Over the past month, the Ukrainian Energy Exchange held 111 trading sessions on the BETS, 73 auctions for the purchase and sale of electricity on the BETS in the “Electric Power” version, and four trading sessions each day on the short-term natural gas market.
As a result, 3,473.43 thousand MWh of electricity, 181.26 thousand metric tons of crude oil and gas condensate, 12.2 thousand metric tons of liquefied gas and petroleum products, 28.97 million cubic meters of natural gas, and 168.86 metric tons of raw materials were sold. In addition, 280 auctions were held in May in the “Raw Timber and Lumber” category. The total sales volume for this category amounted to 46.21 thousand cubic meters.
“Market-based instruments in the energy sector today play a decisive role in the industry’s development and in strengthening economic stability. Thanks to the capabilities of the Ukrainian Energy Exchange, market participants can interact effectively on a daily basis and find reliable counterparties for the purchase and sale of energy resources and electricity. We continue to work consistently to increase the transparency and efficiency of the energy market: we are developing new services, improving trading mechanisms, and maintaining high standards of organized exchange trading,” concluded O. Kovalenko, CEO of the UEB.