📌In January-May 2023, the Guaranteed Buyer paid UAH 8.4 billion to RES producers According to the SE "Guaranteed Buyer", payments for electricity purchased in 2022 amounted to UAH 0.2 billion, for five months of 2023 - UAH 8.2 billion. As of May 26, the company paid 99% for 2021, 53.3% for 2022, and 59.6% for electricity purchased in 2023. In particular, for April 2023 - 56.3%, May - 42.89%. The NPC "Ukrenergo" debt reaches UAH 19.3 billion. |
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👉🏻NEURC cancels price restrictions on the electricity market from June 30 The Regulator has decided to cancel the price restrictions on electricity, the so-called price caps, established by Resolution No.332 of February 25, 2022. The decision of the NEURC will enter into force on June 30. In this way, the regulator canceled the lower and upper price limits on the day-ahead and intraday market segments of the electricity market. We are talking about the points that set the maximum prices on the electricity market at the level of UAH 2,000 per MWh for hours of minimum load and UAH 4,000 per MWh for hours of maximum load. Source. |
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🤝The Cabinet of Ministers raised the electricity tariff for households to UAH 2.64/kWh The Government approved a decision to increase the electricity tariff for households to UAH 2.64 per kW. According to the Minister of Energy of Ukraine, German Galushchenko, this decision is extremely difficult, but necessary for large-scale preparation of the power system for the next heating season, which is underway at the country's energy facilities. Details. Resolution. It should also be noted, that the Energy Community Secretariat praises the Ukrainian Government for its recent measures to bring electricity prices for the population closer to cost-reflective levels. "By moving towards cost-reflective pricing, this initiative will help alleviate the negative impact of the current PSO Act on the electricity market and its participants. It will also contribute to reducing cross-subsidization, enhancing market transparency, and promoting energy efficiency" - noted on the website of the Secretariat. Source. |
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📊 Interview of the Chairman of the Board of NPC "Ukrenergo" Key issues from the interview of the Chairman of the Board of NPC "Ukrenergo", Volodymyr Kudrytskyi, to Forbes.ua about the energy system restoration: - There are plans to change the format of the power system in the coming years. We are talking about the construction of new power plants, which will be smaller in scale and will operate on a cheaper renewable resource. Wind, sun, biofuel - these resources are cheaper than coal and gas.
- The entire energy industry will need $5.7 billion in the coming years. Ukrenergo itself, according to experts, already needs approximately $1 billion for the restoration and protection of facilities.
- Our key donors are EBRD, the World Bank, EIB, KfW, USAID, and UNDP. We received loans and grants in the amount of almost €600 million from international financial organizations and the governments of European countries.
- Currently, the permitted import is 1050 MW, export is 400 MW. The volumes of permitted exports will gradually increase and approach imports.
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♻️ Results of import and export of electricity in May According to the results of May, Ukraine imported almost 18 thousand MWh from Slovakia and 5.6 thousand MWh from Moldova. The increase in imports was caused by a decrease in prices on European markets. In May, exports took place in two directions - Moldova (57.5%) and Poland (42.5%). Ukraine lost the opportunity to export to Slovakia due to inconsistencies in conducting auctions for the allocation of bandwidth. Source. |
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👥 The Export Credit Agency will insure investments in Ukraine against war risk The Ukrainian parliament adopted a draft law№9015 regarding insurance of investments in Ukraine against war risks. The document is intended to create conditions for scaling up investment in Ukraine during military operations and post-war reconstruction. The document enables the Export Credit Agency (ECA) to insure domestic investments. However, this is only under the condition that they are directed to creating facilities and infrastructure necessary for developing the processing industry and exporting work product (goods, services) of Ukrainian origin. Details. |
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⚡️Denmark launched a special investment fund for Ukraine worth $133 million During the Ukrainian Investment Forum, it was announced that a social programme of the Danish Investment Fund for Ukraine will be launched, totalling DKK 1 billion, which is approximately USD 133 million. Thus, the special investment fund created for Ukraine will finance projects involving the best Danish technologies and innovative solutions and will be available to both the public and private sectors," said Yuliia Svyrydenko. Source. |
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✅The EU recommends its members to stop supporting energy prices The European Commission recommended on Wednesday that all EU governments end support measures for energy prices by the end of this year to keep public finances in check and stay in line with proposed new fiscal rules in 2024."We recommend that our member states move towards more prudent fiscal policies," Commission Vice President Valdis Dombrovskis told a news conference. Resource. |
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☀️28th Athens Energy Community Electricity Forum On June 7-8, 2023 the 28th Athens Electricity Forum will take place. Participation is also available online. Forum panels: - Paneд I: Follow-up of emergency measures and the need to reduce energy demand
- Panel II: Electricity market reforms and new design elements
- Panel III: Energy Community fit for CBAM
- Panel IV: The road to the European single market coupling – setting the navigation right
- Panel V: Regional TSO cooperation – building block to Europe’s security of supply
- Panel VI: Boosting renewables – are power systems and markets ready?
Agenda and Registration. |
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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 |
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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, Goldbeck Solar, 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. |
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