OREANDA-NEWS. February 11, 2010. In 2009, an average electricity Wholesale Market Price (WMP) grew by 22.4% compared to 2008 to UAH407.56 per 1 MWh, the state-run enterprise Energorynok reports in the materials, prepared for the end-of-the-year General Meeting of the Ukraine’s Wholesale Electricity Market Participants.

According to the document, an increase in the average WMP is conditioned, first of all, by a larger share of subsidy certificates in its structure, the total amount of which jumped up by 41.6% (by UAH5.294 bln.) y-o-y to UAH18.005 bln. Furthermore, at the year-end the share of subsidy certificates in the WMP structure went up by 6.2 percentage points: from 22% in 2008 up to 28.2% in 2009.

The materials also state that the producers increasing their average price of electricity supply to the market by 13.4% to 25.08 kop. per 1 kWh has also resulted in the WMP growth.

Last year, the price for purchasing electricity from the market for regulated tariff suppliers was up 12.9% to 27.86 kop. per 1 kWh, and for suppliers under the unregulated tariff - 19.5% to 35.56 kop. per 1 kWh.

Furthermore, the average price for purchasing electricity from WEM, taking into account export purchases, increased by 12.9% to 28.91 kop. per 1 kWh.

Ukrinterenergo SE’s average price of purchasing electricity from WEM for further exports increased by 25.9% to 38.29 kop. per 1 kWh.

It is also stated that last year Energorynok SE paid NEC Ukrenergo UAH 2.257 bln. for dispatch services, which is 9.5% above 2008.

The supply tariff of the power companies operating in the market under the price bids last year grew by 10.6% to 36.93 kop. per 1kWh.

The supply tariff of Energoatom NJSEC (NPP) was 13.3% up to 13.95 kop. per 1 kWh, that of hydro-power plants 17.7% up to 11.79 kop. 1 kWh, that of CHPPs – 51.5% up to 71.17 kop. per 1 kWh, that of wind farms – 2.8 times up to 83.67 kop. per 1 kWh.

Energorynok acts as the operator of the Wholesale Electricity Market of Ukraine.