Weekly analytical report January 31 – February 6, 2022

Report announcement:

• The operation of nuclear power plants at full capacity, combined with active imports, caused a collapse of prices in the electricity market and evoked strong criticism from fossil-fired generating companies…
• The expected recognition by the EU of gas as transitional fuel on the way to climate neutrality, the threat of Russian aggression and Gazprom’s actions in the European market raise the issue of diversifying the sources of energy supply even higher on agenda…
• Amid the unstable transit volumes and its possible suspension, the government and the TSO take efforts to increase firm capacity for imports from EU…
• Naftogaz is actively preparing to increase imports in February, while the financial situation of GTSOU is worsening, in particular because of the unsolved problem of covering technological losses of DSOs, which in the meantime increase the imbalances…
• The discontinued transit of Lithuanian oil products via Belarus represents another surge of geopolitical tensions in Eastern Europe, which means that Ukraine needs to keep alternative sources of fuel imports…

The weekly analytical review as a “snapshot” of the main events of the week in the energy sector both in Ukraine and abroad contains the maximum amount of selected information. If you wish to receive once a week a document that describes the key events and trends of the week in the energy policy of Ukraine and the region, send a request to the e-mail address: author@dixigroup.org *.

 * – In order of the improvement of methodology and updating design, the publication of the weekly review may be postponed.