“Energoatom” is developing recommendations for improving regulations of the export of electricity

“Energoatom” is developing recommendations for improving regulations of the export of electricity, the wholesale electricity market and the functioning of JEG of Ukraine. In accordance with the Memorandum of understanding on cooperation in the energy sector between Ukraine and EU bilateral relations in energy sphere are being fulfilled.

To ensure the implementation of the Memorandum regulations concerning integration of the United Energy System of Ukraine to the united power system of the European countries (UCTE) Fuel and Energy Ministry with the participation of “Energoatom” has prepared and launched the Program of organizational and technical measures for training and the modernization of the generating equipment of Ukrainian joined energy grid. Implementation of the program, particularly in terms of training and upgrading of equipment for nuclear power plants for meeting the requirements of energy systems of European countries on primary and secondary regulation of frequency and capacity is aimed to solve the technical issues associated with the ability to export electricity produced by nuclear power plants.

Legal and regulatory framework operating in Ukraine contains a number of limitations that do not allow “Energoatom” to use its export potential and increase it through the profitable implementation of investment projects in the export of electric energy. Improving the legal framework will greatly enhance the financial results of company operations, will allow to accumulate additional resources for implementation their own operating programs (increasing the safety of power units operating and building of the new nuclear power plants).