Latest market news as of April 20, 2023

Архів розсилок
2003_5
Читати українською

✔️ The Draft Law on energy security and green transformation of the energy system of Ukraine registered in the Parliament

On April 17, the Verkhovna Rada registered the Draft Law №9213 “On Amendments to Certain Laws of Ukraine on Restoring Energy Security and Green Transformation of the Energy System of Ukraine”. As explained in the justification, this act is aimed at supporting the development of renewable energy and the integration of “green” generation into the energy system and the electricity market, which will help reduce dependence on energy imports. Details. 


✔️The norm regarding the temporary mechanism of distribution of revenues of "Ukrenergo" from the crossing is planned to be returned

The norm, according to which NPC "Ukrenergo" can distribute the revenues received from the crossing to pay the debt to the "Guaranteed Buyer" and on the balancing market, is planned to be returned again. Yuriy Kamelchuk, People's Deputy, member of the Verkhovna Rada Committee on Energy and Housing, reported this in a comment for ExPro.

The distribution of Ukrenergo's revenues from the crossing in August-November 2022 took place in a 50/50 ratio for payments to Guaranteed Buyer and repayment of debts in the balancing market. According to ExPro calculations, Ukrenergo has already earned UAH 16.9 million. Details.


✔️ According to the results of the meeting of the NEURC on April 18, the Commission:

-Adjusted the cost of the service for increasing the share of electricity production from RES provided by Guaranteed Buyer in January - May, July, and October 2021 and in February - June 2022. Details.

- Approved the draft decision to amend Appendix 9 to the Rules of the "day-ahead" and intraday market." Details.


👉🏻The Regulator published the text of the Draft Law on the regulation of certain issues of holding joint auctions for the distribution of capacity of interstate crossings

The purpose of the adoption of the draft law is to ensure the timely preparation of the regulatory basis for ensuring the conduct of interstate commercial e/e exchanges within the framework of the synchronization of the IPS of Ukraine with the energy system of continental Europe and the introduction of the procedure for joint distribution of the carrying capacity of interstate crossings in accordance with the legislation of the Energy Community and the EU.

Comments and proposals are accepted until May 17, 2023 (inclusive) in paper and electronic form. Details.


 ✉️ The Verkhovna Rada established a one-time financial aid for damage to life and health caused by russian military aggression to employees of critical infrastructure facilities

On March 20, 2023, the Verkhovna Rada of Ukraine adopted the Law of Ukraine "On one-time monetary assistance for damage to life and health caused to employees of critical infrastructure facilities, civil servants, officials of local self-government as a result of the military aggression of russia against Ukraine."

The law provides for state support of certain categories of persons who became persons with disabilities in connection with injury, mutilation, contusion or as a result of illness, connected with the performance of official duties during the period of military aggression of russia against Ukraine in in areas of military (combat) operations or in areas subject to bombing, airstrikes and other armed attacks, and in the event of death of the specified persons - to support their family members.

Support is provided in the form of a one-time cash benefit, the amount of which depends on the severity of the injury or the occurrence of death. 

The law enters into force on May 1, 2023. Text of the Law.


✔️"Ukrenergo" and ENTSO-E have increased the possibility of importing electricity to Ukraine

Now it will be possible to import up to 1,050 MW of power from the Continental Europe zone to the Ukraine/Moldova block, which is 200 MW more than before. In the coming weeks, the operators of the transmission system of Continental Europe ENTSO-E will consider the possibility of further increasing the transmission capacity between continental Europe and Ukraine-Moldova in both directions based on the results of the evaluation of the power systems.  Source.


✔️From April 21, Ukraine will stop exporting electricity to Slovakia

The corresponding results are published on the auction platform of the NPC "Ukrenergo". Ukraine cannot increase the export of electricity to the countries of the European Union due to the lack of joint auctions for the distribution of transmission capacity.

Previously, there was an agreement between Ukraine and EU countries (Poland, Slovakia, Hungary) that bandwidth will be allocated using the site of a single distribution office at the Joint Allocation Office (JAO). In general, from April 17 to 19, the volume of electricity exported to Slovakia amounted to 14.4 thousand MWh. Thus, from April 21, Ukraine will be able to export electricity only to Poland (up to 75 MW) and to Moldova (up to 650 MW, but the need is much smaller).  Source.


👉🏻The share of HPPs in the structure of electricity production reaches 20% due to spring irrigation

NPC "Ukrenergo" informs that due to spring irrigation, the share of hydropower in the structure of electricity production in a certain period of time reaches 20%. "A lot of water in the rivers ensures the active operation of HPPs throughout the day, and even more growth of hydropower generation when covering the peak consumption in the morning and evening." Details.


👉🏻The European Parliament approved the CBAM and the reform of the emissions trading system

On April 18, the European Parliament approved five pieces of legislation from the Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030 (compared to 1990 levels). This is discussed on the institution's website. Among the approved acts are the Cross-Border Carbon Adjustment Mechanism (CBAM), designed to create a level playing field for producers in and outside the EU, and the reform of the EU Emissions Trading System (ETS).


✅The G7 countries agreed to accelerate the development of renewable energy

On April 16, the climate, energy and environment ministers of the G7 countries set new goals for the development of solar and wind energy. In their communique, the participants of the meeting promised to jointly increase the capacity of offshore wind farms by 150 gigawatts by 2030, and the capacity of solar farms - to more than 1 terawatt. They also agreed to accelerate the phase-out of burning fossil fuels without the use of C02 capture technologies to achieve zero emissions in energy systems by 2050 at the latest. Details.


✔️ EUEA as an information partner invites you to the annual Smart Building International Forum, which will be held on May 24-25, 2023 at the National Center "Ukrainian House" in Kyiv

A 20% discount on the stand is provided for all EUEA members participating in the exhibition area of the Forum. Details.

Registration.

34420_1
zavantazhennya_2_aa93075f
share_photo_facebook
post-reliz_12
1241px-Small_logo_of_the_Verkhovna_Rada_of_Ukraine
341879895_874639203602517_7888780328366825823_n
40b32c4172294fab4d4078ac680a1731
zavantazhennya_28f888ea
zavantazhennya_1_504b89d4
622462
24-25

Sincerely,

EUEA Team
Dorogozhytska str., 3, UNIT City, building B9, office 5, Kyiv, Ukraine
Mobile (WhatsApp): +38 091 331 0010

mailto: office@euea-energyagency.org   

Established in November 2009, European-Ukrainian Energy Agency (EUEA) has grown into an effective advocate for the realization of Ukraine’s massive renewable energy and energy efficiency potential, by working within Ukraine’s business community, government structures, and with other key energy market stakeholders.

EUEAMembers: 

Acciona, Beycelik-Elawan Renewable Energy LLС, CES, DTEK Renewables, EMERGY AS, EMSOLT, Electrum, Elementum Energy, Eurocape Ukraine, Fichtner, GOLAW, Guris, Green Genius, Green Future, GrECo Ukraine, GSE&C, iC consulenten, IMEPOWER, Indian Solar, Investment Fund for Developing Countries, Irshanska SES, Khmelnytsky Bio Power Plant, NOTUS Energy, Scatec Solar,  Sfera, Sumitomo, SPP Development Ukraine, Thermosystems, TIU Canada, Ukrwindinvestments.


Відправлено через

SendPulse