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  • Balancing Market and Settlement of Imbalances

    Clarification on the marginal prices in the balancing market.

    In accordance with paragraph 10.11 of the Market Rules approved by the decree of NEURC of 14.03.2018 № 307 (in the version of the decree of NEURC of 24.06.2019 № 1169), the marginal prices in the balancing market are set in the range of 85% to 115% of the established price for the day-ahead market (DAM). According to the information on the market operator website, the marginal prices (without VAT) for DAM/IDM are:

    – for off-peak load (from 00:00 till 08:00 and from 23:00 till 24:00): 959.12 UAH/MW*h;

    – for peak load (from 08:00 till 23:00): 2048,23 UAH/MW*h.

    Marginal prices (without VAT) in balancing market are:

    – from 00:00 till 08:00 and from 23:00 till 24:00: from 815.25 to 1102.99 UAH/MW*h;

    – from 08:00 till 23:00: from 1741.00 to 2355.46 UAH/MW*h.