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NKREKP: Electricity in Ukraine fell to levels below cost

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the Regulator initiated an investigation into the sharp fall in electricity prices in Ukraine.

NKREKP: Electricity in Ukraine fell to levels below cost

the national Commission, carrying out state regulation in the energy and utilities (NKREKP) of Ukraine is investigating the causes of the fall of electricity prices on the market "for days forward" (RDA) on April 11 606,26 hryvnia per MWh, a historic low and is below the cost of most types of generation. This was during the online-meetings organized by the Energy Club, said a member NKREKP Olga Babiy.

"last week, the price in the market "for days forward" has reached a historical low and was at the level of prices in 2015 - it was a price in the range of 600 hryvnia. The national Commission intervened quickly in this situation, we understand what is happening in the market and now carry out certain investigation and verification, why it happened," she said.

Babi admitted that it was the increased supply of electricity from renewable energy sources (RES) leads to a fall in prices on RDN.

"this year we will produce nearly 2 times more "green" electricity, which brings down the market is 10 billion kWh", - said the member of the regulator.

Earlier it was reported that controlled by billionaire Rinat Akhmetov's energy company DTEK savila of a systemic crisis in the electricity market of Ukraine. This crisis led to the imbalance of the energy system and the impossibility of stable work of coal mines, the company said.

in addition, DTEK-Energo, part of the DTEK, savilathat may suspend the largest coal enterprises of Ukraine Pavlogradugol due to non-payment for electricity caused by the pandemic.

In Europe, electricity prices last week fell to a 2-year low.

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