Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
October 2 – 8
— Deliberate character of Russia’s shelling of energy infrastructure is demonstrated by the October 2 attack on DTEK’s warehouses in the Dnipropetrovsk region, which damaged cables, transformers, disconnectors and other equipment.
— As of September 1, direct losses to Ukraine’s economy due to the war increased to 151.2 billion USD, including 8.8 billion USD damage to energy facilities – KSE Institute with the Ukrainian government.
— The Russian occupiers at the Zaporizhzhia NPP have converted unit 4 from a cold shutdown to a hot shutdown state. Failure to comply with the State Nuclear Regulatory Inspectorate license for operation increases the likelihood of a radiation accident.
— 1.5 GW of the planned 1.7 GW of additional capacity already in the system due to modernizing thermal generation units and restoring the operation of hydroelectric units – so the Minister of Energy Herman Halushchenko.
— During the week, 3 TPP power units came online after repairs, with 535 MW total capacity. Centrenergo reported the completion of preparing 690 MW reserve capacities (3 TPP units).
— An abnormally small amount of electricity (45.4 GWh) was sold on the bilateral contracts market. The total volume of sales on the day-ahead market decreased to 287.6 GWh (-13.1% WoW), the number of deficit hours dropped to 3%.
— To implement REMIT, the Regulator approved the Procedure for Registration of Participants in the Wholesale Energy Market. The NEURC also adopted the Licensing conditions for small distribution systems, amended the Procedure for setting (forming) the tariff for electricity transmission (taking into account the budget support for the implementation of RES-related PSO) and the Gas Transmission System Code (on the balancing neutrality fee).
— The NEURC will conduct an unscheduled inspection of Ukrenergo following the request of Guaranteed Buyer regarding the possible provision by TSO of inaccurate information regarding certified commercial metering data in 2022.
— Two new powerful autotransformers purchased and delivered by the UNDP and the Government of Japan arrived to Ukraine. The equipment will be installed at one of Ukrenergo’s substations to meet the needs of about 500,000 consumers.
— DTEK Renewables completed the configuration of reactive power compensation devices (STATCOM) at three power plants, making it possible to increase the possibility of exporting electricity to the EU by 730 MW.
— GTSOU indicates the potential of the Trans-Balkan Corridor in the reverse mode. Since the beginning of 2023, almost 0.5 bcm have been transported via this route, and increasing the reverse capacities will cost many times less than the construction of new infrastructure.
— 2.2 bcm of gas in the Ukrainian storage facilities is owned by non-residents – so the CEO of Naftogaz Oleksii Chernyshov.
— The Security Service of Ukraine has developed a list of 32 ports that receive significant volumes of Russian diesel fuel and, accordingly, from which it can enter Ukraine – media. The Service also asked the customs not to complete the clearance of relevant batches before receiving the results of samples’ tests.
— The average price of A-95 petroleum increased by 0.30 UAH/l (to 55.41 UAH/l), of diesel fuel – by 0.41 UAH/l (to 55.50 UAH/l).
— The Ministry of Economy extended the deadline for accepting applications for the positions of GTSOU’s Supervisory Board members until October 10 (inclusive).
— The Government has begun working on a single reform plan by 2027, to be created taking into account the proposals of partners and based on the “Concept for Strengthening the Resilience of Democracy” – so the PM Denys Shmyhal.
— With the support of the Korean Government, a pilot project to install solar facilities on the buildings of administrative service centers in three regions was launched in Ukraine.
— With the support of the German Government, the initiative “Strengthening Local Resilience. Support for Emergency Repairs in Communities” was launched. Its goal is to help 100 communities that have suffered serious damage as a result of Russian aggression.