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ERU TRADING Acquired Annual Cross-Border Transmission Capacity for Electricity Exports in 2016

ERU TRADING (a subsidiary of ENERGY RESOURCES OF UKRAINE) Acquired Annual Cross-Border Transmission Capacity for Electricity Exports in 2016

Earlier ERU TRADING acquired access to the cross-border electricity transmission lines for exports of electricity to Slovakia, Hungary and Romania in November (total capacity of 20 MW) and in December (total capacity of 20 MW) of the current year. 

Andrew Favorov, Director of ERU TRADING, noted that ‘implementation of commercial electricity exports is one of the strategic business lines for the company and the country that does not only strengthen Ukraine’s position in foreign markets, but also ensures the trust of international partners - participants of ENTSO-E. The auction of the current year is an indication of the transparent rules introduced from the Ukrainian side for access to the transmission capacity by all the market players, which is a positive signal for attraction of large foreign investors to the market, not only in the area of electricity exports and generation, but also in the sector of imports and trading of coal and gas.’

For details of the auction results, please follow the link below http://www.ukrenergo.energy.gov.ua/Pages/ua/DetailsNew.aspx?nID=2135

 

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