The weekly energy market update from Ukraine, dated November 25, 2021, highlights fluctuations in electricity prices, with Nord Pool's average price at 61 EUR/MWh and Ukraine's market price at 2983 UAH/MWh. Generation from renewable sources saw a decrease in solar energy by 33.4% while wind energy increased by 44.1%. The report also mentions ongoing geopolitical tensions affecting energy supply commitments and strategic movements in the European energy market.

1. EU & Ukraine
UARE ENERGY
25 November 2021
Weekly Energy Market Update
page 01
Ukrainian Association of Renewable Energy
Address: 01601, Kyiv,
3, Mechnikova Str., office 810.
Phone / Fax: +38 (044) 379 12 95
web site: https://uare.com.ua/
e-mail: info@uare.com.ua
Source: NordPool
Energy week review
International energy market
NordPool system electricity price,
EUR MWh
OTE Market (Czech Rep.),
EUR MWh
Source: OTE
OREE Market (Ukraine),
UAH MWh
Source: OREE
System price on electricity DAM market of Nord Pool during 15-21 Nov 2021 stood
at average of 61 EUR (-18% to 8-14 Nov 2021 at 74,45 EUR MWh). OTE Market DAM
price - 170,13 during 15-21 Nov 2021 (-0,1% to 8-14 Nov 2021 at 170,35 EUR).
Ukraine’s OREE DAM IES price stood at average 2983 UAH MWh during 15-21 Nov
2021 (-2,9% to 3070,64 during 8-14 Nov 2021).
TSO’s limitations on RES‘s placed on:
16 Nov 2021 from 00:40 to 05:51 - to 701 MW,
21 Nov 2021 from 03:30 to 06:10 - to 353 MW,
from 11:32 to 13:31 - to 612 MW,
22 Nov 2021 from 00:36 to 06:11 - to 1038 MW.
PV’s generation decreased by 33,4% to 70,5 mln kWh and Wind
increased by 44,1% to 104,1 mln kWh. RES covered 5% of loading (-1 p.p.).
TPPs’generation decreased by 12,1% to 713,7 (22% of loading) comparing to 812
mln kWh of the preceding week. Utilization of electricity in Ukraine during 15-21
Nov 2021 stood at 3,24 bln kWh (+4,2% to the preceding week).
Russian energy minister says no talks between Russia and Ukraine on
coal supplies - TASS.
European Gas Extends Gains as Russia Keeps Grip on Supply - Bloomberg.com.
Europe Gas Gains as Traders Await Russia's December Export Plans - Bloomberg.
How the renewables revolution can move from catchphrase to reality - Bulletin
of the Atomic Scientists.
German regulator puts brake on Nord Stream 2 in fresh blow to gas pipeline - Reuters.
Natural-Gas Prices Jump as Germany Pauses Certification of Russian Pipeline - WSJ.
Gazprom Starts Boosting EU Gas Supplies, Rejects Offer of Extra Capacity - The
Moscow Times.
RWE lays out plans to invest billions in renewables - CNBC.
China to encourage power users to directly buy renewables in
cross-province spot trading - Reuters.
How to Stop Moscow From Squeezing Ukraine's Energy Sector - Foreign Policy.
Ukraine's largest private power producer threatens legal action over
green energy dues - Reuters.
EU winter crisis as Belarus cuts electricity and Russian gas to remain
off until March - Daily Express.
FPRI BMB Ukraine: Ukraine facing a potential energy crisis this winter - bne IntelliNews.
Putin's Priority Is Selling Gas, Not Waging War - The Washington Post.
Analyst: EU must force Gazprom to supply gas to Russia-Ukraine border - EURACTIV.com.
How the global energy crunch is boosting oilsands' shift to renewables - Financial Post.
Op-Ed: For Europe, Renewables Would Be Better Than Nord
Stream 2 - The Maritime Executive.
JERA will buy 25.7% of the Freeport LNG project (US) for US$2.5bn.
China's 2022 renewable power subsidy will mostly go to solar (59%).
Andhra Pradesh (India) approves PPAs for 7,000 MW of solar power.
AGEL (India) targets 45 GW of renewable capacity by 2030.
Source: Enerdata & Google’s Alerts
0
20
40
60
80
100
120
15 16 17 18 19 20 21
Nov., 2021
0
50
100
150
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250
300
350
15 16 17 18 19 20 21
Nov., 2021
40
540
1 040
1 540
2 040
2 540
3 040
3 540
4 040
4 540
15 16 17 18 19 20 21
Nov., 2021