border connection capacity using a special Joint Allocation Platform in accordance with European regulations. The winning company gained access to 455 MW for import over the Dnieper on January 18th. “European companies competed for entry into the Ukrainian market,” Volodymyr Kudrytsky, President of Ukrenergo, said in a comment on social media.

Ukrainians have already implemented similar regulations on the border with Romania in November 2023. After the breakthrough in Poland, similar developments are expected in Slovakia and Hungary. Ukraine is integrated into the energy market of the European Union through the Energy Community and completed synchronisation in March 2022 despite the Russian invasion.

Wojciech Jakóbik