KYIV—Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday.
Former Soviet Ukraine’s electricity grid began planning to decoupling itself from the Russian and Belarusian grid in 2014 after Russia annexed Crimea. It was testing the system’s autonomy in February when Russia invaded, which prompted Kyiv to fully disconnected 2.5 years earlier than planned.
Ukraine applied in March to join the European energy system ENTSO-E as soon as possible and on Tuesday it received the right to export its energy to Europe, Ukrenergo said on Wednesday….