Business news from Ukraine

ENERGY MINISTRY FORECASTS RISE IN ELECTRICITY EXPORTS IN MAY TO 583 MLN KWH

4 May , 2017  

KYIV. May 4 (Interfax-Ukraine) – The Ministry of Energy and Coal Industry forecasts exports of electricity in May in the amount of 583 million kWh, which is almost 2.1 times more than in May 2016 (282.7 million kWh).
According to the balance of Ukraine’s united energy system for May 2017 posted on the ministry’s website, exports of Ukrainian electricity to Moldova this month could amount to 272 million kWh, to Poland some 141 million kWh, from the Burshtyn Energy Island some 170 million kWh.
In addition, the balance sheet assumes the production of 11.608 billion kWh of electricity in May, including 6.7 billion kWh of power by nuclear power plants (the share is 57.72%), 2.971 billion kWh by thermal power stations (25.59%), 937 million kWh by hydro power plants (including by the feed-in tariff, 8.07%), 150 million kWh by pumped storage hydro power plants (1.29%), 619 million kWh by combined heat and power plants and cogeneration plants (5.33%), 130 million kWh by alternative power sources (solar, wind plants, etc., 1.12%), and 101 million kWh by block stations (0.87%).
Electricity consumption (gross) in May 2017 is expected at 10.8 billion kWh.