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  • UKRENERGO ANNOUNCES FIRST ESTIMATED RESULTS OF THE BALANCING MARKET

    On July 1, 2019, the first day of the new electricity market, the total share of balancing energy in the mix of electricity consumption was 3.18%.

    Summarised results of the balancing market in the IPS of Ukraine:

    • offers for loading of power units activated by the dispatcher amounted to 11.525 thousand MWh, for unloading – 4.789 thousand MWh.
    • maximum price of the activated offers for the loading of power units was 2.355 thousand UAH/MWh (between 6 pm and 7 pm), for unloading – 2 thousand UAH/MWh (between 2 pm and 3 pm).
    • Total positive imbalance (surplus of electricity in the grid) amounted to 4,789 thousand MWh, negative (shortage of electricity in the grid) was 11.525 thousand MWh

    Summarised results of the balancing market in the “Burshtynska TPP energy island”:

    • offers for loading of power units activated by the dispatcher amounted to 1.348 thousand MWh, for unloading – 188 thousand MWh
    • maximum price of the activated offers for the loading of power units was 1,102 thousand MWh (between 4:00 am and 6:00 am)
    • Total positive imbalance (surplus of electricity in the grid) amounted to 188 thousand MWh, negative (shortage of electricity in the grid) was 1.348 thousand MWh

    Based on the volume of primary sales of electricity, for the bilateral contracts segment the largest share was on July 3 (64.2%), for the day-ahead market – on July 1 (32.42%), the intraday market – on July 1 (1.87%), the balancing market – also on July 1 (3.18%).

    Estimated share of different segments of the market in primary electricity sales in the IPS of Ukraine

    including “Burshtynska TPP energy island”

     

    Market segment July 1, 2019 July 2, 2019 July 3, 2019
    bilateral contracts market  62.53% 63.50% 64.20%
    day-ahead market 32.42% 31.79% 32.17%
    intraday market  1.87% 1.66% 1.07%
    balancing market 3.18% 3.06% 2.56%

     

    More detailed results of the balancing market for July 1, 2019 are available on the page “Balancing Market and Ancillary Services Market”.

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