Week energy news

Weekly energy news

Parliament Work  

Yesterday at its meeting, the Verkhovna Rada of Ukraine voted for the adoption of two law drafts - №10357 dated 03.06.2019 concerning the regulation of the issue of generation of electric energy from RES by private households and №10405 dated June 27, 2019 regarding the creation of access to the infrastructure of charging stations for electric vehicles.

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The first ten days of a new electricity market:

According to Ukrenergo, from 1 to 5 July, the share of different segments of the market in primary electricity sales amounted to: bilateral agreements - 65.77%; the day-ahead market - 30.15%; intraday market - 1.07%; the balancing market - 3.01%.

The average price for DAM is 1703.02 UAH/MWh in the Burshtynsky island (sales volume 9417.30 MW) and 1707.80 UAH/MWh in the PS of Ukraine (sales volume is 110663.70 MW).

The average price for IDM was 1889.30 UAH / MWh in the Burshtynsky island (sales volume 176.9 MW) and 1353.39 in the PS of Ukraine (sales volume 19.3 MW).

Limit prices (without VAT) on the balancing market between 00:00 and 08:00 and 23:00 to 24:00 - 815,25-1102,99 UAH/MWh 08: 00-23: 00 - 1740,99-2355, 46 UAH/MWh

During July 1-7, 2019, 37,705 million kWh of electricity from Slovakia were imported to the "Burshtinskaya TPP" power plant.

During the same period, electricity exports from the Burshtinskaya TPP Energy Region amounted to 77.743 million kWh. Exports were made to countries such as Hungary, Slovakia and Romania.

Import supply of electricity is currently the most important condition for creating a transparent competition among Ukrainian electricity producers. The new market model has removed regulatory restrictions for free import of electricity to Ukraine.

Sources: http://bit.ly/322ksFz

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The average price of electric energy for industrial consumers in the new energy market (in all its segments) increased by 30% over the first ten days of operation of the new model compared to the wholesale market price in June, said Vsevolod Kovalchuk, head of NEK Ukrenergo.

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From 11.07.2019 for work on the energy market financial guarantees from market participants are required. On its website, Ukrenergo gives an example of the calculation of financial guarantees for market participants.

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TSO was has become complicated

Blocking Ukrenergo's operation in the new market due to the temporary cessation of the NEURC Regulations N954 and N995 of 7.06.2019, which set tariffs for Ukrenergo for electricity transmission and dispatch control services for the 2nd half of 2019 as a result of their appeal to the District Administrative Court of Kyiv.

Because of this, Ukrenergo is unable to perform all the functions entrusted to it as a result of the introduction of a new market, which will have a negative impact on all without exception of market participants, and first of all, on the Guaranteed buyer and, accordingly, electricity producers at the feed-in tariff.

NEURC today, on the 12th of July at its meeting. has set a new tariff from 01.08.2019 for electricity transmission for the NEC "Ukrenergo" for the second half of 2019, which is lower by 10% than that was challenge in court. In addition, during the meeting, the Regulator approved for discussion a draft resolution on establishing a tariff for dispatching services at the level of 8.9 UAH/MWh for Ukrenergo.

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