Price of electricity in balancing market in the Integrated Power System of Ukraine grew by 76.9 % - 78.7%
The price for electricity imbalance in the Integrated Power System of Ukraine over the last week increased by 76.9%, up to 2433.58 UAH/MWh (average price per day) for a positive imbalance, and by 78.7 % , up to 4024.13 UAH/MWh (average price per day) for a negative imbalance, according to the data released by the NEC Ukrenergo.
In particular, the operating imbalance price (IMSP) in the period of July 26-August 2, 2021, increased by 89%, up to 3832.50 UAH/MWh.
At the same time, the average price of payment for a positive imbalance on Monday, July 26, 2021, was at 1375.65 UAH/MWh, and in a week later, on Monday, August 2, 2021, it was at 2433.58 UAH/MWh (+76.9%).
For a negative imbalance, the cost of payment on July 26, 2021, averaged 2251.52 UAH/MWh, and increased to 4024.13 UAH/MWh (on average) on Monday, August 2, 2021 (+ 78.7%).
Simultaneously, the weighted average price for day-ahead electricity during the mentioned period increased by 53%, from 1682.12 UAH/MWh (July 26, 2021) up to 2578.52 UAH/MWh (August 02, 2021).
ExPro Reference: The National Energy and Utilities Regulation Commission (NEURC), effective August 1, 2021, raised the maximum marginal prices (price caps) in day-ahead and intraday electricity markets of the Integrated Power System of Ukraine, for daytime hours (07: 00-23: 00) - up to 4000 UAH/MWh, for nighttime hours (23: 00-07: 00) - up to 2000 UAH/MWh (In order to accumulate appropriate coal reserves for TPPs)