Businesses purchased the entire volume of electricity at the first long-term auctions

The first electricity auctions under the new long-term contract mechanism have taken place in Ukraine. This is stated in a press release from the Ukrainian Energy Exchange (UEEX).

At the auctions for deliveries in August–September 2026, the state-owned generating companies Energoatom and Ukrhydroenergo sold the entire volume on offer – a total of 92,232 MWh. A total of 42 companies were admitted to participate in the auctions.

Energoatom sold 80,520 MWh, with a weighted average selling price of 5,012.53 UAH/MWh (against a starting price of 4,700 UAH/MWh). A total of 25 contracts were concluded as a result of the auction.

Ukrhydroenergo sold 11,712 MWh, concluding 4 deals at a weighted average price of 4,700 UAH/MWh.

As noted by UEEX Director-General Oleksandr Kovalenko, the initial results of the auctions confirm participants’ interest in using long-term market instruments.

“Such auctions create additional opportunities for predictable planning of activities for both electricity consumers and producers, and also contribute to the development of a transparent, competitive and liquid electricity market in Ukraine,” he explained.

It should be recalled that the Ukrainian government decided to launch long-term contracts on the electricity market in June this year. Industrial consumers will be able to fix prices for a quarter, half a year or a year in advance.

Further auctions are scheduled as follows: 20 July (for contracts covering August–December 2026), 27 July (for contracts covering August 2026–June 2027).