High electricity prices in Ukraine will remain at least until the end of this decade. This forecast was voiced by former head of NPC Ukrenergo Volodymyr Kudrytsky in an interview with Forbes Ukraine, commenting on the situation in the country's energy sector.
According to Kudrytsky, the Ukrainian energy market will remain unsaturated until 2030, which means not only the preservation of capacity deficits during peak hours, but also limited opportunities for exporting electricity to the European Union. In his opinion, only the full technical ability to fill the export gap in combination with a domestic surplus will reduce price pressure.
He emphasized that the current state of Ukraine's energy system allows generating sufficient electricity for domestic needs, but systematic shelling by Russia, destruction of infrastructure and significant losses of generating capacity create long-term challenges for stable functioning.
Kudrytskyi stressed that achieving market stability in the energy sector requires investments in new generating capacities, including distributed generation, as well as the restoration and modernization of existing infrastructure. This is especially relevant against the backdrop of growing demand in the autumn-winter period and the strategic need to maintain independence from electricity imports.
Another factor that will influence price dynamics, according to Kudrytskyi, will be the expansion of integration with the EU energy market, but this process will require time and technical updating of the Ukrainian system.
Thus, high electricity tariffs in Ukraine will likely remain a reality for several more years until the country is able to fully restore generation, ensure grid stability, and realize its potential in external markets.
e-finance.com.ua
