30.12.2024
Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
December 23-29
- On 25 December, Russia launched another massive attack on the energy infrastructure. Six regions came under fire.
- In just one day after the attack, electricity supply was restored to about 586,000 consumers. Electricity imports increased by 6%, and Ukraine also received emergency support from Poland.
- Stricter blackout schedules were introduced, with emergency load shedding in some regions on 25-29 December.
- The Base BCM index in January was UAH 5,331.6/MWh (+5.4% compared to December), while the Base DAM index increased by 6% to UAH 5,804.3/MWh.
- The government introduced a preferential fixed price (UAH 2.64/kWh) for household consumers living in non-gasified apartment buildings without district or autonomous heating.
- Energoatom fully fulfilled its financial obligations under the public service obligations in 2024 (UAH 128.3 billion).
- Slovak Prime Minister Robert Fico threatened to stop exporting electricity to Ukraine if Russian gas transit is halted, which drew criticism from President Volodymyr Zelenskyy.
- The regulator set gas transmission tariffs for the GTS operator, which will increase more than fourfold for domestic entry/exit points.
- The government approved a zero quota for natural gas exports for 2025.
- DTEK received the first shipment of liquefied natural gas (LNG) from the US, about 100 million cubic metres.
In 2024, the state budget received USD 41.7 billion of external financing, including 30% of grants – Ministry of Finance.