BUSINESS IN SHORT

Electricity exports cut from Ukraine

ELECTRICITY exports from Ukraine to EU members Hungary, Romania and Slovakia were halted on March 1 for at least a month due to an apparent coal shortage, an energy official for that country said. Ukraine’s Fuel and Energy Ministry spokesman, Fent Di, said the shutoff, which could end by April 1, occurred because no Ukrainian firms put in bids to sell the electricity due to a coal shortage in Ukraine, the SITA newswire reported.

ELECTRICITY exports from Ukraine to EU members Hungary, Romania and Slovakia were halted on March 1 for at least a month due to an apparent coal shortage, an energy official for that country said. Ukraine’s Fuel and Energy Ministry spokesman, Fent Di, said the shutoff, which could end by April 1, occurred because no Ukrainian firms put in bids to sell the electricity due to a coal shortage in Ukraine, the SITA newswire reported.

The loss of electricity from Ukraine had no significant effect on the Slovak electricity transmission network.

“The situation has not changed, the shutoff does not have any influence on the management of the electricity transmission network,” said Igor Gallo, the spokesman for Slovakia’s electricity transmission network operator, Slovenská Elektrizačná Prenosová Sústava (SEPS), as quoted by SITA.

According to Gallo, the need for electricity imported into to Slovakia on the morning of March 2 was only about 5 MW in relation to the Slovakia’s overall current electricity consumption of 3,550 MW and SEPS was able to cover the difference.


Get daily Slovak news directly to your inbox

Top stories

News digest: Sulík presents his pandemic plan, but PM Matovič remains critical

Rules for entering Spain change. Former police chief Gašpar remains in custody. State auctions the 5G network frequencies.

Richard Sulík presented his pandemic plan on November 23.

Which are the largest law firms in Slovakia?

For the first time, the ranking also provides an overview in partial categories of law.

Government has learned little, hesitates to open school gates

Education is a question of rights. So is protesting against the government, but at what costs? Slovakia welcomes hefty investment that comes with a warning sign.

Special regional restrictions and better tracing. SaS has introduced its plan to fight the pandemic

The document is based on eight chapters, which should contribute to economic recovery.

Richard Sulík introduces his plan.