Reforms in energy sphere ensure energy independence of Ukraine – Poroshenko

Reforms in energy sphere ensure energy independence of the state, Ukrainian President Petro Poroshenko said at Rivne NPP in the course of the working trip to Rivne region on Friday, according to the official website of the President of Ukraine.

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Talking to the staff, the President noted that the energy sphere is among leaders in terms of the pace of reforms. "The first thing we can be proud of is energy independence," Poroshenko said, the report reads.

According to the President, in two years, Ukraine achieved "fantastic results" despite aggressive actions of Russia. "My congratulations! This winter was the first time Ukraine found enough strength to say "no" to Russian gas despite the fact that Russians cut off the gas supply completely and set the price 30% lower than the European spot price. Such a behavior towards Ukraine requires specific attitude because of the aggression, economic blockade and embargo. They will never put us down on our knees. We are confident of that," he said.

At the same time, Poroshenko noted decisive steps on the increase of the atomic energy's share in the energy balance of the country. "A year ago, the share of the atomic energy equaled 48% and it was reducing. Less than in a year, we increased it up to 56%," he said.

The President particularly noted that the launch of power line Rivne NPP – Kyiv substation allowed not only to cheapen the electricity and make the Ukrainian energy sphere more competitive, but also to ensure the energy security of Kyiv and Kyiv region and reduce the consumption of expensive thermal coal. "Today, Kyiv consumes cheap electricity from Rivne and Khmelnytskiy NPP and doesn't use expensive thermal anthracite coal. This is due to your activity," Poroshenko addressed the staff of the power plant.

The Head of State noted the importance of atomic energy for uninterrupted functioning of the energy system. He emphasized that there had been no rolling blackouts despite concerns and predictions of many politicians.

Poroshenko praised the work of the power plant. "We are now convinced that everything works well and safely. I believe industrial reforms and economic competitiveness must begin with energy sphere. Two components – energy sphere and competitive investment climate let us attract investments. Your achievement is a great victory," he said.

The President expressed confidence that the Ukrainian energy sphere would have an "absolutely different future" in five years. "We are now finishing the construction of Novodnistrovsk pumped storage unit. This will help increase the load level of atomic energy. We will also start using modern technologies of energy accumulation. Thus, we will not have any problems covering peak loads. At night, the NPP will work for accumulators and during the day – for consumers," Poroshenko said.

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