Weekly analytical report 6 – 12 May, 2020

14 May – 14 May 2020

In this issue:

- The declining demand for gas in Europe did not prevent Russia from pressing ahead with its political pipeline projects

- In the middle of oil price crisis, when buyers of both crude oil and petroleum products in the global market take advantage of low prices, Ukrainian traders have resumed imports from Russia

- Discussions on resolving issues in the electricity market came down to destructive rhetoric about the prices – in particular, due to the wholesale market volatility and the unwillingness to bring the prices for households to market level in the retail market

- Since there is still no agreed comprehensive decision on changing the support scheme for renewables, the stakeholders should consider a step-by-step approach of reaching compromise

- The government’s administrative decisions resulting in the reduction of the share of nuclear power in organized wholesale electricity markets have faced serious criticism

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