Business news from Ukraine

Business news from Ukraine

Ukraine imports half as much electricity as it exports in May

2 June , 2023  

Ukraine in May exported about 41,000 MWh, while importing half as much – about 20,000 MWh, according to published data on the website of the continental European network of system operators ENTSO-E.
Electric power was exported to Moldova, amounting to 23.3 thousand MWh and to Poland – 17.6 thousand MWh.
In the last week of May, after the announced shutdown of some units, there were no exports except for a few hours during certain days, and the transmission system operator, NEC Ukrenergo, did not auction any capacity for exports at the end of May, except for a few hours on certain days.
Imports came from Slovakia – about 18,000 MWh and from Moldova – about 2,000 MWh (the last few days of May data for Moldova are not displayed on the ENTSO-E website – ER). At the same time, it has increased considerably since May 20, almost six times compared to the first half of the month.
At the same time, exports decreased three times compared with the first two weeks of May.
At the same time in May, due to the growing demand for exports and restrictions on their implementation, traders for the first time began to pay for exports to Moldova and Poland (along the line KAES-Zheshuv) – UAH 1.8 million and UAH 0.5 million respectively. Also 1.3 million UAH were paid for the section for imports from Slovakia on certain days.
As reported, exports of electricity, which was resumed in April after it was stopped in October, amounted to 89.7 thousand MWh for the month. Most of the electricity was exported to Moldova – over 40 thou MWh, another 30.4 thou MWh went to Poland and 19.2 thou MWh to Slovakia.
However, exports to Slovakia lasted only four days, having been suspended since April 21 at the initiative of the Slovak transmission system operator.
The section to Slovakia for 4 days brought to Ukrenergo about 17 mln hryvnia. The NERC, Ukrenergo and the Ministry of Energy are resolving the issue of resuming exports to Slovakia.
Electricity imports in April amounted to about 4 thou MWh – 3.8 thou MWh from Slovakia (a third less than in March) and 0.1 MWh from Moldova (in March there were 1,541 MWh).

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