Economy

Zakrevskyi: Price caps may limit Ukraine’s power imports

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Illustrative file photo: Electricity pylons, Ukraine 66. Not the current event. · Novoklimov · CC BY 4.0 · https://creativecommons.org/licenses/by/4.0/ · https://commons.wikimedia.org/wiki/File:Electricity_pylons,_Ukraine_66.jpg · resized and padded to 16:9; illustrative archive photograph; derivative under linked source license
Illustrative photo · Novoklimov / Wikimedia Commons · CC BY 4.0 · resized / padded

In brief

Ukraine needs electricity imports to cover evening demand as solar output falls after sunset, energy expert Andrii Zakrevskyi said. Domestic price caps can constrain those supplies.

Ukraine’s electricity price caps can limit evening imports when solar generation declines, Andrii Zakrevskyi, deputy director of the Association of Energy and Natural Resources of Ukraine, said during a television news marathon, RBC-Ukraine reported.

Zakrevskyi said strong solar generation had allowed Ukraine to export electricity during the day in summer and early autumn. From October, the situation began to change, with imports needed after sunset to cover evening consumption.

Ukraine gradually imported electricity in the evening when price caps and economic conditions allowed, he said. RBC-Ukraine’s report did not specify evening import volumes or quantify the effect of the caps.

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Section: Economy · Energy

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