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EU & Ukraine
UARE ENERGY
11 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 1-7 Nov 2021 stood
at average of 56,46 (+47,5% to 25-31 Oct 2021 at 38,28 EUR MWh). OTE Market DAM
price - 139,84 during 31 Oct - 6 Nov 2021 (+4,8% to 24-30 Oct 2021 at 133,42 EUR).
Ukraine’s OREE DAM IES price stood at average 3079,2 UAH MWh during 1-7 Nov 2021
(+9,5% to 2812 during 25-31 Oct 2021).
TSO’s limitations on RES‘s generation were not placed.
PV’s generation decreased by 54,5% to 69 mln kWh and Wind
- by 4,4% to 62,1 mln kWh. RES covered 4% of loading (-3 p.p.).
TPPs’generation increased by 3,7% to 897 (30% of loading) comparing to 865
mln kWh of the preceding week. Utilization of electricity in Ukraine during
1-7 Nov 2021 stood at 2,97 bln kWh (-0,5% to the preceding week).
Biden: Russia can't manipulate natural gas for political purposes | TheHill.
A Russian Pipeline Changes Direction, and Energy Politics Come to the Fore
- The New York Times.
Europe's energy crisis deepens as Russia cuts gas exports | S&P Global Platts.
Russian coal supply to Ukraine halts amid deepening energy crisis | ICIS.
Europe must reduce its dependence on Russian gas | View | Euronews.
Renewables didn't cause the energy crisis — but they can help to resolve it | TheHill.
World's Cheapest Renewables Will Aid India's Push to Net Zero - Bloomberg.
Emergency supplies of electricity to Ukraine started — Belarusian ministry -
Business ... - TASS.
Russia keeps Europe waiting on new gas supplies | Reuters.
Russia's Gazprom Declines To Book Extra Capacity On Ukraine, Poland Pipelines -
Radio Free Europe.
India's 2070 Climate Target Is a Far Bigger Deal Than It Sounds - Bloomberg.com.
Gap between renewable energy and power demand: oil, gas, coal needed - CNBC.
Ukraine faces energy crisis as Putin weaponizes gas and coal supplies
- Atlantic Council.
Egypt aims to generate 42% of power from renewables by 2030 | Reuters.
Decisive Times For Oil And Gas Companies As They Transition To Renewables - Forbes.
South Africa awards 2.6 GW at US$31.1/MWh in renewable auction.
Scotland launches consultation on an additional 8-12 GW of onshore wind by 2030.
Denmark's technology neutral auction for 429 MW receives no bids.
The United States seeks to advance offshore wind in the Atlantic and Gulf of Mexico.
Malaysia's SHB signs deal to build 500 MW of solar capacity in Taiwan by 2025.
Indonesia commissions a 500 MW gas-fired power plant near Jakarta.
The Dutch Ijmuiden Ver offshore wind zone will have a capacity of 6 GW.
Belgium will subsidise two Engie gas-fired projects under its capacity scheme.
Several economies made new climate pledges ahead of COP 26.
Australian power TSO AusNet agrees to Brookfield's US$7.7bn takeover offer.
Moldova signs a new gas supply agreement with Russia's Gazprom.
Turkey will raise gas prices by 47% for power plants and 48% for industry.
AC Energy will build a 200 MW solar project in the Philippines.
Rosatom secures construction permit for Akkuyu-4 nuclear reactor (Turkey).
Iberdrola and TotalEnergies join forces in Norway’s next offshore wind round.
Portugal's EDPR acquires Sunseap, a Singapore-based renewable developer.
India launches a tender for a 600 MW floating solar project.
Source: Enerdata & Google’s Alerts
0
20
40
60
80
100
120
140
1 2 3 4 5 6 7
Nov., 2021
40
540
1 040
1 540
2 040
2 540
3 040
3 540
4 040
4 540
1 2 3 4 5 6 7
Nov., 2021
0
50
100
150
200
250
300
350
31 1 2 3 4 5 6
Nov., 2021

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UARE Week review of electricity market in Europe and Ukraine as of 11 Nov 2021

  • 1. EU & Ukraine UARE ENERGY 11 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 1-7 Nov 2021 stood at average of 56,46 (+47,5% to 25-31 Oct 2021 at 38,28 EUR MWh). OTE Market DAM price - 139,84 during 31 Oct - 6 Nov 2021 (+4,8% to 24-30 Oct 2021 at 133,42 EUR). Ukraine’s OREE DAM IES price stood at average 3079,2 UAH MWh during 1-7 Nov 2021 (+9,5% to 2812 during 25-31 Oct 2021). TSO’s limitations on RES‘s generation were not placed. PV’s generation decreased by 54,5% to 69 mln kWh and Wind - by 4,4% to 62,1 mln kWh. RES covered 4% of loading (-3 p.p.). TPPs’generation increased by 3,7% to 897 (30% of loading) comparing to 865 mln kWh of the preceding week. Utilization of electricity in Ukraine during 1-7 Nov 2021 stood at 2,97 bln kWh (-0,5% to the preceding week). Biden: Russia can't manipulate natural gas for political purposes | TheHill. A Russian Pipeline Changes Direction, and Energy Politics Come to the Fore - The New York Times. Europe's energy crisis deepens as Russia cuts gas exports | S&P Global Platts. Russian coal supply to Ukraine halts amid deepening energy crisis | ICIS. Europe must reduce its dependence on Russian gas | View | Euronews. Renewables didn't cause the energy crisis — but they can help to resolve it | TheHill. World's Cheapest Renewables Will Aid India's Push to Net Zero - Bloomberg. Emergency supplies of electricity to Ukraine started — Belarusian ministry - Business ... - TASS. Russia keeps Europe waiting on new gas supplies | Reuters. Russia's Gazprom Declines To Book Extra Capacity On Ukraine, Poland Pipelines - Radio Free Europe. India's 2070 Climate Target Is a Far Bigger Deal Than It Sounds - Bloomberg.com. Gap between renewable energy and power demand: oil, gas, coal needed - CNBC. Ukraine faces energy crisis as Putin weaponizes gas and coal supplies - Atlantic Council. Egypt aims to generate 42% of power from renewables by 2030 | Reuters. Decisive Times For Oil And Gas Companies As They Transition To Renewables - Forbes. South Africa awards 2.6 GW at US$31.1/MWh in renewable auction. Scotland launches consultation on an additional 8-12 GW of onshore wind by 2030. Denmark's technology neutral auction for 429 MW receives no bids. The United States seeks to advance offshore wind in the Atlantic and Gulf of Mexico. Malaysia's SHB signs deal to build 500 MW of solar capacity in Taiwan by 2025. Indonesia commissions a 500 MW gas-fired power plant near Jakarta. The Dutch Ijmuiden Ver offshore wind zone will have a capacity of 6 GW. Belgium will subsidise two Engie gas-fired projects under its capacity scheme. Several economies made new climate pledges ahead of COP 26. Australian power TSO AusNet agrees to Brookfield's US$7.7bn takeover offer. Moldova signs a new gas supply agreement with Russia's Gazprom. Turkey will raise gas prices by 47% for power plants and 48% for industry. AC Energy will build a 200 MW solar project in the Philippines. Rosatom secures construction permit for Akkuyu-4 nuclear reactor (Turkey). Iberdrola and TotalEnergies join forces in Norway’s next offshore wind round. Portugal's EDPR acquires Sunseap, a Singapore-based renewable developer. India launches a tender for a 600 MW floating solar project. Source: Enerdata & Google’s Alerts 0 20 40 60 80 100 120 140 1 2 3 4 5 6 7 Nov., 2021 40 540 1 040 1 540 2 040 2 540 3 040 3 540 4 040 4 540 1 2 3 4 5 6 7 Nov., 2021 0 50 100 150 200 250 300 350 31 1 2 3 4 5 6 Nov., 2021