UKRAINE SEES 54.9% RISE IN REVENUE FROM EXPORTS OF ELECTRICITY IN 2017 » Ukraine open for business

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UKRAINE SEES 54.9% RISE IN REVENUE FROM EXPORTS OF ELECTRICITY IN 2017

9 Jan , 2018  

Ukraine exported electricity (foreign activity code 2716) for $235.541 million in 2017, including for $13.58 million in December.
According to the State Fiscal Service, the country exported electricity to Hungary for $136.271 million, to Moldova for $54.173 million, to Poland for $34.17 million and other countries for $10.928 million.
Thus, in money terms exports of Ukrainian electricity grew by 54.9% in 2017 compared with 2016 ($152.063 million).
In addition, Ukraine imported electricity for $2.116 million in 2017, including for $2.037 million from Russia, for $0.064 million from Belarus and for $0.015 million from Moldova.
As reported, Ukraine plans in 2018 to increase exports of electricity to the EU and Moldova by 15-20%, to 5.855 billion kWh compared to about 5 billion kWh in 2017.
According to the forecast for 2018, deliveries from the Burshtyn TPP energy island to Hungary, Slovakia, Romania are estimated at 3.6 billion kWh, to Poland at 1.2 billion kWh, and to Moldova at 1.055 billion kWh.