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Kyiv: EU permits more power imports to Ukraine

The European Union increased the maximum import capacity from Ukraine of electricity by 38.5%. This gives Kyiv an opportunity to earn money for rebuilding power plants destroyed by Russian attack, Ukraine's Energy Ministry said on Thursday.

The new limit will remain in effect until August 1 and be reviewed monthly thereafter.

Before Russia's invasion of the EU in 2022, Ukraine began exporting large amounts of power to the EU. After Russia damaged Ukrainian power generation facilities, it stopped exports. It resumed them in early this year.

German Galushchenko, energy minister of Ukraine, said on Telegram that increasing the maximum export capability is a step which will help balance the Ukrainian energy systems.

He also said that it would allow Ukrainian power plants earn an additional profit in order to deal with the effects of Russian attacks as well as prepare for winter.

Ukraine lost half its power generation capacity due to Russian drone and missile attacks. Most of it was restored later.

ExPro, a Ukrainian consultancy, said this week that Ukraine had increased its exports of electricity to 237 Megawatt Hours in June from 95 MWh around in May.

The consultancy claimed that Ukraine exported electricity to Hungary, Slovakia and Moldova. Mark Potter (Reporting and Editing by Pavel Polityuk)

(source: Reuters)