May 4 – 10

  • Over the course of the week, Russian attacks damaged a number of Naftogaz Group facilities in the Sumy, Kharkiv, and Poltava regions, leading to the suspension of production processes, significant production losses, the deaths of 5 people, including company employees and rescue workers, and injuries to 37 others.
  • The average hourly electricity price on the “day-ahead” market (Base DAM index) for May 4–10 decreased to 3,918.7 UAH/MWh (-27%), according to Energy Map.
  • The government approved a draft amendment to the 2026 state budget, which allocates 40 bln UAH for the implementation of regional energy resilience plans, specifically to protect critical energy infrastructure, develop distributed generation, and ensure a stable 2026/27 heating season. The changes are related to the expected receipt of financial support from the European Union.
  • In 2025, NPC Ukrenergo reduced its net loss by 71.9% to UAH 10.666 billion compared to UAH 37.987 billion in 2024. The total value of the transmission system operator’s non-current and current assets at the end of the year was UAH 179.132 billion, long-term liabilities — UAH 31.402 billion, and current liabilities — UAH 143.839 billion.
  • The Supervisory Board of “Energoatom” must immediately ensure the implementation of previous government decisions and announce a competition to form a new board of directors within a week – Prime Minister Yulia Svyrydenko.
  • Heat and water supply companies in Ukraine are nearly 80% backed by backup power sources in case of a general power grid outage, but these needs must be fully met by winter – Vitaliy Suray, Director of the Life Support Systems Department at the Ministry of Development.
  • “Ukrtransgaz” may set new tariffs for gas storage services based on incentive regulation: the storage tariff will increase by 12.5% to 0.45 UAH per thousand cubic meters, while tariffs for injection and withdrawal will rise to 360.02 UAH per thousand cubic meters (+47.8% and +42.3%, respectively). The draft also provides for a system of coefficients depending on the duration of UGS capacity booking and the operator’s projected annual revenue of 7.76 billion UAH, of which over 6.1 billion UAH will be operating expenses.
  • Following the attack on Naftogaz Group’s production assets on May 5, the company’s CEO, Serhiy Koretskyi, stated the need to resume natural gas imports to compensate for the loss of part of the production
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