Representatives of major companies in the mining and metallurgical complex have called on the Ukrainian government to reconsider its decision to increase the share of imported electricity to 80% for stable energy supply to enterprises. Business believes that a compromise solution could be setting this norm at 50%. Otherwise, the high cost of imported electricity will lead to a reduction in production. This was discussed at a working meeting dedicated to discussing problematic issues related to the import of electricity, which was held by the Federation of Employers of Ukraine, according to GMK Center.
The issue of imported electricity has been a pressing concern for the mining and metallurgical industry in Ukraine for quite some time now. With the country’s own energy resources being limited, many companies have had to rely on imported electricity to sustain their operations. However, the recent decision by the Ukrainian government to increase the share of imported electricity to 80% has caused alarm among businesses in the industry.
At the working meeting organized by the Federation of Employers of Ukraine, representatives from various companies in the mining and metallurgical complex expressed their concerns over the government’s decision. They argued that such a high percentage of imported electricity would have a detrimental effect on their operations and could lead to significant losses for the industry as a whole.
According to the representatives, the ideal solution would be to set the share of imported electricity at 50%. This would strike a balance between the need for stable energy supply and the affordability of imported electricity. They also suggested that the government should consider providing subsidies or other forms of financial support to help offset the high costs of imported electricity.
The concerns raised by the representatives are not unfounded. The high cost of imported electricity has already had a negative impact on the industry, with some companies being forced to reduce their production or even shut down operations. This not only affects the companies themselves but also has a ripple effect on the economy, as the mining and metallurgical complex is a major contributor to Ukraine’s GDP.
The Federation of Employers of Ukraine has also emphasized the need for the government to take into account the long-term consequences of its decision. While importing electricity may seem like a quick fix for the current energy shortage, it is not a sustainable solution in the long run. The industry needs a stable and affordable energy supply to continue its operations and contribute to the country’s economic growth.
It is also worth noting that the mining and metallurgical industry is not the only one affected by the high cost of imported electricity. Other sectors, such as agriculture and manufacturing, also rely on electricity for their operations and will be impacted by the government’s decision.
In light of these concerns, the Federation of Employers of Ukraine has urged the government to reconsider its decision and work towards finding a more balanced solution. The industry is willing to work with the government to find ways to reduce the country’s dependence on imported electricity and develop its own energy resources.
In conclusion, the issue of imported electricity is a complex one that requires careful consideration from all parties involved. The mining and metallurgical industry is an important sector of the Ukrainian economy and its sustainability should be a top priority for the government. By finding a compromise solution that takes into account the concerns of businesses and the long-term consequences, the government can ensure stable energy supply for the industry and support its growth and development.