BASE load electricity price index on Ukraine’s DAM market falls by 27.7% in March
The price index for BASE load electricity price index on the day-ahead market (DAM) of Ukraine in March 2026 amounted to UAH 7,074.76/MWh, decreasing by 27.7% compared to February (UAH 9,785.72/MWh).
In turn, according to data from JSC Market Operator, the average weighted purchase and sale price of electricity on the day-ahead market (DAM) for March was recorded at UAH 7,359.65/MWh, which is 26.8% lower than the previous month’s figure (UAH 10,048.28/MWh).
At the same time, on the intraday market (IDM), the average weighted price of accepted electricity decreased by 35% - to UAH 6,684.63/MWh compared to UAH 10,282.29/MWh a month ago.
"Trading volume on the DAM decreased by 0.34%, on the IDM it decreased by 20.58%, and in March 2026, some 3,331,823.7 MWh were accepted in both market segments," the Market Operator reported.
In March of this year, demand for the DAM market decreased by 2.72% compared to February, while supply increased by 12.86%. For the IDM market, demand increased by 3.71%, while supply increased by 37.69%.
According to ENTSOE, in March 2026, Ukraine ranked first in terms of the average daily BASE price index 15 times (March 2, 8-9, 12, 17, 19-21, 23-24, 26, 28-31), compared to 26 European countries.
In turn, in February, Ukraine led the BASE index in Europe 21 times, in January - 14, in December 2025 - 17, in November - 14, in October - 12, in September - once and in August - 16.
The key factor that contributed to the price jump on the daily electricity market in January-February of this year and the simultaneous increase in electricity imports to Ukraine was the increase in price caps by the national energy regulator in short-term market segments, starting January 18, 2026.
At an extraordinary meeting on January 16, the National Commission for State Regulation of Energy and Public Utilities set the maximum price for electricity on the DAM and IDM market at 15,000 UAH/MWh for the period from January 18 to March 31, 2026.
However, after the temporary round-the-clock price cap of 15,000 UAH/MWh expired on April 1, electricity import volumes into Ukraine fell sharply.
Based on the results of 2025, Ukraine ranked second among 27 European countries in terms of the BASE index on the DAM, which amounted to UAH 5,292.62/MWh calculated according to the unified Central European Time (CET).