From July 27 to August 2, Ukraine reduced electricity imports by 32.0% compared to the previous week—to 22,600 MWh—while exports rose by 49.6%—to 84,200 MWh, according to the DIXI Group analytical center, citing data from Energy Map.
“Thus, Ukraine has maintained its status as a net exporter for the fourth consecutive week: the volume of electricity supplied abroad exceeded imports by a factor of 3.7,” the center noted.
Last week’s export growth was driven by increased demand for electricity in European countries due to hot weather and competitive pricing conditions. Throughout the week, prices on Ukraine’s “day-ahead” (DAA) market remained lower than on the DAA markets of neighboring Eastern European countries.
According to Energy Map, Hungary accounted for the largest share of imports last month—7.8 thousand MWh, or 34.6%. Romania accounted for 6,900 MWh (30.4%), Slovakia for 5,900 MWh (26.3%), and Poland for 2,000 MWh (8.7%).
Exports, in turn, took place daily, and their daily volumes throughout the week were 2–6 times higher than imports.
Hungary also remained the main export destination, with 36.3 thousand MWh (43.1% of total exports) supplied there. Exports to Moldova totaled 25.8 thousand MWh (30.6%), to Romania – 18.9 thousand MWh (22.5%), to Slovakia – 3.1 thousand MWh (3.7%), and to Poland – 0.1 thousand MWh (0.1%).
Compared to the previous week, exports increased by 7–70% for most destinations.
Heating bills were the main reason for the initiation of enforcement proceedings related to utility payments in Ukraine during the first half of 2026. Over the course of six months, 46,186 thousand enforcement proceedings were initiated regarding heating debts. These cases account for 42.5%, or, rounded, 43%, of all new utility debts, according to Opendatabot.
In second place are debts for water supply—19,416 thousand cases, or 17.9%.
Another 12,648 thousand cases, or 11.7%, are related to payments for housing maintenance services. Gas supply accounts for 11,538 thousand cases, or 10.6%, while electricity accounts for 9,947 thousand, or 9.2%.
A total of 7,020 thousand cases were opened due to debts for waste collection, while another 1,806 thousand were related to other types of utility services.
The largest group of debtors consisted of Ukrainians aged 46 to 60—they accounted for 38,119 thousand cases, or 35.1%.
People over 60 accounted for 27,695 thousand cases, or 25.5%, while citizens aged 36 to 45 accounted for 26,076 thousand, or 24%. The share of debtors under 35 was about 15%.
Women were involved in 60,141 thousand new cases, that is, more than half of all cases. The highest number of cases against a single individual in 2026 was recorded for a resident of the Mykolaiv region born in 1952—15 cases, all due to electricity debt.
In total, 108,561 thousand proceedings regarding utility debts were initiated in Ukraine from January through June. Of these, 70,206 thousand—or 65%—remained open and unpaid as of early July.
PJSC “Zaporizhzhia Ferroalloy Plant” (ZZF) reported a 17.2% decrease in net profit for January–June of this year compared to the same period last year, down to 103.958 million UAH.
According to the company’s interim report, published in the disclosure system of the National Securities and Stock Market Commission, the plant increased its net revenue by 9.1% during the reporting period, to 816.929 million UAH.
Retained earnings as of the end of June of this year amounted to 1 billion 900.380 million UAH.
The management report notes that operating the furnaces in a balancing mode between periods with the highest electricity costs is a strategy the company developed in the first quarter, which helped reduce production losses in the second quarter as well. Constant monitoring and analysis of the electricity market, along with collaboration between the production and finance departments, made it possible to develop and implement measures that optimized production schedules to avoid significant production losses and minimize losses as much as possible: April – estimated reduction in losses of 4.9 million UAH (excluding VAT), including a reduction of 3.6 million UAH due to electricity prices; estimated metal losses due to high electricity prices – 95.3 metric tons; May – estimated reduction in losses of 12.4 million UAH (excluding VAT), including a reduction of 4.18 million UAH due to electricity prices; estimated reduction in metal losses due to high electricity prices – 168.2 metric tons; June – estimated reduction in losses of 3.04 million UAH (excluding VAT), including a reduction attributable to electricity prices of 5.2 million UAH; estimated metal losses due to high electricity prices – 130.8 metric tons.
Regarding electricity costs—during the war, prices for electricity and its transmission more than doubled, solely due to increases in ceiling prices and tariffs for transmission and distribution services. Estimated losses for the second quarter of 2026 amounted to 6.1 million UAH (including VAT), including: – due to an increase in the tariff for electricity transmission services via the NEC “Ukrenergo” (+4% compared to the rate in effect in the first quarter of 2026, or 29.23 UAH/MW (excluding VAT)), additional expenses for the second quarter of 2026 were estimated at 0.88 million UAH (including VAT) – due to an increase in the distribution tariff of JSC “Zaporizhzhiaoblenergo” (+7.1% compared to the rate in effect in the first quarter of 2026, or 20.80 UAH/MW for the first voltage class; +3.7% compared to the rate in effect in the first quarter of 2026, or 102.38 UAH/MW for the second voltage class), additional expenses for the second quarter of 2026 were estimated at 0.42 million UAH (including VAT)—due to an increase in the RDN price caps effective April 30, 2026 (up to 15,000 UAH/MW (excluding VAT) during all hours), the estimated additional expenses for the second quarter of 2026 amounted to – 4.8 million UAH (including VAT).
In addition, due to the inability to promptly sell the purchased electricity, the company incurred additional losses resulting from imbalances—losses caused by ill-considered price caps in the balancing market. If the company does not draw the purchased volume of electricity, the remaining amount is directed to the imbalance market, where the purchase price for the company may be 0.01 UAH per 1 MW. In other words, we buy for 3,000–15,000 UAH but sell for 0.01 UAH. Conversely, if the company purchases more than it needs, the price for the excess is marked up by 5% to as much as 100–8,000%. This alone caused the company to lose 0.2–0.4 million UAH per month, and for the second quarter of 2026, estimated losses totaled 0.58 million UAH, including VAT. New technologies for the production and use of raw materials are being developed.
In June, two pilot-scale production campaigns were conducted: – production of MnS17P10 using the company’s own raw materials from ferromanganese production. The feasibility of production meeting the specified quality characteristics was demonstrated; – production of FMn78 using Grade 1b ore as an alternative to Grade 1 ore with a higher manganese content as the primary element. The results confirmed the feasibility of producing metal with specific quality characteristics.
Measures to optimize staffing levels, which were gradually implemented at the enterprise amid mobilization and to ensure minimal operations, led to a significant reduction in personnel.
“Currently, only the best professionals remain—those who have been working for many years and know and understand ferroalloy production. And this staff has remained, for now, to operate 3 furnaces (out of the 31 available),” the report states.
The actual number of employees as of June 24 of this year is 1,037. At the same time, to maintain the company’s image as one that implements new technological and technical solutions amid a complex economic and political situation, it became necessary to respond promptly to changes in the company’s operating conditions: – a constant search for potential markets for its core and other commercial products; – increasing the competitiveness of its products and, as a result, setting a primary objective; – finding ways to reduce costs in the production of both core and other products.
Based on the results of operations for the second quarter of 2026, the company reports the following key figures: The volume of commercial ferroalloy production amounted to 6,000 metric tons, with 7,800 metric tons sold for a total of 503.6 million UAH, including VAT. During the second quarter of 2026, taxes totaling 18 million UAH were paid to the state and local budgets, including to the state budget: customs duties—4.6 million UAH, military levy – 2.7 million UAH, and environmental tax – 0.2 million UAH; and to the local budget: personal income tax – 9.7 million UAH, and environmental tax – 0.2 million UAH.
In addition, a unified social contribution of 11.6 million UAH was paid. The main achievements of the second quarter include maintaining production operations despite low product prices and the steady rise in electricity and transportation costs. Plans are in place to continue operations within established targets, taking into account best practices across all areas of the company. New methods of motivating and rewarding staff are being developed.
The report notes that to reduce dependence on external factors affecting electricity supply—based on experience with the consequences of power grid failures — the company built and commissioned its own 0.8 MW/h solar power plant in December 2024 to meet its own needs. Since the project’s implementation, 980.6 MW of electricity has been generated. This has reduced electricity procurement costs by 4.51 million UAH and represented a significant step forward in developing the company’s modern, decentralized power supply.
Total sales for the reporting period amounted to 14,554 thousand metric tons of ferroalloys, worth 815.845 million UAH. Exports totaled 3,604 thousand metric tons of ferroalloys (23% of total ferroalloy sales for the first half of 2026).
As previously reported, based on its performance in January–March 2026, ZZF saw its net loss increase 2.4-fold compared to the same period last year—from 34.731 million UAH to 84.689 million UAH, while net revenue increased by 26.3%—to 377.006 million UAH from 298.557 million UAH.
Based on its 2025 results, ZZF reduced its net loss by 98.5% compared to 2024—to 27.962 million UAH from 1 billion 862.784 million UAH. At the same time, the plant increased its net revenue by 55.7%—to 1,522.567 million UAH from 977.660 million UAH.
In 2024, ZZF doubled its net loss compared to the previous year—to 1,862,784 million UAH. At the same time, net revenue decreased by 34.7%, to 977,660 million UAH.
PJSC “Zaporizhzhia Ferroalloy Plant” is one of Ukraine’s two main producers of these products.
According to the National Securities and Stock Market Commission’s data for the fourth quarter of 2025, Matrimax Limited and Soltex Limited each own 22.4486% of the company’s shares, Tapesta Limited owns 18.8903%, Walltron Limited (all based in Cyprus) holds 18.642%, and Halefield Holdings Limited (Belize) holds 7.7508%.
The authorized capital of ZZF PJSC is 227.955 million UAH, and the par value of one share is 0.1 UAH.
According to the results of the first half of 2026, the distribution system operators (DSOs) of DTEK Networks continue to expand the automated commercial electricity metering system (ACEMS), which allows for real-time monitoring of electricity consumption.
“During the first half of 2026, specialists installed nearly 136,000 smart meters in Kyiv, Kyiv, Odesa, and Dnipropetrovsk regions, which is 37% more than during the same period last year,” the operating holding reported on Wednesday.
The pace of smart meter installation continues to grow, and currently, one in three customers in Kyiv, Kyiv, Odesa, and Dnipropetrovsk regions is already using them.
It is noted that smart meters are part of the ASKOE system. They automatically transmit readings to the distribution system operator (DSO), which simplifies the process of accounting for electricity consumption and allows utility companies to more quickly obtain information about the state of the grid and analyze consumption.
As explained by DTEK Networks, for customers, the installation of these meters means less hassle with regularly submitting meter readings and more accurate tracking of electricity consumption.
The implementation of the ASKOE system is taking place as part of an investment program approved annually by the energy regulator, the NEURC.
“You can find out if a meter replacement is scheduled for your home this year on your distribution system operator’s website,” the company explained to consumers.
The installation of smart meters is part of the “Network of the Future” project aimed at modernizing energy infrastructure and implementing Smart Grid technologies.
“DTEK Networks” operates in the business of electricity distribution and power grid operation in Kyiv, as well as in the Kyiv, Dnipropetrovsk, Donetsk, and Odesa regions. The company’s distribution system operators serve 5.1 million households and 150,000 businesses.
JSC “NAEK “Energoatom” has fully fulfilled its special obligations to ensure the availability of electricity for residential consumers (PSO), aimed at making it more affordable, by covering 100% of the cost of the service for the first half of 2026, amounting to 131.116 billion UAH (including VAT), the company reported on Tuesday.
“The company continues to bear the main financial burden of ensuring the PSO mechanism. Thanks to Energoatom’s contributions, the state maintains electricity rates for millions of Ukrainian families at a level below market rates,” NAEK noted.
Currently, Energoatom has no outstanding debt to JSC “Guaranteed Buyer” for the PSO service.
In total, during the years of Russia’s full-scale war against Ukraine—from 2022 to 2025—Energoatom paid over 528.900 billion UAH (including VAT) for the PSO service.
As previously reported, in 2025, Energoatom paid 168.546 billion UAH for the PSO and transferred over 44.5 billion UAH to the state budget.
The Cabinet of Ministers of Ukraine, by Order No. 399-r dated April 29, 2026, “On the Annual General Meeting of JSC NAEK ‘Energoatom,’” approved a net profit of 18,688,306,075 UAH, in accordance with the company’s consolidated financial statements for 2025. The government allocated 50% of the profit, amounting to 9,344,153,037.5 UAH, to the payment of dividends to the state budget.
There are nearly 90,000 residential solar power plants in Ukraine operating under the “green” tariff, according to the National Commission for State Regulation of Energy and Public Utilities (NKREKP).
“As of May 25, universal service providers had signed 86,691 contracts with owners of residential solar power plants. This means that more than 86,000 Ukrainian families have become participants in the energy market—not only consuming electricity but also generating it,” the energy regulator’s website states.
According to NEURC estimates, during the first five months of 2026, private households in Ukraine generated 544.8 million kWh of electricity from renewable sources, which was fed into the power grid under the “green” tariff mechanism.
“In January–May 2026, more than 3.28 billion UAH was paid for electricity generated by private households,” the NEURC noted.
The largest number of residential solar power plants operate in the Kyiv, Dnipropetrovsk, Zakarpattia, Ivano-Frankivsk, Ternopil, Chernivtsi, Lviv, Odesa, Kirovohrad, and Khmelnytskyi regions.
According to the energy regulator, under martial law, residential generation takes on particular importance, as it helps increase the flexibility of the power system, maintain the reliability of electricity supply, and strengthen the energy resilience of communities.
“The NEURC provides the regulatory framework for the operation of the ‘green’ tariff mechanism and residential power generation. Thanks to the established rules, owners of solar power plants can connect their installations to the power grid and sell surplus electricity,” the commission emphasized.
The regulator noted that the European energy model envisions an active role for the “prosumer”—a market participant who both consumes and generates electricity. As it pointed out, Ukraine is gradually implementing such approaches, creating a more decentralized and resilient power system.
The NEURC did not specify the total capacity of residential solar power plants for security reasons, but market participants estimate it could be up to 2 GW. Before the war, the number of residential solar power plants was reported to be 40,000–45,000, with a combined capacity of up to 1 GW.
According to expert estimates published in open sources, Ukraine consumes approximately 60–65 billion kWh over a six-month period. Based on these figures, the electricity generated by residential solar power plants in January–May accounted for slightly more than 1% of consumption. It should be noted that grid-connected solar power plants without storage systems do not operate during power outages, which significantly affects their efficiency. At the same time, electricity stored in the battery is not accounted for by the grid.
ELECTRICITY, green tariff, HOUSEHOLD, NEURC, SOLAR POWER PLANT
