JUNE 2023: THE VOLUME OF ELECTRICITY TRADING ON THE IDM INCREASED BY 80.27%
07.07.2023
In June 2023, the BASE price index on the Ukrainian DAM amounted to UAH 2,890.05/MWh, which is 1.57% higher than the average electricity price in May of this year. The weighted average price for the purchase and sale of electricity on the DAM is 3.64% higher compared to the previous month, and amounts to 2,971.47 UAH/MWh. On the intraday market, the weighted average price of electricity accepted in June amounted to 2,935.68 UAH/MWh, which is 11.52% lower than the May average price on the IDM.
The trading volume on the day-ahead market decreased by 5.78%, and on the intraday market increased by 80.27%, so that the amount of 1,629,679.4 MWh was accepted on both market segments for June 2023. The demand on the DAM increased by 0.88%, while supply decreased by 11.86% in June. The demand increased by 78.69%, while supply increased by 2.60% on the IDM.
The average prices for electricity on the Ukrainian day-ahead market are more than 1.25 times lower than the average prices on the DAM of Romania, Slovakia and Hungary.
*All prices are exclusive of VAT
For more details of operation of the DAM and IDM, please see the report of JSC “Market Operator” for June 2023 in interactive and PDF formats in Ukrainian and English languages.
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