MNI BRIEF: Canadians Fuzzy On How BOC Hikes Slow CPI, Government's Role

CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: BCB Evaluating Real Depreciation Impacts - Galipolo

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Ukraine Aims to Boost Power Imports to Above 2GW

POWER
Homepagemarkets-real-timeBullet

Ukraine’s government is in talks with its European neighbouring countries to increase power imports to more than 2GW amid power supply bottlenecks following Russia’s attacks on the country’s energy infrastructure, Prime Minister Denys Shmyhal said, cited by Bloomberg.

  • “Currently, we can import no more than 1.7 GW. Kyiv has all technical capabilities for more imports,” Shmyhal said.
  • The Ukrainian Cabinet adopted a resolution to no longer impose power cuts for businesses that import 80% of their electricity needs, he added.
  • Ukraine has also lost around 80% of its thermal power production, which means the country is relying on its three nuclear facilities that generate around 60% of its electricity.
109 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Ukraine’s government is in talks with its European neighbouring countries to increase power imports to more than 2GW amid power supply bottlenecks following Russia’s attacks on the country’s energy infrastructure, Prime Minister Denys Shmyhal said, cited by Bloomberg.

  • “Currently, we can import no more than 1.7 GW. Kyiv has all technical capabilities for more imports,” Shmyhal said.
  • The Ukrainian Cabinet adopted a resolution to no longer impose power cuts for businesses that import 80% of their electricity needs, he added.
  • Ukraine has also lost around 80% of its thermal power production, which means the country is relying on its three nuclear facilities that generate around 60% of its electricity.