Ukraine has the lowest electricity prices in Europe – for households and for industry — but the electricity distribution system is the least efficient in Europe
Friday, June 15, 2018

Ukraine has the lowest electricity prices in Europe – for households and for industry — but the electricity distribution system is the least efficient in Europe

Ukraine has the lowest electricity prices in Europe – for households and for industry — but the electricity distribution system is the least efficient in Europe, Carlos Pascual, senior vice president of IHS Energy, tells LB.ua. “It means that it does not invest enough,” says Pascual, adding that Ukraine needs $10-15 billion in investment in electricity. Pascual, who served as US Ambassador here 2000-2003, cited the experiences of Britain, Germany, and France to say: “RAB-tariffs encourage energy companies to achieve greater efficiency and to direct capital to the provision of higher quality services.”

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