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Ukrenergo Initiates Revision of Transmission and Dispatch Tariffs for 2026

Ukrenergo Initiates Revision of Transmission and Dispatch Tariffs for 2026

12.05.2026 12:20

NEC Ukrenergo has officially submitted a proposal to the NEURC (National Energy and Utilities Regulatory Commission) to revise tariffs for electricity transmission and dispatch control for 2026. The main drivers for this revision include the rising Euro exchange rate (projected at 51.18 UAH/€), increased costs for restoring infrastructure following Russian attacks, and changes in the projected energy balance.

Proposed Tariffs (Effective July 1, 2026)

According to the transmission system operator's calculations, the proposed rates are as follows:

  • Transmission Tariff: At least 958.87 UAH/MWh (~€18.74/MWh) for most users.

  • For "Green" Electrometallurgy: 579.60 UAH/MWh (~€11.32/MWh).

  • Dispatch Control: 171.12 UAH/MWh (~€3.34/MWh), an increase of 61.09 UAH over the current rate.

Additionally, the tariff component for Public Service Obligations (PSO) to support renewable energy generation could rise to 379.27 UAH/MWh (~€7.41/MWh).

Reasons for the Increase

The company identifies several key factors driving the cost increases:

  1. Energy Balance Adjustments: The volume of electricity transmission in 2026 is expected to drop to 89.55 million MWh. This reduction in volume leads to lower overall tariff revenues.

  2. Currency Fluctuations: The average annual Euro exchange rate has risen to 51.18 UAH/€. This has significantly increased the burden of servicing international loans and ENTSO-E membership fees.

  3. Technical Losses and Price Caps: Due to the liberalization of market price caps starting May 1, 2026, the cost of purchasing electricity to compensate for technical losses is expected to jump to 22.3 billion UAH (~€435.7 million), compared to the 11 billion UAH currently budgeted.

  4. Infrastructure Restoration: Ukrenergo proposes increasing repair costs to 1.35 billion UAH (~€26.4 million) due to the scale of emergency restoration work following Russian strikes.

Furthermore, costs for settling system constraints are estimated at 12.48 billion UAH (~€243.8 million), while payments for curtailing renewable energy (RES) could rise to 5.48 billion UAH (~€107.1 million).

Current Tariffs

As a reminder, phased tariffs approved in December 2025 are currently in effect. As of April 1, 2026, the transmission tariff stands at 742.91 UAH/MWh (~€14.52/MWh), and the dispatch tariff is 110.03 UAH/MWh (~€2.15/MWh). The company's new proposals suggest a significant adjustment to these rates for the second half of the year.