High voltage power lines, Ukraine - EBRD AGM Issue Paper

In April 2009 the National Energy Company of Ukraine Ukrenergo announced plans to construct two new high voltage transmission lines with hoped for financial support from the EBRD. A closer look at the background details reveals information that neither the project sponsor nor the EBRD provided. Based on them, it seems that in close cooperation with Ukrenergo the EBRD will rather improve Ukraine's capacity to export electricity from its nuclear blocks under the smokescreen of serving the local needs.