Business news from Ukraine

Business news from Ukraine

Energoatom joined balancing group of its own trading company EA Trade

On February 21, 2026, JSC NAEK Energoatom joined the balancing group of EA Trade LLC, whose sole founder and participant is NAEK, the company announced on its Telegram channel on Monday.

“To this end, the parties have entered into an agreement on participation in the balancing group of EA Trade LLC in accordance with the Market Rules (…) and, in accordance with the established procedure, agreed with NPC Ukrenergo on a change in the party responsible for the balance,” the statement said.

Energoatom explained that participation in the balancing group will reduce the company’s costs for settling electricity imbalances and significantly speed up the receipt of funds for imbalances, which are currently paid by the transmission system operator Ukrenergo with a delay of several months.

According to the Market Rules, all market participants, except consumers, are responsible for their electricity imbalances. Each market participant is required to become a BSO or transfer its financial responsibility for imbalances to another BSO.

According to information from Opendatabot, EA Trade LLC was founded on September 23, 2025, with a registered capital of UAH 50 million. 100% of the company’s shares are owned by NAEK Energoatom.

The director of EA Trade is Viktor Kachurenko, who previously headed Shell Oil Products Ukraine LLC and Shell Energy Ukraine, which specialize in trading various types of fuel. Currently, both companies are in the process of being dissolved.

As stated on the website, EA Trade is a modern company specializing in trade in the energy sector. Its goal is to ensure efficient, transparent, and competitive trade in electricity, contributing to the stability of the energy system. The website does not mention the likely participants in the balancing group and the company’s customers.

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