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Energy Club Continues Market Crisis Analysis: Two Expert Discussions on Price Collapse and Data Transparency Announced ​

19.09.2025

Energy Club is continuing its series of events dedicated to the crisis situation on the electricity market. Following up on the emergency online meeting held on September 9 and after sending collective appeals to state authorities, we will host two in-depth expert discussions next week to analyze the causes and consequences of the crisis in detail.

​Both events will be moderated by Maksym Nemchynov, Vice President of Energy Club and former Deputy Minister of Energy of Ukraine.

​Monday, September 22, 12:00 PM — Online Discussion “Electricity Market: Why Did Prices Collapse in September?”

​The September price shock, where day-ahead market (DAM) prices fell by 40% despite a stable supply and demand balance, triggered a systemic crisis and caused billions in losses for market participants.

​At this meeting, we will focus on the root causes of this collapse. Discussion questions:

  • ​What were the key factors that led to the collapse of DAM prices in September 2025?
  • ​Are the current competition and market structure transparent?
  • ​How will market coupling with the EU change the rules of the game for Ukraine?

​Wednesday, September 24, 2:00 PM — Online Discussion “Operating ‘Blind’: Why the Lack of Open Data Threatens Ukraine’s Energy Security?”

​The recent crisis exposed another, deeper problem — a critical lack of transparency and access to key market data. Operating in an “information vacuum” makes forecasting impossible and creates a breeding ground for market distortions.

​At this meeting, we will discuss why a return to transparency is a matter of survival for the market. Discussion questions:

  • ​What specific data are market participants critically lacking today for stable operations?
  • ​How is the lack of data related to the recent DAM price collapse?
  • ​Why does the position of Ukrainian state authorities contradict REMIT requirements, and is the reference to martial law a sufficient justification?
  • ​What is the roadmap to transparency that meets European standards?

​Both events will be livestreamed on Energy Club’s LinkedIn, YouTube, and Facebook pages.

​We invite all market participants and experts to join these important discussions to collectively find ways to stabilize and develop the Ukrainian energy market.

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