Results of Wholesale Electricity and Capacity Market Operation from 10.07.2020 to 16.07.2020

Moscow. July 17, 2020. Over the last week, compared to the previous week, the planned electricity consumption fell in both market price zones. Compared to the same period last year, the planned consumption from the beginning of 2020 also decreased in both market price zones.

Compared to the previous week, the average weekly equilibrium price index was higher in both market price zones. The average equilibrium price indices since the beginning of 2020 have been lower than the indices for the same period last year in both market price zones.

The total planned electricity consumption on the day-ahead market over the past week amounted to 16 million MWh. In the European part of Russia and Ural the planned electricity consumption amounted to 12.70 million MWh, having fallen by 0.2% to the previous week. The total volume of planned consumption in the European part of Russia and Ural since the beginning of the year compared to the same period last year decreased by 3.5%. In Siberia the planned electricity consumption amounted to 3.30 million MWh, having fallen by 0.6% to the previous week. The total volume of planned consumption in Siberia since the beginning of the year compared to the same period last year decreased by 1.5%.

Over the past week, the share of thermal power plants in the structure of the planned output increased by 1.8 percentage points and by 0.1 percentage point compared to the average value since the beginning of the year. In the structure of the planned output in Siberia, the share of thermal power plants increased by 0.7 percentage point relative to the previous week and was 14.8 percentage points lower than the average value since the beginning of the year.

In the European part Russia and Ural, thermal power plants accounted for 62.35% of output, while hydropower plants, nuclear power plants and renewables accounted for 9,67%, 27,46% and 0,52% respectively. In Siberia, the structure of generation was formed as follows: TPP - 30,73 %, hydro - 69,03 %, VRE - 0,23 %.

Over the week, the equilibrium price index in the European part Russia and Ural increased by 6% and amounted to 1 341,6 rubles /MWh (the weighted average equilibrium price index over the period since the beginning of the year decreased by 9.6% as compared to the same period of the previous year). In Siberia, the index for the week increased by 8.3% to 912,5 rubles /MWh (the weighted average equilibrium price index for the period since the beginning of the year decreased by 12.1% as compared to the same period of the previous year).

As of July 14, 2020, the total debt of market participants amounted to 69.914 billion RUB, of which the debt on price zones amounted to 69.896 billion RUB, on non-price zones - 0.018 billion RUB.

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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