Trading volumes of electricity on the DAM fell by 46% in the second quarter of 2020

Market Operator SE reports that electricity trading volumes decreased by 46.3% on the day-ahead market in the 2nd quarter of 2020 compared to the 1st quarter of this year.

In total, during this period, 7,519,218 MWh of electric energy were sold and bought, while in January-March this figure amounted to 14 002 919.5 MWh.

1,517,022.1 MWh of electricity was sold-bought on the intraday market, which is 108.3% more than in January-March 2020.

Trading volumes of electricity on the day-ahead market and the intraday market in the 2nd quarter of 2020 amounted to 27.88% of the total electricity consumption by all categories of consumers in Ukraine.

The total cost of electricity accepted on the day-ahead market in the 2nd quarter of 2020 is UAH 11 357 811.63 thousand (including VAT), on the intraday market – UAH 2,187,399.98 thousand (including VAT).

The average weighted price of electricity on the DAM in April amounted to UAH 1,265.04/MWh (excluding VAT), in May – UAH 1,248.11/MWh (excluding VAT), and in June – UAH 1,263.03/MWh (excluding VAT).

The average weighted price was the lowest on the IDM in May – UAH 1,189.15/MWh (excluding VAT), in April it amounted to UAH 1,228.62/MWh (excluding VAT), and in June – UAH 1,189.17/MWh (excluding VAT).

Recall in June Ukraine imported 1.8 times less electricity in June than in May.

Tags: The Cabinet of Ministers, legislation, electricity, ETL, electricity market, Market operator, taxes, export, import, DAM, price, volumes, power system balance, infrastructure, energy sector, electricity transmission, balancing market, intraday market, IPS, Shmyhal, balancing restrictions, power system, generation, Buslavets, The Ministry of Energy, economy, market, power grid, day-ahead market, electricity consumption, supplier, consumers

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