“Guaranteed Buyer” has successfully sold all nominated 150 thousand MWh of electricity at UEEX

SE “Guaranteed Buyer” sells electricity produced from alternative resources and purchased at a fixed “green” tariff. On March 9, 2021, the Ukrainian Energy Exchange held another auction for the sale of electricity under bilateral contracts. State Enterprise has sold all nominated volume of electricity – 150 thousand MWh for the total amount of UAH 203 mln.

There were proposed 5 position to the auction for the delivery period from April 1 to April 30, 2021.The weighted average price formed according to the auction results on the base load schedule, amounted UAH 1 300,25 / MWh. By the block position, on the schedule 8-19 hours the price was UAH 1 453,85 /MWh, 10-16 hours - UAH 1 320,85 /MWh, 11-15 hours - UAH 1 194,85 /MWh, 13-14 hours - UAH 1 201,85 /MWh. Totally 55 agreements were concluded and 13 winners were determined.

“Electricity market participants have an opportunity to choose the hours and volumes, which they intend to purchase, starting from the smallest indicators – that is the main advantage of the auctions initiated by SE “Guaranteed Buyer”. “Green” electricity auctions traditionally have a high level of competition, which contributes to market prices” – commented auctions results UEEX CEO Oleksandr Kovalenko.

“Green” electricity auctions traditionally have a high level of competition, which contributes to market prices." Recall, according to the order of the auction for the sale of electricity under bilateral contracts, trading was carried out to increase the price, which allowed the “Guaranteed Buyer” to earn additional about UAH 31,8 million.