Low Carbon Ukraine | Publications

#Electricity Market

March 22, 2024 — Policy Briefing

Pathways for the decarbonisation of Ukraine’s power sector. Scenario comparison, impact of CBAM and the role of Ukraine’s upcoming Emissions Trading System (ETS)

The Policy Briefing “Pathways for the decarbonisation of Ukraine’s power sector. Scenario comparison, impact of CBAM and the role of Ukraine’s upcoming Emissions Trading System (ETS)” outlines possible pathways for the decarbonisation of Ukraine’s power sector. Different scenarios based on work by Low Carbon Ukraine and modelling by other recent studies outlining net-zero pathways for

Decarbonisation of the Power Sector and ETS

March 7, 2024 — Policy Briefing

Exemption of electricity exports from EU-CBAM. Conditions for exemption and assessment for Ukraine

This Policy Briefing accompanies the Policy Paper“Exemption of electricity exports from EU-CBAM. Conditions for exemption and assessment for Ukraine”. It examines Ukraine’s alignment with the EU’s Carbon Border Adjustment Mechanism (CBAM) conditions for exempting its electricity exports. Enacted in October 2023, the CBAM mandates importers of specific goods, including electricity, to account and pay for

CBAM Exemption conditions for Electricity

May 6, 2021 — Policy Note

Synchronising Ukraine’s and Europe’s electricity grids

Synchronising Ukraine’s and Europe’s electricity grids will be expensive, but hugely beneficial. This paper discusses the challenges and potential benefits in detail.

Synchronising Ukraine´s and Europe´s electricity grids

May 5, 2021 — Policy Note

Increasing RES electricity generation through competitive auctioning of feed-in premiums

We propose regulatory changes that would reduce RES imbalances, ensure a more efficient dispatch of Ukraine’s electricity system and hence reduce the need for costly balancing energy.

Increasing RES electricity generation through competitive auctioning of feed-in premiums (2021, PN, en)

May 4, 2021 — Policy Note

Reforming Ukraine’s electricity market

We assess the recent market development after the first year of market opening, and address a number of issues that we deem critical for ensuring the development of a stable, transparent and competitive market.

Reforming Ukraine’s electricity market

September 23, 2020 — Monitor of Electricity Market Opening

The first year of operation under the new electricity wholesale market

Our 5th issue of the MEMO series now takes stock of the first 12 months of operation under the new wholesale market.

MEMO #5 (09/2020, en)

September 3, 2020 — Policy Briefing

NPP Analysis – May 2020

NPP electricity generation in May was significantly below the economic efficient level. This cannot be explained by Covid-related demand decrease or a high RES generation share.

NPP Analysis May 2020 (08/10/2020, PB, en)

April 23, 2020 — Monitor of Electricity Market Opening

Seven months of market opening – stocktaking

Frequent changes to the legal framework fail to address the structural problems. Loopholes undermine the market and speed up debts’ accumulation. Extended data transparency is an upside of the reform.

MEMO #4 (04/2020, en)

March 20, 2020 — Quarterly Monitoring Report

Energy Strategy 2035. Implementation progress Nov 2019 – Feb 2020

Progress of Ukraine’s 2050 Green Energy Transition Concept. Legislative amendments to the electricity market. FIT restructuring issues. Signing of gas transit deal. Regulatory framework on energy storage. Carbon taxation.

Quarterly Monitoring Report (03/2020, en)

March 5, 2020 — Policy Evaluation

Recommendations on energy storage

Ukraine’s electricity market does not need state support for energy storage projects. It needs a properly working electricity market aligned with the EU 4th Energy Package to boost the flexibility of the grid.

Energy storage (03/05/2020, PE, en)

December 20, 2019 — Policy Briefing

Electricity for all

Basic technological & economic features of electricity markets (in EU countries). Challenges in market development: new forms of trading, sector coupling and digitalisation.

Electricity for all (20/12/2019, PB, en)

December 10, 2019 — Policy Briefing

CO2 taxation in Ukraine

Tax revenues from a potential upstream carbon tax in Ukraine of 27UAH/t CO2 are estimated between UAH 5.6 and 6.1 bln. Price increases from taxation are strongest for coal (+3.5%-4.3%).

CO2 Taxation (12/19/2019, PB, en)

November 8, 2019 — Policy Briefing

Russian Ukrainian Electricity Trade

Increasing electricity imports from Russia can help to improve competition, reduce prices and reduce emissions. But it should be regulated to minimize adverse effects.

Russian-Ukrainian Electricity Trade (12/20/2019, PB, en)

September 30, 2019 — Monitor of Electricity Market Opening

Developments on the electricity market Sep 2019

Market power remains strong and starts exploiting balancing market. Changes to PSO does not help the competition. Prices in the IPS start to drop as nuclear power ramps up production.

MEMO #3 (09/2019, en)

August 23, 2019 — Policy Briefing

Making Ukraine’s Electricity Market work for Ukrainians

Analysis of (inflated) wholesale prices after electricity market opening. What could be done in the short and long run to fix this?

Recommendations: functioning electricity market (08/23/2019, PB, en)

August 12, 2019 — Monitor of Electricity Market Opening

Developments on the electricity market Jul-Aug 2019

Prices are stable as the market shows no signs of effective competition. Increase of import to the BEI does not affect prices. Price caps are higher than the estimated marginal costs of coal generators.

MEMO #2 (08/2019, en)

July 19, 2019 — Monitor of Electricity Market Opening

The first two weeks of market opening

Ukraine has finally opened its electricity market despite many concerns. Prices are high, some market segments do not work properly, and the smaller BEI trading zone is under the reign of monopoly.

MEMO #1 (07/2019, en)

June 27, 2019 — Policy Briefing

Electricity Market Opening – assessment of latest regulations

Before the deadline for electricity market opening, Ukraine’s official work hard to patch the holes in the upcoming regulatory framework. Does it help or constraints the future market?

Market Opening: Latest Regulations (06/27/2019, PB, en)

June 26, 2019 — Policy Paper

Ukraine on the way to a functioning electricity market

Main features of a successful electricity market based on the 20 years’ history in opening the EU electricity market. Lessons learnt and best practises for the Ukrainian context.

Functioning electricity market (06/26/2019, PP, en)

May 28, 2019 — Policy Briefing

Summary: Risks of opening the Ukrainian Electricity Market

Ukraine is about to liberalise its electricity market. Yet the devil is in the details: the rules are far from perfect and key players are not ready. What are the risks?

Summary Market Opening Risks (05/28/2019, PB, en)

May 28, 2019 — Policy Briefing

Analysis: Risks of opening the Ukrainian Electricity Market

The market opening on July 1st may have negative impact on final prices for industries and economy as a whole. With little time left, at least critical risks should be mitigated.

Analysis Market Opening Risks (05/28/2019, PB, en)

May 7, 2019 — Policy Note

Challenges of the Electricity Market Reform

Analysis of implementation challenges related to wholesale market reform, in particular preparation, coordination, issues of market design, concentration and liquidity.

Electricity Market Reform (05/07/2019, PN, en)

May 7, 2019 — Policy Note

Debts in the Ukrainian Electricity System

Accumulated debt poses a major obstacle on the way towards a new electricity market. A solution to this problem needs to be found before the new market design is introduced.

Debts in the Electricity System (05/07/2019, PN, en)

March 28, 2019 — Policy Briefing

A Scenario based 2035 Forecast of Electricity Demand in Ukraine

Ukraine’s 2035 electricity demand is estimated based on GDP growth, electricity price and energy efficiency trajectories. Only in a high GDP growth scenario, demand increases substantially.

2035 Forecast of Electricity Demand (03/28/2019, PB, en)

Publications

#Electricity Market

Pathways for the decarbonisation of Ukraine’s power sector. Scenario comparison, impact of CBAM and the role of Ukraine’s upcoming Emissions Trading System (ETS)

Exemption of electricity exports from EU-CBAM. Conditions for exemption and assessment for Ukraine

Synchronising Ukraine’s and Europe’s electricity grids

Increasing RES electricity generation through competitive auctioning of feed-in premiums

Reforming Ukraine’s electricity market

The first year of operation under the new electricity wholesale market

NPP Analysis – May 2020

Seven months of market opening – stocktaking

Energy Strategy 2035. Implementation progress Nov 2019 – Feb 2020

Recommendations on energy storage

Electricity for all

CO2 taxation in Ukraine

Russian Ukrainian Electricity Trade

Developments on the electricity market Sep 2019

Making Ukraine’s Electricity Market work for Ukrainians

Developments on the electricity market Jul-Aug 2019

The first two weeks of market opening

Electricity Market Opening – assessment of latest regulations

Ukraine on the way to a functioning electricity market

Summary: Risks of opening the Ukrainian Electricity Market

Analysis: Risks of opening the Ukrainian Electricity Market

Challenges of the Electricity Market Reform

Debts in the Ukrainian Electricity System

A Scenario based 2035 Forecast of Electricity Demand in Ukraine

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