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Ukraine preparing to ease electricity export rules

October 03, 2013, 13:18 UTC+3
The draft law offers an electronic form to conduct auctions and electronic document control
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KIEV, October 3 (Itar-Tass) - Ukraine’s government has approved a draft law to adapt the electricity market rules and electricity export to the EU standards.

The draft law is expected to make amendments to the law, “On Electrical Power Engineering”, the government reported.

The draft law offers an electronic form to conduct auctions and electronic document control.

The draft law envisions several other initiatives to develop competition and “to step up integration processes in the electric power industry in compliance with the EU standards”.

According to the Ministry of Revenues and Duties, export of Ukrainian electricity to the EU countries (Romania, Slovakia, Hungary and Poland), as well as to Moldova and Belarus, will reach about $394.8 million. 

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