The regulator raised price caps on the electricity market during evening peak hours by 1.6 times

The decision will come into force on July 31

The National Commission for State Regulation of Energy and Public Utilities (NEURC) has raised the ceiling prices on the electricity market in the evening hours (from 5 p.m. to 11 p.m.) by 1.6 times, Interfax Ukraine reports.

The decision will take effect on July 31, 2025.

According to the resolution, from 17:00 to 23:00, the maximum prices on the day-ahead market (DAM) and intraday market (IDM) are set at UAH 15,000/MWh (currently UAH 9,000/MWh), and on the balancing market at UAH 16,000/MWh (currently UAH 10,000/MWh).

In all other time intervals, price caps remain at the current level.

The regulator, in particular, justifies the change by ensuring import parity to create conditions for attracting the maximum volume of commercial electricity imports and its uninterrupted supply to consumers, as stated in the rationale for the resolution.

According to the resolution of May 27, the maximum price caps set by the NEURC for the DAM and IDM are as follows:

from 00:00 to 7:00, from 11:00 to 17:00 – 5.6 thousand UAH/MWh,
from 7:00 a.m. to 11:00 a.m. and from 11:00 p.m. to midnight – 6.9 thousand UAH/MWh,
from 5:00 p.m. to 11:00 p.m. – 9 thousand UAH/MWh.

The minimum price cap is 10 UAH/MWh.

The maximum price caps on the balancing market are:

from 00:00 to 7:00 – 6.6 thousand UAH/MWh,
from 7:00 to 17:00 and from 23:00 to 24:00 – 8.25 thousand UAH/MWh,
from 17:00 to 23:00 – 10 thousand UAH/MWh,

The minimum price cap is 0.01 UAH/MWh.

In the EU, average monthly wholesale prices for day-ahead electricity in June showed mixed trends, depending on the market. Last month’s situation was influenced by rising gas prices, fluctuations in the cost of CO2 emission allowances, hot weather in Europe and the resulting increase in demand, as well as the generation mix. At the same time, European markets also recorded negative hourly prices during both daytime and nighttime periods.