Deficits created by DTEK cause an electricity imports – Gerus

Due to the abuse of thermal generation enterprises, about 80% of the capacity of which is controlled by Rinat Akhmetov’s DTEK energy holding, a shortage of electricity began to form at the “day-ahead” market (DAM) at certain hours. This was announced by Head of the Parliamentary Committee on Energy and housing and utility services Andriy Gerus to BusinessCensor.  

“These deficits were largely created artificially, in particular by DTEK. This is due to the fact that everyone who could not buy electricity at the DAM is given electricity at the price of a balancing market, which is 15% more expensive. Over time, these deficits began to increase and in September reached alarming proportions”, Gerus said.

According to him, especially high deficits in the unified energy system of Ukraine (UESU) were observed from 7:00 to 8:00 and from 23:00 to 24:00, when coal-fired power plants intentionally removed their blocks from the “day-ahead” market to cause deficits and rising cost of electricity.

At the same time, DTEK controls more than 60% of the unregulated electricity market in the UESU.

“The average hourly power shortage increased by 86%: from 802 MW in July to 1490 MW in September. With each month of the new “free competitive market” the situation is only getting worse”, Gerus said.

Gerus recalled that DTEK controls about 95% of all electricity production within the Burshtyn Island, and in this region the problem of electricity shortages is even more acute. Moreover, the price of electricity on the “day ahead” market in Burshtyn Island is 13-60% higher than the price of electricity in the UESU.

The MP explained that it was precisely such deficits created by DTEK that prompted expanding opportunities for importing electricity.

“Today, total imports from different countries amount to about 500 MW, which is 3 times less than the deficit created in the market. But even this import already prevents DTEK from abusing its monopoly position, earning billions of super-profits and holding the whole country hostage”, added Gerus.

Tags: The Cabinet of Ministers, DTEK, contracts, tariffs, legislation, electricity, NEURC, energy market, ETL, RF, Gerus, export, import

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