Ukrenergo opens opportunity for exporting electricity to Poland

KYIV. March 28 (Interfax-Ukraine) - The Ukrenergo National Power Company has said it is resuming daily auctions to buy interstate transmission capacity for exporting electricity to Poland.

"Daily auctions are being resumed to distribute interstate transmission capacity for exporting electricity to Poland," Ukrenergo said in a statement on social media on Monday.

The first auction will be held on March 28 with delivery set for March 30.

The capacity offered for auction is 210 MW per hour.

"This is the first auction after Ukraine's power system was merged with the European Network of Transmission System Operators for Electricity (ENTSO-E). The start of electricity exports would enable Ukraine to receive extra resources for the power infrastructure recovery and development," it said.

The resumption of export and import transactions is among the key integration goals, it said.

The total throughput capacity between Ukraine and ENTSO-E is up to 2,000 MW, which should have a direct economic effect for Ukraine amounting to several billion U.S. dollars a year, Ukrenergo said.

The company suspended the distribution of access to interstate imports and exports of electricity on February 24 with the start of the power system's isolated operations. On March 16, Ukraine's and Europe's power systems were synchronized.

"Ukraine will export electricity to Europe for the first time after synchronization with ENTSO-E. The volume is not very large, but this is the harbinger of integration between power markets. We still have to do a lot to implement EU legislation, which is essential for a full merger of the markets," the Ukrainian Energy Ministry quoted Minister Herman Halushchenko as saying in a press release on Monday.