Without financial relief, he warned, Ukraine will suffer electricity shortages

Without financial relief, he warned, Ukraine will suffer electricity shortages and may miss a 2023 deadline to join Europe’s power distribution system. “Ukraine’s integration into the European energy market will increase competition, reduce prices and improve the quality of services provided,” he said. To get there, the government must create “a professional management team capable of overseeing the development of the energy sector, the application of best practices from our European partners, the integration of the Ukrainian energy system into ENTSO-E, and the establishment of market approaches to pricing.”