In brief
The International Energy Agency recommends electricity price caps that allow imports from Europe during shortages. It says imports could only partly cover a likely winter power shortfall.
Ukraine should set electricity market price caps at levels that allow imports from Europe during shortages, the International Energy Agency recommends in its Ukraine’s Energy Security 2026 report, according to RBC-Ukraine. RBC-Ukraine’s report did not specify a recommended numerical cap.
The IEA considers a power capacity shortfall likely this winter, with its scale dependent on the intensity of Russian attacks and weather conditions. Imports could partly offset the gap, but market rules, including price caps, have already constrained imports at certain times, according to the agency.
Even with favourable prices, imports would not fully cover a possible shortfall, the IEA says. Maximum electricity import capacity for Ukraine and Moldova combined is 2,450 megawatts; that figure is not actual electricity deliveries to Ukraine alone.
The agency says the greatest benefits this winter could come from quickly connecting generating equipment already delivered to Ukraine, using energy storage systems and reducing consumption during evening peak hours.
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