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DTEK participated in the first power trading session on the new Day Ahead Market. The closing price of UAH 1.569 per kWh was 12% lower than the prices DTEK sold its power during the 1H/ 2019.

01 July 2019, Ukraine
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DTEK participated in the first power trading session on the new Day Ahead Market. The closing price of UAH 1.569 per kWh was 12% lower than the prices DTEK sold its power during the 1H/ 2019.
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On July 1, 2019 Ukraine has launched new liberalized power market. DTEK participated in the first power trading session on the Day Ahead Market. The closing price for the first trading session dropped to UAH 1.569 per kWh which represents a 12% decline in comparison to the 1H/2019 levels.

State Enterprise "Market Operator" has held the first competitive trading on the Day Ahead Market (DAM) – the main exchange segment of the new market, where electricity is sold on a daily basis. DAM is the main price reference for the market participants except for the household consumers where tariffs are regulated under the PSO provisions of the Law.

The first day volume of 150.9 million kWh was sold on the DAM platform at an average price of UAH 1.594 per kWh. The closing price of DTEK’s TPPs on the DAM was UAH 1.569 per kWh. Tariffs for households remain unchanged. Ukraine’s household tariffs are among the lowest in Europe.

DTEK welcomes the launch of the new liberalized power market model. It is similar to the European power markets. It will create a transparent environment conducive to competition, liquidity and capital investments to the Ukrainian power sector. The launch of a competitive electricity market is one of Ukraine’s obligations to the European Union and is required by the Third Energy Package of the EU.

DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.

Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.