Ukrainian energy system plans to become a part of European market by 2017

The integration of the Unified Energy System of the Ukraine with the European Union's energy system is a top priority in the electricity sector today, the Deputy Minister of Energy and the Coal Industry of the Ukraine, Vadym Ulida reported during the briefing at the Government House on July 8th.

According to the official, the Ukraine adheres to the European vector of the development, including in the energy sector.

"This is integration of the energy system of the Ukraine with the European power grids, as well as integration of the gas transportation system with the European energy systems. These projects should ensure creation of technical and economic conditions to make the Ukrainian energy a part of the European energy market by in 2017,"- he thinks.

Vadim Ulida emphasizes that the integration of the Ukrainian Unified Energy System in the European energy system is impossible without introducing technical standards which must be compatible with ENTSO-E standards, and performance of appropriate power equipment modernization.

According to him, the Ukrainian Government determined the date for the creation of conditions for accession of the Ukrainian energy industry to the European Energy market. The appropriate steps of the Energy Ministry will provide an additional influx of significant investments.