Centrenergo’s case: how the new management changed the cash cow into a profitable asset

How the company managed to get rid of debts.

Centrenergo did not agree to sell electricity due to low bid prices

The prices declared by potential buyers were much lower than the minimum price offered by PJSC Centrenergo.

AMCU fined some participants in the energy market due to violation of the law

Some participants in the thermal coal market, on the recommendation of the Ministry, simultaneously raised prices in 2016-2019.

Centrenergo has paid more than UAH 475 million to the state mines since the beginning of April

The company mentions the current purchase price of coal does not give Centerenergo an opportunity to reach the level of profitability.

Centrenergo sold the entire declared volume of electricity at the UEEX auction

The next auctions are planned for April 14, 15 and 16.

Section council by the direction “Electricity” begins its work at the UEEX

Section council begins its work on April 7, 2021, by the direction “Electricity” at the Ukrainian Energy Exchange.