Russian War Against Ukraine: Energy Dimension (Status as of April 25)


DiXi Group has prepared its next alert on the energy dimension of the Russian war against Ukraine.

  • The enemy specifically attacked critical infrastructure facilities, including 5 railway stations in Central and Western Ukraine, a cogeneration plant in the city of Kremenchuk, as well as repeatedly the refineries in Kremenchuk and Lysychansk.
  • Due to the damages to the Kreminska 500 kV substation by the Russian army, all settlements of the Luhansk region suffered from an electricity blackout. The public authorities were working on alternative schemes to reconnect the power supply.
  • Russia has committed another act of nuclear terrorism. Two cruise missiles launched by the Russian troops in the potential direction of Rivne or Zdolbuniv were recorded over the Khmelnytskyi NPP cooling pond.
  • The exchange prices on the Eastern European electricity markets increased significantly, deepening the gap with the prices in Ukraine (2.2-3.2 times). However, the exports from Ukraine remain limited; even the Minister of Finance was engaged in its promotion.
  • The Ministry of Economy reviewed the calculated average cost of petroleum and diesel, which increased, with expected growth in marginal retail prices.

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