NABU: Ex-director of Market Operator SE illegally awarded himself bonuses worth more than UAH 2 million

NABU and SAPO reported the suspicion to an external adviser to the Minister of Energy of Ukraine.

New CEO appointed at Market Operator

The Minister of Energy introduced the new CEO of the state-owned enterprise.

NPC Ukrenergo was transferred to the management of the Ministry of Energy

The state represented by the Ministry of Energy became the owner of 100% of Ukrenergo's shares.

Ukrenergo, Main Gas Pipelines of Ukraine and Market Operator transferred under the management of the Ministry of Energy

The final transfer will take place in accordance with the roadmap provided by the Energy Community.

SE Market Operator adopted the international financial reporting standards

The Cabinet of Ministers approved the accounting policy of the state enterprise.

Market Operator received a positive opinion from an independent auditor

An audit of the organization of the DAM and the IDM work was carried out.

Day Ahead Market: August Results

Prices in Ukraine are lower than in neighboring European countries.

The DAM and IDM in the 1st half of 2020: surplus and low price

The weighted average price on the DAM is 12% lower, on the IDM – by 21% compared to the previous year.

Price indices of the DAM in the IPS of Ukraine in April

Average weighted price decreased by 9.07% compared to March.

Electricity sales on the day-ahead market decreased in February

According to the state-owned enterprise Market Operator, the volume of electricity sales on the day-ahead market (DAM) in the IPS of Ukraine trade zone decreased by 12.53% in February 2020.