Commissioner Simson welcomes upcoming start of electricity trade between Ukraine and the EU*

Following the successful emergency synchronisation of the Ukrainian and Moldovan grids with the European Continental Grid in March, today the Commission welcomes ENTSO-E's announcement that electricity trade between Ukraine and the EU will start on 30 June. Commissioner for Energy, Kadri Simson, said: “Gradually increasing electricity trade is particularly important in the context of Russia's continuing aggression against Ukraine. It will allow Ukraine to earn revenues to support its power system in a situation where their domestic income has been reduced by Russia's attacks. At the same time, it will make additional affordable electricity available for the EU during a time when prices are exceptionally high.” A full statement is available here.