The Impact Of The War On Ukraine’s Wholesale Electricity Market: An Evaluation Of Price, Supply, And Demand Changes

This paper aims to investigate the impact of the war on the Ukrainian wholesale electricity market, which has experienced significant changes due to destruction of energy infrastructure and industrial facilities. The paper will analyze how the war has affected the electricity prices, supply and demand shocks in different segments of the market, such as the DAM and the BCM, through a variety of assessment techniques and tools. In particular, by using different statistical methods to analyze data on electricity prices, supply and demand from the electricity exchanges before and after the beginning of the invasion. The paper also aims to compare the changes in the main segments of the electricity market.