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Market coupling with Ukraine is an opportunity for Europe to reduce its energy dependence

Market coupling is the only transparent mechanism for energy trading with Europe. This is Ukraine's next step after technical synchronization with ENTSO-E. Oleksandr Havva, Acting Director General of JSC Market Operator declared this during his speech at the Energy Club`s online conference.

According to his words, market coupling is a transparent trade mechanism used in the European Union countries and provides a significant facilitation for inter-state trade.

The war in Ukraine has reduced electricity consumption, and the significant surplus is prevailed on the day-ahead market of Ukraine. “The weak demand causes inability to sell volumes, offered by electricity producers at an appropriate level, because the spot trade is an important source of stable money flow for them”, – O.Havva said.

According to his belief, the market coupling of Ukraine and the EU is particularly important in the context of reducing Europe's energy dependence on Russian gas.

“Cooperation with European colleagues on transparent and clear conditions will make us even stronger in the fight against the aggressor, who speaks a language of ultimatums and energy blackmail to the world. Prices on the spot electricity market of Ukraine are the lowest in Europe. So let us unite for a common victory”, – O.Havva has summed up.

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