In 2024, Ukraine increased electricity imports by 5.5 times - to 4.4 million MWh

In 2024, Ukraine increased electricity imports by 5.5 times, compared to 2023 - to 4.4 million MWh, according to ExPro Electricity monitoring data.

Hungary took 39% in the import structure for the whole year, Slovakia - 23%, Romania - 18%, Poland - 14% and Moldova - 5%.

The peak of imports this year was in June, a total of more than 850 thousand MWh was supplied.

The increase in supplies was due to a favorable price situation in neighboring electricity markets.

In December 2024, Ukraine increased electricity imports by 2.6 times, compared to November 2024, - to more than 430 thousand. MWh. Hungary continues to occupy the largest share in the import structure – 35%. Slovakia is in second place, with 25%. Imports from Hungary increased the most in a month, 4 times – to 152 thousand MWh.

Electricity exports in 2024 remained almost at the level of 2023 – 366 thousand MWh. The largest amount of electricity for the year was supplied in March – 154 thousand MWh. 

A complete overview of foreign electricity trade for December and the whole of 2024 will be published in the next issue of ExPro Electricity Monthly, which is available by subscription.

Where to find electricity market analytics?

Detailed analytics of the electricity market in Ukraine, including trading results, imports and exports, overview of regulatory initiatives, etc., are published in specialized periodicals ExPro Electricity Daily, ExPro Electricity Weekly and ExPro Electricity Monthly.

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