Business news from Ukraine

Business news from Ukraine

Electricity imports from Europe to Ukraine rise to 7,000 MWh

Electricity imports on January 21 will amount to almost 7 thou MWh – it is 290-291 MWh every hour, according to data on the website of the Continental Europe System Operators Network ENTSO-E.
According to the information, the electricity is supplied from Slovakia.
As reported on January 21, the interstate section of 290MW for every hour of the day was booked by “D.Trading”, 5MW for all hours of “ERU Trading”, as well as 1MW for three hours from 16:00 to 19:00″ August.
For Jan. 22, D. Trading and ERU Trading booked the same capacity plus 1 MW each for the two nightly hours of NAP Community.
A total of 300-350 MW was auctioned, depending on the hour of the day, with a buyout price of 0 UAH/MWh.
According to DaM Europe in the established JSC “Market Operator” Telegram channel, the average price for electricity on the Slovak Republic on January 21 – 130.83 EUR / MWh, in Ukraine, the price of electricity BASE period on the DAM – 83.71 EUR / MWh.
The import supply on January 21 is the third in January reflected on the ENTSO-E website. The first was on January 15 – a total of 655 MWh: three hours of 50 MW (from 02:00 – 05:00), the following hours of 125 MW, 170 MW and 150 MW, and from 21:00-22:00 another 20 MW. D. Trading (130 MW each for all hours), ERU Trading (20 MW each for all hours), and Nextrade (20-30 MW depending on the hour) booked the section for that day. The second was for January 20, 220 MW in the last hour of the day, the cross-section for which was bought by D.Trading.
The Cabinet of Ministers of Ukraine in early January approved a regulation on the peculiarities of electricity imports during the autumn-winter period of 2022/2023, which as an incentive for businesses to import more expensive European resource gave guarantees of non-disconnection on the volume of imported electricity. According to Energy Minister Herman Galushchenko at a briefing on 20 January, in order to receive guarantees of non-disconnection, businesses must import a significant amount of electric power in accordance with their consumption, indicating that “it cannot be 1 MW”.

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Electricity deficit in Kiev exceeds 50%

Kyiv is supplied with electricity by less than half, while a significant deficit remains in the energy system as a whole due to Russian terrorist shelling, NEC Ukrenergo said.
“As of this morning, there remains a significant capacity deficit in the energy system. Less than half of the consumption needs in the capital are being met, the priority is to supply power to critical infrastructure,” Ukrenergo said in its Telegram feed on Tuesday.
At the same time, the company expects that on Tuesday it will be possible to turn on certain equipment that will somewhat improve the level of supply reliability, reduce the power deficit in the capital’s power grid and power more consumers.
They drew attention to the fact that UAV bombardment of main grid facilities in the central region, which occurred on the night of December 19, as well as shelling in eastern Ukraine led to further damage to energy infrastructure and worsened the situation with power supply, in particular, in the central region and Kiev.
“Repair crews of Ukrenergo, generation and distribution system operators are making every effort to improve power supply,” the NEC noted.
As reported, the general director of the power supply company YASNO Sergey Kovalenko said Monday evening that the needs of the population in the capital can be met only by 20%, as a result, according to him, 10 hours without light in the capital – the reality at the moment.

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Ukrainian dairy plants will be provided with electricity as priority – association

The government has given the Ukrainian dairy sector enterprises priority in power supply, now. dairy plants will receive electricity next after critical infrastructure facilities and enterprises of the military-industrial complex
According to the website of the industry association “Union of Dairy Enterprises of Ukraine” (SMPU), giving the industry priority in power supply speaks to the government’s recognition of the importance of dairy processing for the country’s food security.
“UMSU thanks Prime Minister Denis Shmygal for giving dairies priority in determining groups with priority power supply. Milk processing plants are categorized as a business that produces critical goods and products and are included in the third highest priority group, after critical infrastructure groups and facilities that work for national defense,” the organization said in a statement on its website.
The JMPU also asked the government to accelerate the provision of generators to dairy companies on terms that would ensure the availability of this equipment and help the industry maintain uninterrupted operation in conditions of power outage.
As previously reported, the SMPU urged the Ministry of Energy and NEC “Ukrenergo” to agree on the schedule and amount of electricity supplied to the dairy processing enterprises of the industry, in order to maintain the milk production and processing industries and prevent a reduction of livestock.
In early November, the association appealed to the Office of the President, the regional military administrations (RMA), the Ministry of Energy, the Ministry of Economy and the Ministry of Agricultural Policy with a request to provide uninterrupted power supply to the dairy plants. This is necessary because the enterprises, due to regular blackouts, are at risk of spoiling hundreds of tons of raw milk, or they will be forced to stop buying raw milk, which may force the related branch of milk production to reduce the number of cows.

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There is no electricity in Moldova either

Mass power outages have begun in Moldova due to damage to the Ukrainian energy system, Deputy Prime Minister and Minister of Infrastructure and Regional Development Andrei Spynu said.
“Today we have a repeat of the situation of November 15. After the damage to the Ukrainian energy system in the last hour, we have mass power outages across the country. Moldelectrica is working to restore electricity connections,” Spynu wrote Wednesday on social media.

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DTEK supplied over 250 million hryvnias worth of electricity to military and medics

DTEK Energy Holding within the framework of Rinat Akhmetov’s Steel Front initiative in February-September this year supplied Ukrainian military and medics with over UAH 250 million worth of free electricity.
“Overall, medical and military institutions in Kyiv, Dnipropetrovsk and Donetsk regions received 45.15 million kWh of electricity. This allowed the state budget to save 250 million UAH and direct these funds to the urgent needs of the defense,” the holding said in a release on Friday.
According to it, more than 100 state and municipal medical institutions, as well as military and security agencies are provided with free electricity.
In particular, electricity is provided to Dnipropetrovsk Regional Clinical Hospital named after I.I. Mechnikov, Dnipropetrovsk Regional Children’s Clinical Hospital, Kyiv City Clinical Hospital № 8, and others.
DTEK’s press service clarified to Energoreform that supplies of free electricity continue.
The company noted that since the beginning of the war, SCM businesses, which includes DTEK, have sent more than UAH 3 billion to help Ukraine and Ukrainians, including as part of the Rinat Akhmetov Steel Front military initiative, in particular, over 150,000 bulletproof vests, over two thousand drones and radios, 700 cars, 0.5 million liters of fuel and others were made and transferred.

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Germany introduces a surcharge for tourists for electricity

The energy crisis and inflation are creating serious problems for restaurants and hotels in Germany, to reduce increased costs, entrepreneurs are introducing additional fees for electricity and heating, according to Redaktions Netzwerk Deutschland (RND).
“Rising energy costs are making it difficult for the hospitality industry. Some hotels expect to spend an additional €200,000 on heat and electricity every year. To cover these costs, more hotels and restaurants are introducing a flat energy rate of €3.9 per night. This is intended to offset at least some of the extra costs.
As the portal notes, one of these hotels is the five-star Bareiss in Bairsbronn in Baden-Württemberg. From September, the hotel charges 9 euros more per person per night, and also reserves the right to raise the rate further.
According to hoteliers, accommodations are heavily dependent on gas and electricity, so energy costs are rising exponentially. In addition, the business began to spend more on the salaries of employees.
In turn, at The Hearts Hotel boutique hotel in the Braunlage resort in Lower Saxony, each guest currently pays an additional 3 euros per day for electricity.
According to forecasts by the chairman of the German Association of Hotels and Restaurants (Dehoga) Axel Strehl, a similar problem will affect about 10% of accommodation in Germany.
According to RND, a similar situation is developing in restaurants in Germany. So, each visitor to the Zum Grünen Hof restaurant near Bremen must pay an additional 1.5 euros. At the same time, according to the owner, the visitors supported the businessman and are ready to pay even more if it helps to keep the establishment running.

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