Energoatom-Trading once again successfully realized electricity at UEEX

On April 4 on the platform of the Ukrainian Energy Exchange Energoatom-Trading once again sold electricity at free prices. Thus, the total sales volume of the company was 332 928 MWh, which is 57.8% of the starting volume.

Electricity of base load with delivery on May 8-31 was put up for auction.

The auction was distinguished by extremely high activity of the participants. Thus, at the auction on May 4 were declared 29 participants, and the winners were 17 companies.

The base load price offered by Energoatom-Trading was reduced during the auction. Thus, the weighted average selling price of the position was UAH 1 223.41 without VAT, which is 12.6% lower than the starting price.

The Ukrainian Energy Exchange welcomes the growing interest of market participants in the auctions initiated by Energoatom-trading. The presence of base load energy in the market of bilateral contracts is the basis for its development. UEEX specialists are already working on improving the mechanism of holding auctions in specialized sections like commercial ones. Therefore, in the near future, the possibility of trading using coefficients will be available for Energoatom-Trading auctions. This step should support the interest of market participants in these auctions, taking into account conditions of high volatility and low price predictability on the wholesale electricity market in Ukraine in the long run, and lead to increased sales in the future," - said CEO of UEEX Oleksandr Kovalenko.