Market Operator June 30 will hold the first auction for day-ahead electricity market
State Enterprise "Market Operator" on June 30 will conduct the first auction of electricity, that should determine price indicators for the start of the new model of the electricity market starting July 1, 2019, as stipulated by the law. This was stated in the message on the site of the state enterprise.
“On June 30, 2019, there will be trading auctions for June 1 day-ahead quotes. The closure of acceptance of quote proposals is 11:00 on June 30, 2019 ", said in a message.
As earlier reported by ExPro, on June 24, NKRERP state regulator introduced amendments to the day-ahead and intraday market rules, in which the regulator outlined the methodology for the marginal prices for the said markets and ordered the Market Operator make them public June 26.
The marginal prices will apply during the first 9 months since the launch of the market. On June 25, the Market Operator has published the following marginal prices: for the hours with minimal electricity consumption (from 00:00 to 08:00 and 23:00 to 24:00) – UAH 959.12 UAH/MWh; for hours with maximum consumption (from 08:00 to 23:00) – UAH 2048.23/MWh.
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