Moscow August 30, 2019. Over the past week the electricity consumption grew in both market price zones. Since the start of 2019 and compared to the same period last year the accrued overall electricity consumption fell in both market price zones.
The average weekly indices of equilibrium prices compared to last week were lower in both market price zones. Since the start of 2019 and compared to the same period last year the average price indices were higher in both market price zones.
The total electricity consumption of the day-ahead market over the past week amounted to 16.70 million MWh. In the European Part of Russia and Ural the electricity consumption has grown by 0.8% since last week and totaled 13.35 million MWh. The total electricity consumption in the European Part of Russia and Ural since the start of the year fell by 0.2%. The electricity consumption in Siberia grew by 0.6% since last week and totaled 3.35 million MWh. Compared to the same period last year, the electricity consumption in Siberia fell by 0.1% since the start of the year.
The past week the thermal production share in the generation mix of the European Part of Russia and Ural fell by 1.2 percentage points compared to last week and by 3.2 percentage points to the average figure since the start of the year 2019. In Siberia, the thermal production share fell by 0.6 percentage point compared to last week level and by 23.0 percentage points - since the start of the year 2019.
In the European Part of Russia and Ural thermal power plants accounted for 62.68% of electricity production, hydro, nuclear and renewable energy power plants – 10.18%, 26.83% and 0,31% respectively. In Siberia, the generation mix was as follows: thermal – 26.23%, hydro – 73.70%, renewables – 0,08%.
Since last week, the equilibrium price indices in the European Part of Russia and Ural fell by 1.3% and amounted to 1 266.4 rubles/MWh (the weighted average equilibrium price index since the start of the year grew by 8.4% compared to the same period last year). In Siberia the index fell by 1.7% compared to last week’s figures and amounted to 587.7 rubles/MWh (the weighted average equilibrium price index grew by 12.2% since the start of the year - compared to the same period last year).
As of August 28, 2019 the total debts of market participants amounted to 76.3 billion rubles having fallen by 3.5 billion rubles since August 21, 2019. Debts in price zones amounted to 76.28 billion rubles, while debts in non-price zones totaled 0.02 billion rubles.
About the Association:
Association «Nonprofit Partnership Council for Organizing Efficient System of Trading at Wholesale and Retail Electricity and Capacity Market» (Association «NP Market Council») was established in accordance with the Federal Law “On the Electric Power Industry”.
The Association’s main goal is to maintain the functioning of the wholesale electricity and capacity market (WECM) trading infrastructure.
Association «NP Market Council» takes part in the elaboration of wholesale and retail electricity and capacity market rules; develops and approves the Wholesale Market Trading System Accession Contract and Wholesale Market Regulations; maintains the Register of Wholesale Market Participants; carries out market dispute resolution; controls the adherence of market participants to WECM Rules.
According to existing legislation all wholesale market participants are obligated to become Members of the Association.
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