The European Union should become an assistant to Ukraine in gaining full-fledged energy security for the country. This was stated by the head of EU diplomacy Josep Borrell in his blog..
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The head of EU diplomacy specified that modern Ukraine, from the position of energy security, "
Borrell pointed out that full-fledged energy security can only be achieved with maximum investment in renewable energy sources and improved links with the EU market..
" ) will provide an opportunity to achieve even closer coordination of energy market reforms needed in Ukraine to strengthen corporate governance and transparency ahead of Ukraine's synchronization with the European electricity grid, planned for 2023. We will also work to increase reverse flows within the existing gas transmission infrastructure,"
He also noted that gas prices in the EU are now 6-10 times higher than a year ago, which creates a greater burden on electricity prices.. This has already led to higher inflation at the end of 2021.
“If energy prices remain high throughout 2022, fueling higher inflation, this will seriously affect the post-pandemic recovery,” writes EU diplomat.
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Earlier it was reported that the import of electricity from Belarus under the current conditions in Ukraine, when all 15 nuclear power units are operating, caused an imbalance in the energy system. In addition, speculators have stepped up. As a result, prices on the wholesale electricity market collapsed..