Surplus of electricity in Ukraine paves way for record export on March 4

Ukraine is set to export a record amount of electricity today, according to the state-owned energy company Ukrenergo. The planned export is 13,264 megawatt hours (MWh), with maximum hourly capacity projected to reach 716 MW.

Ukrainian electricity will be exported to five countries: Slovakia, Hungary, Poland, Romania and Moldova.

Full-flowing rivers and sunny weather favor the active operation of hydroelectric and renewable energy (RES) power plants. Thanks to this, electricity producers can meet the needs of Ukrainian consumers and sell electricity to neighboring countries.

As of March 1, the technically possible maximum capacity of electricity export from Ukraine and Moldova to Europe has been increased by 150 MW to 550 MW, according to the February 29 decision of transmission system operators of continental Europe (ENTSO-E), Ukrenergo noted.

Export of electricity from Ukraine to other countries is carried out only if there is no deficit in the grid.

A small amount of electricity is planned to be imported in the evening hours from Slovakia, Moldova, and Romania. The total volume is 132 MWh with a maximum capacity of up to 62 MW in individual hours.

From December 1, 2023, the technical possibility of importing electricity from Europe to Ukraine and Moldova is 1,700 MW.

On February 27, 2024, guarantees of the origin of "green" electricity were introduced in Ukraine.

On February 28, Ukraine finally adopted the European rules for electricity trade.