12 Oct 2023 20:26

Ukrainian Energy Ministry proposes maintaining guarantees of no power outages for businesses

MOSCOW. Oct 12 (Interfax) - The Energy Ministry has submitted a draft resolution to the Ukrainian government, proposing to maintain guaranteed power supplies in the event of shortages to industrial consumers importing electricity, but to reduce its share to 50% from last year's 100%, Energy Minister German Galushchenko said on the sidelines of the Kiev International Economic Forum on Thursday.

"If a company buys 50% of imported electricity, then we guarantee its work without blackouts," Ukrainian media quoted Galushchenko as saying.

This decision could be made approximately in two to three weeks, he said.

As reported, on January 3, the government adopted a regulation on electricity imports during the fall-winter period of 2022/2023 amid the martial law in Ukraine. Under the regulation, measures to limit power supply during outages were not applied to consumers receiving imported electricity.