In the longer term, production and consumption will rise as the economy starts to recover and processes of integration with the EU bring about a partial liberalisation of the power sector and investment from abroad. This will create opportunities for investment in Ukraine s power sector. ...This will create opportunities for investment in Ukraine s power sector. However, multiple barriers stand in the way of developing the sector, including corruption, vested interests and the fractious political environment, so electricity production will fall far short of Ukraine s potential. Ukraine s natural gas imports approximately halved over the course of January-February ---- (versus the same period in the previous year), with the entirety of them coming from the European Union rather than Russia. ...Consumption is falling as swathes of south-eastern Ukraine are left without electricity following damage to power lines and stations. Instability has also compromised the steel industry, the single main consumer of electricity, exacerbating an existing dip in global demand for steel which has already been lowering production.
...Crimea faces widespread power shortages, which have left the local administration dependent on back-up generators to keep key installations and emergency services running. According to the BBC, more than -.-mn people are without power in Crimea, as activists and Ukrainian nationalists prevent crews from carrying out repair work on the main power lines that supply Crimea from southern Ukraine. ...Crimea faces widespread power shortages, which have left the local administration dependent on back-up generators to keep key installations and emergency services running. According to the BBC, more than -.-mn people are without power in Crimea, as activists and Ukrainian nationalists prevent crews from carrying out repair work on the main power lines that supply Crimea from southern Ukraine. Ukraine and the EU are continuing to work on the implementation of a trade deal that will bring Ukraine more closely under the ambit of Brussels and could accelerate a liberalisation of the power sector including deregulation, privatisation and the introduction of a market-based pricing system. ...According to the BBC, more than -.-mn people are without power in Crimea, as activists and Ukrainian nationalists prevent crews from carrying out repair work on the main power lines that supply Crimea from southern Ukraine. Ukraine and the EU are continuing to work on the implementation of a trade deal that will bring Ukraine more closely under the ambit of Brussels and could accelerate a liberalisation of the power sector including deregulation, privatisation and the introduction of a market-based pricing system.
...The country s political and economic situation at the time of writing remains highly unstable. Ukraine is importing electricity from Russia but this is vulnerable to political developments. ...
