30.01.2024
Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
January 22-28
Summary
- On January 25, Naftogaz informed of temporary unavailability of the the websites and call centers of its subsidiaries Gas Supply Company Naftogaz of Ukraine LLC and Gas Distribution Networks of Ukraine LLC due to a cyberattack on one of the data centers.
- On January 27, Russia launched two Iskander-M missiles at an industrial facility in Kremenchuk district, the large-scale fire lasted 14 hours. The Kremenchuk oil refinery is probably a facility in question.
- As of January 29, 346 settlements are disconnected from electricity supply.
- According to IAEA Director General Rafael Grossi, the nuclear safety situation at Zaporizhzhia NPP remains unstable with ‘very real’ threats of major accidents. According to Energoatom, the six-year warranty period authorized by the manufacturer of the nuclear fuel utilized in all six reactors of the temporarily occupied Zaporizhzhya NPP will soon expire.
- Approximately 350 MW of new RES capacities commissioned in 2023 – the Minister of Energy Herman Halushchenko. NPPs generated 10% more electricity in 2023 than was initially planned, HPPs exceeded the forecast by 37%.
- The monthly Base DAM index for January remained at 3,752.3 UAH/MWh, while the index for February amounted to 3,276.4 UAH/MWh (-12.7%). In the day-ahead market, Base DAM index decreased to 3,606.9 UAH/MWh (-7%).
- Electricity imports continued to grow to 41.9 GWh (+29% WoW).
- The cost of the service to ensure the availability of electricity for household consumers in 2023 amounted to about 144.6 billion UAH – SE Guaranteed Buyer. In turn, the level of payment by Guaranteed Buyer to renewable electricity producers for 2023 is 60.5%.
- Ukraine and Slovakia agreed to speed up the reconstruction of Mukachevo – Velke Kapusany interconnector.
- The Prime Minister of Slovakia Robert Fico stated that the transit of Russian gas through the Ukrainian system will probably continue after 2024. The Ukrainian government clarified that the transportation contract will not be extended, but “Ukraine can talk with a European country (EU member state) about the use of its gas system.
- The State Agency on Energy Efficiency proposed a draft Resolution amending the procedure for functioning of the biomethane registry. Among other things, the amendments provide for applicability of the registry to the production of liquified and compressed biomethane.
- The Government simplified the procedure for using funds from the Fund for Elimination of the Consequences of Russia’s Armed Aggression to finance other projects. In particular, communities will be able to submit regional recovery projects directly to ministries through the DREAM system.
- The Cabinet of Ministers updated the charter of Naftogaz in order to bring it in compliance with the Law “On Joint Stock Companies”.
- Amendments to the Technical Regulation on the requirements for motor petroleum, diesel, marine and boiler fuels reintroduced ban on the circulation of Euro-3 and Euro-4 class fuels, which were temporarily allowed under the conditions of martial law The amendments to the Technical Regulation also provide for the ban on the sale of leaded petroleum.
- The Ministry of Infrastructure together with the USAID Energy Security Project continue to implement distributed generation projects. In addition to the first cogeneration facility in the Khmelnytsky region, 91 plants for 32 cities and two universities will be procured.
- DTEK Group has commissioned a solar and wind power plant in Romania, which, together with the Tiligul WPP in Mykolaiv region, should strengthen Ukraine’s energy security and accelerate the integration with EU energy markets.
