Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
September 25 – October 1
Summary
— Aggressor attempts to deliberately destroy energy infrastructure. On September 27, shelling damaged a cogeneration facility in a city in the south of Ukraine (most likely, the Mykolaiv CHP).
— The occupiers are preparing to transfer Unit 4 of the Zaporizhzhia NPP from a ‘cold’ shutdown to a ‘hot’ shutdown mode – IAEA.
— Energoatom brought 7 nuclear units to their maximum capacity, adding 300 MW to the power system (up to 6.4 GW). Another unit will soon be put into operation.
— RES generation was curtailed to balance the system. The demand was covered by electricity produced in Ukraine and insignificant imports from Slovakia and Moldova.
— Trading at the bilateral contracts market significantly decreased, the Base BCM index for October was 3,683.9 UAH/MWh. The day-ahead market was generally in surplus, the Base DAM index decreased to 3,798.9 UAH/MWh.
— In 9 months of 2023, the cost of keeping the electricity prices for households regulated amounted to 100.7 billion UAH – Guaranteed Buyer.
— The government amended the PSO Regulation in gas market. For district heating companies, which have gas purchase costs making up less than 80% of total fuel costs, the distribution of tariff revenues to Naftogaz Trading will be determined by a new appendix to the Regulation.
— Gas Distribution Networks LLC (Gazmerezhi) of Naftogaz Group serves 6.6 million consumers in 11 regions – Ministry of Energy.
— On September 26, a reserve main gas pipeline was depressurized in the Poltava region. The accident did not lead to the suspension of gas supply to consumers or transit to neighboring countries.
— On September 30, an oil pipeline was damaged in the Ivano-Frankivsk region, with spillage of oil products. The facility’s operator Ukrnafta reported that the area has been localized, and the transportation of petroleum products stopped.
— The Cabinet of Ministers lifted state market supervision for power transformers, that are being put into operation or have been put into operation during the period of martial law, by January 1, 2025.
— The government approved the procedure for using 21.83 billion UAH of Japan International Cooperation Agency grants for the implementation of the Emergency Recovery Programme.
— The NEURC approved the Procedure for Investigating Abuses in the Wholesale Energy Market and the Procedure (Methodology) for Determining the Amount of Fines, both developed to implement REMIT.
— At the session of the IAEA General Conference, Ukraine was elected as a member of the Board of Governors. The Conference also supported the Resolution on Nuclear Safety in Ukraine calling on Russia to immediately withdraw all military and other unauthorized personnel from
the Zaporizhzhia NPP and return the facility to full control of the competent authorities of Ukraine.
— Ukraine will be able to independently apply for funding for infrastructure projects under the EU’s Connecting Europe Facility – Vice PM Oleksandr Kubrakov.
— Under the Nuclear Energy Agency programme, Ukrainian experts will have an opportunity to work for exchanging experience and expanding cooperation in the field of nuclear technologies (small modular reactors, radiation protection, radioactive waste management), nuclear safety and regulation.
