The Secretariat of the Energy Company commends the decision of the NEURC to increase price caps

The Secretariat of the Energy Community commends the decision of the NEURC to increase the price limits (price caps) on the wholesale electricity market. This is stated in a message on the Energy Community website.

"The new decision is a positive step towards further liberalization of the electricity market and will stimulate imports and, therefore, increase the reliability of supply in Ukraine in winter," European partners indicate.

As previously reported in ExPro, the NEURC set new price limits on the electricity market (on the day-ahead market, the intraday market and the balancing market). They will be effective from December 1. The following limit prices have been established:

1) on the day-ahead market: maximum marginal prices from 00:00 to 07:00 and from 23:00 to 24:00 – UAH 3,000.00/MWh; from 07:00 to 08:00, from 11:00 to 17:00 - UAH 5,600.00/MWh; from 08:00 to 11:00 - UAH 6,900.00/MWh; from 17:00 to 23:00 - UAH 7,500.00/MWh; minimum marginal price – UAH 10.00/MWh;

2) on the intraday market: maximum marginal prices from 00:00 to 07:00 and from 23:00 to 24:00 – UAH 3,000.00/MWh; from 07:00 to 08:00, from 11:00 to 17:00 - UAH 5,600.00/MWh; from 08:00 to 11:00 - UAH 6,900.00/MWh; from 17:00 to 23:00 - UAH 7,500.00/MWh; minimum marginal price – UAH 10.00/MWh;

3) on the balancing market: the maximum limit price is 125% of the DAm price determined by the market operator for each calculation period of the corresponding day of supply; the minimum marginal price is UAH 0.01/MWh.

The resolution will enter into force on November 30 (for the trading day - December 1).