The Government has decided to extend the PSO for electricity until the end of April next year. This was announced by Prime Minister Denys Shmyhal.
“As promised, the price of electricity for household consumers will remain at UAH 2.64 per kWh. This will allow us not to increase the burden on family budgets during the heating season,” the Head of Government stressed.
According to the Prime Minister, the Ukrainian energy sector is successfully passing the first winter month. The daily maximum consumption has been decreasing for several days in a row.
“The generation is sufficient to provide light and heat in the homes of Ukrainians and for the operation of enterprises. I would like to thank the conscious citizens and businesses who took measures to save electricity on the days when it was needed,” said Denys Shmyhal.
The Head of Government added that over the past week Ukraine had twice provided emergency assistance to Poland, receiving additional electricity. He expressed hope for reciprocal support from ENTSO-E partners if necessary.
Also, during the meeting on December 27, the Government approved a decision to raise additional funds for the energy sector. Amendments to the agreement between Ukraine and the European Investment Bank will allow NPC Ukrenergo to receive more than EUR 3 million to pay contractors’ bills for the work performed. (Government portal/Business World Magazine)