Russian War Against Ukraine: Energy Dimension (daily updating DiXi Group alert)
March 6
Summary
— Since October 2022, Russia has carried out 31 air attacks on energy infrastructure, including 14 massive missile strikes and 17 attacks by groups of drones, so the Minister of Energy Herman Halushchenko. In the most critical period, the number of disconnected metering points exceeded 13.5 million, i.e. over 80% of all consumers.
— Russian occupiers employ people with no appropriate education and experience at the Zaporizhzhia NPP, which can lead to unpredictable consequences – the General Staff of the Armed Forces of Ukraine.
— According to the Minister Halushchenko, Ukraine is completing the heating season with sufficient reserves of energy resources. As of March 3, coal reserves amount to 1.16 Mt (+0.37 Mt YoY), natural gas in storage – to 9.7 bcm (close to YoY volumes).
— Given that the situation in the power system has stabilized, Ukrenergo will update information three times a week. High trading intensity is observed in the organized segments of electricity market.
— Ukraine will strengthen the protection of power distribution systems and generation facilities with shelter, anti-aircraft and anti-missile defense systems – so the Prime Minister Denys Shmyhal. The Minister Halushchenko called for the creation of a common European reserve of emergency equipment to enable fast response in the event of new massive missile strikes.
— Also, according to Halushchenko, projects to construct small gas-fired power generation are implemented, and active development of RES is expected. State programs are planned to provide incentives to backup power systems for critical infrastructure and households, which include the installation of solar panels or wind turbines with energy storage and suitable hybrid inverters. Solar panels for public buildings provided by ENEL shall arrive by summer.
— In 2022, Subsidies for maintaining regulated energy prices for households reached 400 billion UAH – media citing the Prime Minister Shmyhal. In particular, Energoatom and Ukrhydroenergo paid 107 billion UAH, Naftogaz – more than 200 billion UAH, district heating companies and local authorities compensated another 100 billion UAH.
— For a month of the all-Ukrainian program, over 2 million Ukrainians exchanged 10 million incandescent lamps for the same number of LED lamps.
— The Security Service reported the seizure of 16,000 tons of fuel (800 million UAH). In that way the service blocked the possible illegal sale of these oil products, illegally taken from Ukrnafta and Ukrtatnafta by the previous management.
— The government approved the 2023-2025 State Anti-Corruption Program and will approve the National Anti-Corruption Bureau director (from the three finalists) at its next meeting.
