Companies of the EKU balancing group received an additional UAH 1.2 billion
These revenues were obtained over two years of operation of the balancing group due to the optimization of electricity imbalances
Thanks to the optimization of electricity imbalances, state-owned enterprises from the balancing group of the state energy trader JSC "Energy Company of Ukraine" (ECU) received additional income in the amount of UAH 1.2 billion over the two years of its operation.
This was reported by the company's CEO Vitaly Butenko in a blitz interview with "Energoreform".
"And precisely due to the fact that the balancing group (BG) of the EKU is large, it works very effectively, offering high levels of imbalance optimization (…). Only state-owned enterprises that are part of the BG of the EKU have received UAH 1.2 billion more in two years of its operation than they would have if they had continued to work as before. In fact, this is UAH 1.2 billion in additional state revenues," said Vitaliy Butenko.
According to him, the portfolio of consumers to whom EKU supplies electricity already represents more than 10% of GDP, and among them are dozens of strategic enterprises.
The head of EKU also noted that in recent months the balancing group has already included two gas-fired generating plants built by one of the Ukrainian enterprises.
"By concluding agreements with us to participate in the balancing group, they were able to significantly save money on optimizing imbalances already at the testing stage," added Vitaliy Butenko.
In 2024, the volume of imbalance optimization continued to grow. And according to this indicator, BG EKU won the competition from private companies, becoming the largest in the country, the CEO of EKU reported.
The balancing group created by EKU includes, in particular, NNEGC Energoatom.
As reported by "Ukrainian Energy", the state energy trader JSC "Energy Company of Ukraine" (ECU) imported more than 10 times more electricity in the first half of 2024 than in the same period in 2023.
The EKU advocates the adoption of European norms in the electricity market: if the complete abolition of price caps (limit prices) in all segments of the energy market is impossible, then it is worth establishing price limits at the European market level. According to the state energy trader, this is a necessary step towards the unification of the European and Ukrainian energy markets.
