November 10-16
- In response to investigations by the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) into corruption in the energy sector, the government announced a large-scale “restart” of Energoatom, removing part of its management, launching urgent audits, and initiating the formation of a new supervisory board with the participation of the G7. At the same time, a draft law was registered to lift the moratorium on enforcement proceedings against the company, which had previously been used in corruption schemes. The Cabinet of Ministers also tightened control over other state-owned enterprises by changing the procedure for evaluating the work of supervisory boards and requiring key companies to conduct a comprehensive analysis of their activities, control systems, and procurement. Supervisory boards must inform the government of the results of their audits within two weeks and report monthly thereafter. In addition, the government and the president have initiated large-scale personnel changes in the leadership of the Ministry of Energy, the Ministry of Justice, and a number of regulatory and supervisory bodies, including the National Energy and Utilities Regulatory Commission, the State Nuclear Regulatory Inspectorate, and the State Energy Supervision Inspectorate.
- In October and early November, Russia launched more than 150 missiles and over 2,000 drones at the Ukrainian energy infrastructure.
- On November 14, due to Russian shelling the Zaporizhzhia Nuclear Power Plant (ZNPP) was disconnected from one of its two external power lines (750 kV Dniprovska line), which is the main power source for the temporarily occupied plant.
- Commercial electricity exports from Ukraine increased 7.8 times compared to the previous week and amounted to 30.4 GWh. Imports, in turn, decreased by 27.1% to 73.6 GWh.
- Given the increase in the number of deficit settlement periods (hours), the average hourly price of electricity on the day-ahead market (Base DAM index) rose to 6,490.9 UAH/MWh (+9.5%).
- Ukraine reached an agreement with ENTSO-E to increase the maximum import capacity of electricity interconnectors from 2.1 GW to 2.3 GW in December.
- On November 13, Naftogaz signed a grant agreement with the EIB for EUR 127 million. The funds will be provided by the EU with financial support from the Norwegian government and will be used to purchase natural gas for the heating season.