Ukraine - First auction held to start electricity supply to Moldova as of Tuesday

Ukraine's power grid operator announced that it began holding auctions for the export of electricity to Europe, the first of which was held on Monday, to start the supply to neighboring Moldova as of Tuesday.

Ukrenergo, an electricity transmission system operator in Ukraine and the sole operator of the country's high-voltage transmission lines, said that access to interstate crossings is currently allocated only for a short-term period in daily auctions due to the current political situation and related risks.

"In addition, an auction will be held today for the allocation of 80 MW of capacity of the interstate crossing in the direction of Poland for the delivery date of April 12. The possibility of opening exports to Slovakia is also currently being negotiated," the Ukrenergo statement said.

On Friday, the Ukrainian Energy Ministry announced that the country will resume electricity exports to Europe in cases of surplus.

source: aa.com