Business news from Ukraine

CABINET APPROVES PROGRAM TO DEVELOP HYDROPOWER SECTOR UNTIL 2026 INCREASING CAPACITY BY 1.6 TIMES

18 July , 2016  

KYIV. July 18 (Interfax-Ukraine) – The Cabinet of Ministers of Ukraine has approved a program for the development of the hydropower sector until 2026, the implementation of which will allow to increase the installed capacity of hydropower plants in the country by 1.6 times (3.6 GW) compared with the beginning of the year, to 9.5 GW.

According to PJSC Ukrhydroenergo Board Chairman Ihor Syrota, who represented the program, the commissioning of new facilities, as well as the reconstruction and modernization of the existing hydropower plants will allow to bring the share of hydropower in the total structure of electricity generation in the country to 15.5%.

As part of construction of new facilities the matter concerns the completion of Dnistrovska hydroelectric pumped storage power plant (1.25 GW) and Tashlyk hydroelectric pumped storage power plant (0.3 GW), the construction of Kaniv hydroelectric pumped storage power plant (1 GW), Kakhovka hydroelectric pumped storage power plant (0.25 GW) and the Verkhniodnistrovsky cascade of hydro power plants (0.39 GW). Modernization will increase the installed capacity of hydropower plants by 0.425 GW.

The expert noted the purpose of the program is improving the reliability of work of Ukraine’s united power system, its integration with the European energy system, reducing fossil fuel consumption and anthropogenic impact on the environment.