Ukrainian electricity will help the EU reduce its dependence on Russian energy sources

The export of Ukrainian electricity to European countries will allow the European Union to reduce its dependence on Russian gas and oil.

Source: DTEK Director-General Maxim Timchenko

“In discussions about dependence on Russian gas and oil, we are part of the solution to this problem by offering Ukrainian electricity and coal to our European partners,” he said.

“Ukraine is currently working to increase the maximum possible volume of electricity exports. Ukraine is also working to increase gas production, primarily to meet the needs of Ukrainian consumers.”

Ukrainian Energy Minister Herman Galushchenko believes that the export of electricity to Europe allows the Ukrainian energy system to attract additional funds to ensure stable operation, which is a very important factor in Russia’s attack on Ukraine.

UaPosition memo: DTEK is the largest private investor in the energy industry in Ukraine.

See also: Ukraine has already received € 3 billion in financial assistance from Western partners

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