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Automatically translated version. May contain inaccuracies compared to the original.
Chair of the Verkhovna Rada Committee on Energy and Housing and Communal Services Andriy Gerus demands the immediate dismissal of the management of SE "Energoatom-Trading," which organized an auction to sell electricity on 27 October.
As Dilo writes, this is reported by "Dzerkalo Tyzhnia."
The lawmaker sent letters with the corresponding demand to Prime Minister of Ukraine Serhii Koretskyi, Speaker of Parliament Ruslan Stefanchuk, Head of the Office of the President Kyrylo Budanov, the ministers of energy, economy, and finance, the chair of the NERC (National Energy and Utilities Regulatory Commission), and the company’s supervisory board.
Gerus also asks to cancel the contracts resulting from this auction and return the funds that Energoatom did not receive. He further demands that the presented facts be investigated, that a recurrence be prevented, and that the committee be informed of the results. According to Gerus, the reason is potential losses to the state company of up to 1,8 billion UAH.
What happened
On 27 October Energoatom in the morning sold 2 000 MW of baseload for delivery on 1–10 November at a weighted-average price of 5 313,78 UAH/MWh excluding VAT. That same day the company sharply raised its bid prices on the day-ahead market (DAM), and the BASE index on 28 October rose by 82,8%. The average DAM price for 1–6 November is 9 098,32 UAH/MWh, i.e., 71% higher than the auction price. DAM trading results were published around 13:40, already after Energoatom’s auction had concluded.
The committee believes that only one trader could have received the insider information in time. This concerns a meeting at the Ministry of Energy on 26 October, where increases in Energoatom’s bid prices and Ukrenergo’s opening of daytime export were discussed.
According to the committee, the deputy director of D.Trading LLC (DTEK group) attended, while other buyers and state traders EKU and Naftogaz of Ukraine were not invited. The next morning D.Trading bought 315 MW at the auction, although it had purchased only 45 MW for the previous ten-day period.
Gerus recalled a similar situation in January 2026 and the July sale of an enlarged lot to D.Trading at a lower price; together these form a systemic pattern that he says must be investigated independently.
Separately the deputy emphasizes that Energoatom is 100% state-owned, and its lost revenues reduce budget receipts at a time of deficit.
The situation repeats
A similar situation occurred with prior Energoatom auctions. In winter Gerus stated that bilateral purchase-sale agreements of NAEC Energoatom concluded as a result of the auction on 14 January, before the increase of cap prices on spot markets, should be terminated to minimize the company’s losses, which he now estimates at about 2 billion UAH.
Gerus asserted that on 14 January Energoatom sold 2100 MW of baseload for delivery on 21–31 January. The average price then was 7565,55 UAH/MWh. After an operational raising of price caps from 18 January, already on 21–22 January the average day-ahead market price was 11 484 UAH, which was 52%, or 3 918 UAH higher than the auction price of 14 January.
After that D.Trading (DTEK group) terminated the contract to buy electricity from Energoatom and paid 164 million UAH in compensation.
Also, nine traders voluntarily terminated contracts with NAEC Energoatom for electricity delivery following the trades on 14 January. In total this concerns nearly 1 GW of capacity, which helped minimize economic losses.
Document: PDF proof of the original version of the news item ""Енергоатом" знову втрапив у скандал з продажем електроенергії за заниженими цінами окремим трейдерам: деталі". It records the publication content at the moment of the first scan, the preservation date and the source: Delo.ua.
