18.03.2024
Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
March 11 – 17
- As of March 18, 406 settlements remained without electricity due to hostilities and technological disruptions. The geography of outages expanded to the Sumy region, which has been experiencing constant shelling from the Russian border.
- On March 14, Ukrainian power engineers restored the operation of the 330 kV Zaporizhzhia TPP-Ferrosplavna power line, which connects the occupied Zaporizhzhia NPP (ZNPP) to the integrated power system of Ukraine (IPS) and ensures power supply for the plant’s needs
- IAEA experts continue to report on explosions and other signs of military activity near the ZNPP site.
- One of the units at Khmelnytsky NPP was put offline for emergency repair due to technical malfunction.
- Electricity exports reduced by 54% to 35.3 GWh, imports increased by 5 times to 24.4 GWh. Base DAM index significantly increased to 2,891.7 UAH/MWh (+21.1%). At the same time, no deficit hours were observed.
- According to the Ministry of Energy, electricity consumption by the industry increased by 23% to 9.38 TWh in November-February 2023-2024. Electricity consumption by households also increased by almost 12%.
- In November-February 2023-2024, 53% of electricity was generated by NPPs, 32% – by TPPs/CHPs, 10% – by HPPs/PSHs, 5% – by RES facilities.
- In 2023 gas consumption was equal to 19.6 bcm (of which 3.4 bcm was consumed by industrial sector), while national gas production amounted to 18.9 bcm (of which 3.18 bcm were produced by private companies) – the Deputy Minister of Energy of Ukraine Mykola Kolisnyk
- The Antimonopoly Committee of Ukraine granted Ukrnafta concentration permit regarding the assets of the Glusco group, opening way for signing the acts of acceptance and transfer of assets with the ARMA
- The Ministry of Infrastructure presented a test version of the Geographic Information System for Regional Development (GIS), which will allow modeling community development scenarios and making data-driven planning.
- The government has simplified customs clearance and registration of humanitarian aid for energy needs. In addition, the Cabinet of Ministers approved the procedure for the export of electricity by the SE Guaranteed Buyer.
- The NEURC proposes to set the maximum price cap on the balancing market at UAH 8,250/MWh (110% of the maximum price cap on the DAM)
- Ukraine signed a Memorandum of Understanding between Ukraine and the European Union on transitional financing under the Ukraine Facility programme, as well as a corresponding loan agreement.
