Business news from Ukraine

Business news from Ukraine

Ukraine has increased electricity exports 12 times in February compared to January

Ukraine in February 2024 compared to January has increased the volume of electricity exports 12 times, but reduced the volume of imports by a third, DiXi Group reported with reference to the Energy map portal.

As noted in its report on Friday, Ukraine exported a total of 63.1 thousand MWh (5.2 thousand MWh in January – ER), of which the most – 32% (20 thousand MWh) went to Moldova. Another 30% (19.1 thousand MWh) went to Romania, 20% (12.6 thousand MWh) – to Poland, 14% (9 thousand MWh) – to Slovakia, 4% (2.4 thousand MWh) – to Hungary, to which electricity supplies were resumed after a two-year break with the introduction of joint auctions for the allocation of sections.

It is noted that after February 11, exports exceeded imports on almost all days.

However, at the end of the month, imports were 21 MWh more than exports, totaling 84.1 thousand MWh (one-third less than January’s 122.8 thousand MWh).

40% (33.6 thousand MWh) of this volume came from Slovakia, 34% (28.7 thousand MWh) – from Romania, 16% (13.6 thousand MWh) – from Poland, 7% (6.2 thousand MWh) – from Moldova, 3% (2.1 thousand MWh) – from Hungary.

DiXi Group experts point out that in February 2023 there were no exports at all, while imports were 41% higher at 141.8 thousand MWh.

They also note that last month Ukraine received five times (February 2, 4, 27-29) emergency aid from Poland, which bought back surplus Ukrainian electricity – a total of 5.9 thousand MWh.

On February 7, Ukraine accepted excessive 1.2 thousand MWh from Poland as emergency aid.

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No electricity deficit in Ukraine – Ministry of Energy

There is no shortage of electricity in Ukraine, with 19 generating units of thermal power plants in reserve in the energy system, which will be used if necessary, the Energy Ministry said. According to its update in its Telegram channel on Sunday, electricity imports of 425 MWh are forecast for the current day, up a third from Saturday, and exports of 2,300 MWh are expected, down 6% from yesterday’s figure.

At the same time because of the hostilities remain without light, in particular, more than 43 thousand consumers in 75 settlements of Donetsk region, 25.8 thousand consumers in 45 settlements of Kherson region, 15.5 thousand subscribers in 63 settlements of Kharkiv region, 1119 consumers in 17 settlements of Chernihiv region. In Kherson without voltage – 12.6 thousand consumers. In addition, after shelling from the Russian border 1229 consumers in 6 settlements of Sumy region were de-energized. Repair crews will start work as soon as the security situation allows.

There are also blackouts for technological reasons: almost 5 thousand consumers were left without light in Kyiv region, where 2 overhead lines 10 kV were disconnected, more than 400 consumers – in Odessa region, where 10 kV overhead line was disconnected, and 899 consumers in Sumy region.

As noted by the Ministry of Energy, over the day the energy sector energized 10.4 thousand consumers, most of them in Donetsk region – 9.5 thousand subscribers.

Power supply was also resumed to 405 household and 41 legal consumers in five settlements of Mykolayiv region, which were disconnected due to the fall of debris from a downed UAV on an overhead power line.

As for the situation with gas supply, the Energy Ministry once again reports accidents due to improper use of the resource. Thus, in Kryvyi Rih, according to the preliminary version, due to carbon monoxide poisoning, a woman and a man died. In one of the settlements of Brovarsky district of Kyiv region, probably carbon monoxide poisoned three residents of a private house, but they are in satisfactory condition.

In Dnipro, as a result of a traffic accident, a low-pressure gas pipeline was damaged, there was a gas leak, 22 consumers were disconnected from its distribution.

In Lviv, unknown persons shut off the tap at the gas pipeline inlet to an apartment building – gas supply to 123 apartments was cut off.

As a result of shelling damaged gas distribution networks in Kharkiv region, disconnected 6 consumers.

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As of September 13, 434 settlements in Ukraine remain without electricity

As of September 13, 434 settlements remain without electricity due to hostilities and other reasons, NPC Ukrenergo reported on Telegram on Wednesday. “As a result of Russian artillery shelling of the frontline territories, there are new damages to the networks in Donetsk and Kharkiv regions. The power is being restored in a security situation and with the permission of the military,” the company said.

Due to technical reasons, there are also de-energized consumers in the city of Odesa. Restoration works are underway.

According to Ukrenergo, on Tuesday, September 12, the evening maximum consumption was 2% higher than on Monday, September 11.

Today, on Wednesday, electricity is being imported and exported from/to Slovakia and Moldova.

“Today we are importing electricity from Slovakia and Moldova. The total volume is 525 MWh, with a maximum capacity of up to 144 MW in some hours,” the NPC said.

In turn, on Wednesday, exports are carried out to Slovakia and Moldova in the total amount of 4260 MWh, with a maximum capacity of up to 392 MW in some hours.

“Ukroboronprom” found more favorable electricity supplier and saved UAH 50 mln

The joint-stock company Ukrainian Defense Industry (UDI) has saved almost UAH 50 million when jointly purchasing electricity in the Prozorro system for about 60 of its enterprises from the state-owned energy trader Energy Company of Ukraine JSC (EKU JSC).

According to a Ukroboronprom press release on Thursday, the total amount of the purchase exceeds UAH 1 billion.

“Six leading domestic electricity suppliers – both state-owned and private – took part in the auction, which was held in three lots. The competitive struggle continued until the last step of the auction. The winner was the state energy trader JSC “EKU”, – stated in the document.

As noted in “Ukroboronprom”, it is the centralized purchase of electricity, which did not take place, for example, in 2022, allows for significant savings.

“We are changing the procurement system of Ukroboronprom.” Savings are very important for us, because they can be directed to the development of the production potential of enterprises”, – said the Director General of “Ukrainian defense industry” German Smetanin.

In turn, as noted by Vitaliy Butenko, General Director of JSC “EKU”, whose words are quoted in the press release, the victory at such an important auction confirms the competitiveness of the state not only in the production of electricity, but also in the segment of energy trading.

“The intensification of competition due to the entry of the state energy trader into the market gives a win-win result. On the one hand – a significant reduction of state-owned companies’ expenditures on electricity procurement. On the other hand – an increase in the state’s revenues from trading in those segments of the energy market where it was almost absent before,” he added.

The state-owned energy trading company JSC Energy Company of Ukraine (JSC EKU) operates in the domestic and foreign energy markets. A modern trading platform is being created on the basis of JSC EKU, which will allow the state to become an efficient and competitive player in the energy markets of Ukraine, Europe and, in the future, in the global energy markets.

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Ukraine’s electricity imports from Slovakia rose by 27% on Sunday

The volume of electricity imports from Slovakia rose 27.3 percent on Sunday compared to Saturday to 4,427 MWh per day, according to data on the website of Continental Europe Transmission System Operators Network ENTSO-E.
According to the site, imports came in 16 hours a day from 6:00 a.m. to 10:00 p.m. at capacities of 10-350 MW. The maximum allowed cross-sectional capacity for imports in the Slovak direction is 350 MW, and on Sunday it was at that capacity for three hours. A total of 10 hours recorded capacity in excess of 300 MW.
At the same time, imports for Monday dropped almost 10 times to 476 MWh per day.
At the same time, according to ENTSO-E data, power exports to Poland, after Monday’s weekend absence, were carried out for nine night and day hours at a capacity of 200 MW – a total of 1,800 MWh per day.
For Moldova, no data on both imports and exports have been available since early June.
As previously reported, electricity supplies from Slovakia were planned at 7.1 thousand MWh per day on June 3 and 7.5 thousand MWh per day on June 4. For comparison, during the first two days of June just under 1.5 thou. MWh was received. A record number of traders participated in the auctions to allocate cross-section capacity on those days – 16 and 17 traders, respectively. Nevertheless, on Saturday, traders absorbed only half of the redeemed cross-section, supplying 3,477 MWh of electric power per day.
Vitaliy Butenko, head of the Energy Company of Ukraine (EKU), commented on the traders’ activity over the weekend: “At the weekend, prices in Slovakia are significantly lower than electricity prices in Ukraine. This trend has been observed for several weeks in a row, which makes it possible to provide additional amounts of electricity to support the Ukrainian energy system.

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Ukraine exported 90 thousand MWh of electricity in April, with Moldova as the main market

Electricity exports, which resumed in April after being halted in October, totaled 89,700 MWh for the month, according to data on the website of the ENTSO-E network of continental European system operators.

Most of the electric power was exported to Moldova – over 40 thousand MWh, another 30.4 thousand MWh was supplied to Poland and 19.2 thousand MWh – to Slovakia.

For Moldova, traders have been gradually increasing their booked cross-section capacity for exports and in recent days have booked about 85-95% of the 650 MW of offered hourly capacity. The market claims that most of the electricity supplied to Moldova goes on to Romania.

On the whole, the biggest volumes were reserved by “ECU” (150 MW per hour), PrJSC “Ukrhydroenergo” (100 MW per hour), “D. Trading” (130 MW per hour), “Artlex Energy” and “Sipige Energy” (mostly 50 MW per hour). DE Trading, ERU Trading, EES, Kub Energy, Smart Grid Ukraine, NAP-Comunity, NAP-Comunity Trading, and Astat Energy also booked the section. Besides, on April 26, Centrenergo PJSC started exporting electricity, having booked 10-11 MW per hour.

DTEK Zakhidenergo exports electricity to Poland, traditionally at 1800 MWh per day, reserving for this purpose the maximum at this time of the cross section capacity – 75 MW per hour.

The section to Slovakia, the only one paid by traders because of the great interest and competition in this direction, was shared by DTEK Zakhidenergo, which bought up to 146 MW of its 200 MW hourly capacity, DE Trading (about 50 MW), ERU Trading, Le Trading Ukraine, TES and once state energy trader EKU, which bought 10 MW for one hour.

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