UEEX results in February 2020

During February 2021, 98 trading session were conducted on UEEX in PP BETS and on BETS "Electric Power". Trading sessions on short-term natural gas market were conducted every day. In general, during the month, total value of sold energy resources amounted UAH 8,7 bln. (with VAT), that is 28% more that in February of 2020.

In February 2021, compared to February 2020, the main areas of UEEX activity maintained a dynamic growth in trading volumes in many areas. For example, in terms of value of electricity at free prices were sold 238% more, natural gas - 101% more, petroleum products - 142% more and liquefied gas - 80% more than in February last year.

Activity in the medium- and long-term natural gas market remains high, and in the short-term market it is gradually increasing (trading volumes increased 9 times compared to January). In February, the participants offered resources and concluded agreements not only for the purchase and sale of resources for the current and next month, which is typical for the market as a whole, but also for subsequent calendar months (similar to Month + 2).

In the direction of "Electricity" in February there were regulatory changes, so, a limit of 20 percent of the total number of lots put by the seller in the position (but in any case not more than 50 lots), which allowed to participate in auctions for more companies and helped to reduce the range between maximum and minimum transaction prices within the position. There was a high activity in the commercial sections, where the participating companies concluded agreements mainly with the use of coefficients from the DAM.

"The results of February show an increase in trading activity. The development of the exchange segment has a significant positive effect on the activities of energy markets and economic growth in general, because prices are set as a result of competition of a large number of participants"- commented UEEX CEO, O. Kovalenko.