Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review

December 30 – January 5 

• On 25 December,Due to the warming and reduced consumption, no household consumers were cut off; power curtailment schedules were in effect for industry only on December 30.
• Electricity supply restored to 120,000 consumers in a week – the Ministry of Energy.
• Energoatom received a license from Westinghouse for the fabrication of nuclear fuel assembly elements.
• The government has adopted an updated National Transport Strategy, which includes the promotion of renewables in transport and the restoration of the gas station network.
• The Cabinet of Ministers has empowered the Ministry of Community and Territorial Development to coordinate measures aimed at restoring the energy sector in the temporarily occupied territories in the process of their reintegration.
• Ukrainian Energy Exchange and Market Operator suspended publishing detailed data on the results of trading in the day-ahead, intraday, and bilateral contract electricity markets, citing the order of the Minister of Energy.
• The Base DAM index decreased to 4,806.5 UAH/MWh (-17.2% WoW).
• President Zelenskyy signed a law introducing mechanisms for repayment of debts incurred under the previous model of the wholesale electricity market.
• In 2024, 835 MW of distributed gas generation was commissioned, and by the end of the heating season, it is planned to commission about 900 MW more – the Ministry of Energy.
• On January 1, 2025, the agreement between the Ukrainian GTS Operator and Gazprom was terminated, and the transit of Russian gas through Ukrainian territory was stopped.
• The Ukraine Energy Support Fund has attracted over EUR 1 billion in contributions from international partners – Prime Minister Shmyhal.