DiXi GroupPublications2025Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
19.05.2025
May 12 – 18
France announced a EUR 10 million contribution to the EBRD’s Chornobyl Fund. These funds will be used to finance the repair of the protective shelter over Chornobyl NPP Unit 4 after the Russian attack in February 2025.
Commercial electricity exportsincreased by 2.3 times to 19.6 GWh over the week, while imports decreased by 2.3 times to 33.6 GWh.
The monthly Base DAM index(bilateral contracts market) for May remained at 3,886.9 UAH/MWh (–18.7% compared to April).
Taking into account the returnof one power unit of Rivne NPP from scheduled maintenance, the average hourly price of electricity on the day–ahead market (Base DAM index) decreased to 4,118.6 UAH/MWh over the week (–26.8% compared to the previous week); the total volume of electricity sold on the DAM increased to 545.8 GWh (+8.7%).
Since the beginning of the year, Energoatom transferredUAH 69.24 billion to cover the difference between the market price of electricity and the preferential price for households as part of its public service obligations (PSO).
In the first four months of 2025, 365 MW of new distributed generation was commissionedin different regions of Ukraine (73 MW –wind farms, 54 MW –large solar panels, 40 MW –residential solar panels, 195 MW –cogeneration units) –Office of the President of Ukraine.
According to Prime Minister Denys Shmyhal, in 2025, it is plannedto commission approximately 1 GW of new generating capacity.
Metinvest Group is investingmore than USD 44 million in its own generation by deploying gas–fired power plants (USD 26 million in 2025) and nearly 40 MW of solar power plants (USD 18.1 million in 2026).
During the reporting week (May 11–17), physical importsof gas from Hungary amounted to 62.9 mcm (–7% compared to the previous week), from Poland –to 40.7 mcm (+24%), and from Moldova –to 2.3 mcm (2.6 times more compared to the previous week). Also, imports from Slovakia resumed (2.5 mcm).
As of May 17, 1.45 bcm of gas was accumulatedin Ukrainian underground gas storage facilities (UGSs), or 4.8% of the total working volume. During the reporting week, 200 mcm of gas were injected into the UGSs (–7.6%).
The Government approvedthe Regulations on the Information Database of Natural Gas Consumption, which will provide automated accounting of consumers, their facilities and actual volumes of imported and domestic gas used.
New Chairman of the Board of Naftogaz of Ukraine Serhii Koretsky took office, and the Prime Minister outlinedkey priorities for the new company management, including accumulating sufficient gas reserves in storage facilities, promptly restoring infrastructure destroyed by Russian shelling, and increasing domestic gas production.
According to Oleksii Kuleba, Vice Prime Minister for Recovery, the debt of district heating companies to Naftogaz for gas exceededUAH 100 billion.