Proceeds from sales of NPC Ukrenergo’s available interstate transmission capacity for electricity exports to Romania and Slovakia amounted to UAH 200.3 million since the opening on June 30.
These data are based on the results of the latest auctions in the Romanian and Slovak directions, held on July 10 with delivery on July 12. According to them, the section price to Slovakia was UAH 10.3 million and to Romania – UAH 10.2 million.
Traditionally, the most active participants in these auctions are DTEK Zakhidenergo, ERU Trading, and Le-Trading Ukraine.
At the same time, Energoatom began to participate in auctions for the export of electricity to Slovakia from the moment they started on July 5 for supplies on July 7 (two days before delivery). For the first time, the company bought almost 500 MWh of the possible 1200 MWh for export at the auction on July 9 with delivery on July 11. The plans for July 12 are to export 131 MWh.
At the same time, Ukrhydroenergo, which for the first time bought out a section to Slovakia for export of 148 MWh on July 9, and then for export of 110 MWh on July 10, ended the last two auctions with delivery on July 11 and 12 to no avail.
Auctions with delivery on July 10 became an anti-record at the cross-section price: for Slovakia, it fell on this day to UAH 11/MWh with delivery at 12-16:00, and the highest was UAH 2,390 /MWh at 23:00. For Romania, the lowest price was UAH 100/MWh at 13-14:00, the highest was a little over UAH 2,200/MWh with delivery at 21:00-23:00. For comparison: according to the results of all auctions, the price for Romania was the lowest on July 3 – UAH 1,380/MWh.
It is noteworthy that Ukrhydroenergo reserved most of its daily resource at the lowest prices in both directions.
In general, in both directions, the price of a section on July 10 amounted to a little more than UAH 2 million.
As of July 11, this figure was already ten times more – UAH 20.5 million.
The section from Slovakia and Romania for July 10-12, as before, was not reserved.
The section to Poland continues to be purchased at daily auctions in addition to the 147 MW capacity purchased at the monthly auction by DTEK Zakhidenergo – at 65 MW every hour (1,560 MWh per day) on July 10-12.
The daily cross-section to Moldova on July 10-12, according to the traditional scenario, was divided by Energoatom, which bought out a cross-section for export of 9,400 MWh per day, and Ukrhydroenergo – 2,400 MWh per day.
The section price at all auctions, except for exports to Romania, is UAH 0/MWh.
Over seven days of daily auctions by NPC Ukrenergo for distribution of access to a cross-section for exporting electricity to Romania, the price of a cross-section increased to UAH 106 million.
Including, according to the results of the auction on July 6, the seventh day after the opening of exports to Romania, 8 winners of the auction, who divided the daily cut, must pay a total of UAH 19.8 million.
The highest cross-section price at this auction was the price at 23:00 – UAH 10.9 thousand UAH/MWh, which was shared by DTEK Zakhidenergo (by 60 MWh), Latest Technologies 3000 (by 15 MWh). h), ERU Trading (by 14 MWh), Energoatom (by 10 MWh) and Smart Trade Energy (by 1 MWh). The absolute record of the week is still the price of 11.67 thousand UAH/MWh. At the same time, experts note that traders in many positions are ready to pay for a cross-section significantly higher than the selling price of a resource in Romania for these hours.
In general, this time, as in previous auctions, more than half of the daily capacity was bought by DTEK Zakhidenergo (for export, a total of 1,377 MWh out of a possible 2,400 MWh per day).
“Le Trading” Ukraine bought a section for export of 281 MWh, “ERU Trading” – for 220 MWh, “Energoatom” – for 239 MWh (yesterday it was only 30 MWh), “Latest Technologies 3000” – by 198 MWh, Nexttrade by 45 MWh, Smart Trade Energy by 24 MWh and DE Trading by 16 MWh.
Once again, the state-owned Ukrhydroenergo participated in the auction without results.
Also, Artlex-Energy and Ukr Gas Resource did not buy anything in this auction.
From Romania on July 6, the section was not reserved.
The section to Poland continues to be purchased at daily auctions in addition to the 147 MW capacity purchased at the monthly auction of DTEK Zakhidenergo – as of July 6, at 65 MW per hour (1560 MWh per day).
According to yesterday’s scenario, the daily cross-section to Moldova on July 6 was divided by Energoatom, which bought out a cross-section for export of 9400 MWh per day and Ukrhydroenergo – by 2400 MWh per day. Another 1 MW per hour (24 MWh in total) was bought by Energy Lab Ukraine, which had not previously participated in the auction.
The section price at all auctions, except for exports to Romania, is 0 UAH/MWh.
As reported, the import-export of electricity to Romania for 100 MW started on June 30. The number of auction winners varies from 5 to 9 participants.
On June 27, ENTSO-E agreed to start commercial exports of the first 100 MW to Europe. First, the resource will be supplied to Romania, then the directions to Slovakia and Hungary will be opened, but in general, the export capacity is 100 MW. In a month, Ukrenergo expects an increase in exports.
The European Bank for Reconstruction and Development (EBRD) will allow NPC Ukrenergo to change the purpose of a EUR50 million loan for emergency liquidity support, and the European Fund for Sustainable Development will provide a guarantee to cover the first losses.
“This support is part of the EUR1 billion that the EBRD plans to implement in Ukraine this year in cooperation with donors and partners,” the bank said in a press release on Wednesday.
The EBRD notes that EUR50 million will ensure a stable electricity supply in the country, whose economy was significantly negatively affected by the Russian military invasion in February.
“At a time when Ukrainians are resisting Russian aggression, it is important to ensure proper electricity supply in their country, and therefore support the critical role of Ukrenergo. We are also preparing support with the EBRD for other important areas of the Ukrainian economy, which will be provided in the coming weeks , in particular to meet the liquidity needs of the railway and pharmaceutical industries,” Valdis Dombrovskis, Executive Vice President of the European Commission, is quoted in the bank’s message.
He joined EBRD President Odile Renaud-Basso to sign a European Fund for Sustainable Development (EFSD) guarantee on the loan, which will reduce the bank’s credit risk in the current war conditions, the release said.
According to him, Ukrenergo’s support is part of a total EUR1 billion support that the EBRD plans to implement in Ukraine this year in cooperation with donors and partners. In order to meet the most urgent needs of Ukraine, the bank has identified five priority sectors of the Ukrainian economy: trade finance, energy security, vital infrastructure, food security (providing liquidity through banks for farmers for the spring planting campaign, as well as for agricultural companies and grocery retailers), and maintaining liquidity for pharmaceutical companies.
As reported, in July 2019, the EBRD agreed to provide Ukrenergo with EUR149 million to upgrade key elements of the electricity transmission infrastructure to support system stability and synchronization with European electricity grids, as well as to help Ukraine bring its legislation and operating principles in line. with the Third Energy Package of the EU. This loan has been partially disbursed.
Following a Russian-led war, the EBRD and Ukraine agreed to change the purpose of part of an existing loan for emergency liquidity support.
The EFSD is the financial mechanism of the EU’s External Investment Plan, which provides support for investment in Africa and the EU’s partner countries.
The EBRD immediately condemned the Russian invasion of Ukraine on February 24 and promised to stand with Ukraine. On April 4, the Bank’s Board of Governors voted to suspend indefinitely Russia’s and Belarus’ access to EBRD financing and technical assistance. The bank is closing its offices in these two countries. In addition to the EUR2 billion resilience package, the EBRD has pledged to help finance the recovery of Ukraine when conditions permit/
All EBRD investments in Ukraine under the resilience package for Ukraine and neighboring countries affected by the war will involve risk sharing with partners.
NPC Ukrenergo put into operation one of the 330 kV high-voltage transmission lines in the south of Ukraine, which made it possible to improve the output of generation power, including nuclear and thermal.
“Today, one of the 330 kV high-voltage lines in the south of Ukraine was put into operation. This made it possible to improve the power output of a number of power plants, including thermal and nuclear ones. Thus, now all nuclear power plants are working stably in the network, as well as plants of other types – thermal power plants, hydroelectric power plants and renewable energy sources,” Ukrenergo noted on its Telegram channel on Thursday evening.
The company emphasized that the frequency in the network is stable – 50 Hz.
Ukrenergo also indicated that work on the restoration of main power grids is ongoing: a substation and a 750 kV line are being restored, as well as two 330 kV lines in Kyiv region, two more 330 kV lines that run through Kyiv and Chernihiv regions have been repaired and getting ready to operate.
According to the company, distribution system operators resumed power supply to more than 19,800 consumers over the past day.
“Consumption is stable and shows a growth trend,” Ukrenergo assured.
As reported, on Thursday morning, Energoatom reported that due to damage to the high-voltage transmission line 330 kV, the Zaporizhia NPP switched to work to provide only their own needs.
NPC Ukrenergo has completed construction and opened a new 330kV high-voltage line in western Ukraine, said Volodymyr Kudrytsky, chairman of the board of the company.
“Today is Ukrenergo’s birthday (…) It is very symbolic that on this very day we are opening a new 330 kV high-voltage line in western Ukraine. This is the first power facility that Ukrenergo completed during the war,” he wrote on his page on Facebook on Friday.
Considering the limitation of martial law, Kudrytskyi did not talk in detail about this facility, but noted that the new line will increase the reliability of the Ukrainian network in terms of synchronous operation with ENTSO-E and create opportunities for the energy system to receive additional reserves from the Dniester PSP, which means – became more flexible and stable.
“Right now, it is important for us to report that Ukrenergo is able to operate and develop networks even in wartime conditions. Our efforts are focused not only on the resumption of networks affected by hostilities, but also on construction in regions where it is possible to continue implementing new infrastructure projects,” – stressed the head of Ukrenergo.
The company’s message on the website states that the cost of the project amounted to UAH 546 million. According to her, this is 20%, or UAH 134 million, less than the initial cost of the project.
The savings were achieved due to competition in the tender, as well as mainly due to the optimization of design solutions, the company explained, pointing out that the source of funding was Ukrenergo’s tariff funds and the company’s income from the sale of access to interstate cross-sections.
They indicated that the construction of the line, which took 17 months, was provided for in a 10-year plan for the development of the transmission system.
The importance of its opening is increasing due to the gradually growing consumption of electricity in the western region, which is associated with the relocation of business along the left-bank part of Ukraine to the western regions, Ukrenergo noted.
“The new line, together with previously installed equipment, significantly increases the reliability of power supply to consumers and industry throughout the Chernivtsi region,” the company stressed.
In addition, the line is also important for balancing the energy system of Ukraine, because thanks to it, in particular, the reliability of the operation of the Dniester PSP in pumping and generating modes by three hydraulic units in the normal scheme is increased, and taking into account the future construction of another 330 kV overhead line – by four hydro units.
“To connect the line, a number of works were carried out at two substations 750 kV and 330 kV. In particular, relay protection devices, emergency automation and communication devices were replaced at the 330 kV substation, and a new 330 kV closet was built at the 750 kV substation to connect the line,” the company described the work.
The Ministry of Energy of Ukraine has terminated the powers of a member of the supervisory board of the National Power Company Ukrenergo – the representative of the state Mykhailo Ilnytsky, having appointed Oleksandr Baraniuk instead.
According to Ukrenergo’s report in the information disclosure system of the National Securities and Stock Market Commission, the order of the Ministry of Energy terminates the powers of Ilnytsky, who was in this position for 28 days. On January 5 of this year, Baraniuk was appointed a member of the Supervisory Board effective from January 6, for a period of three years.
