Ukrainian Prime Minister Volodymyr Groysman has said the launch of a new electricity market in Ukraine automatically eliminated the effect of the “Rotterdam Plus” formula for calculating the price of coal in electricity tariffs based on the European API2 index.
UNIAN: Groysman- Launch of new electricity market ‘buries’ Rotterdam+ formula
Ukrainian Prime Minister Volodymyr Groysman gestures as he speaks to lawmakers during a hearing of the parliament, on May 30, 2019, in Kiev. - Ukrainian Parliament rejected Groysmans resignation demand leaving him to head the government for at least till snap parliamentary elections. Groysman said he was resigning after comedian Volodymyr Zelensky was inaugurated as president on May 21 and called snap parliamentary elections for July 21, but his resignation needed to be validated by the Parliament.