Business news from Ukraine


2 April , 2020  

Donbasenergo Board Chairman Eduard Bondarenko does not expect a significant reduction in demand for electricity generated by Sloviansk TPP, despite the general trend of consumption reduction in the country. “The operator of the power transmission system NEC Ukrenergo, according to the results of March, predicts a drop in electricity consumption in the industry as a whole, at least by 8.2% compared to the same period in 2019. At the same time, customers of Donbasenergo will keep their purchases at the same level, which will allow getting production volumes in April at the level of March,” he told Interfax-Ukraine.
As reported, the operator of the power transmission system NEC Ukrenergo predicts a decrease in electricity consumption in Ukraine in March amid quarantine measures by 8.2% compared to the same period in 2019. In addition to quarantine measures, in which the operation of a number of enterprises in different economic sectors is restricted, electricity consumption is also reduced due to warm weather.
Electricity consumption in Ukraine in January-February 2020, taking into account technological losses in networks, decreased by 5.1% (by 1.451 billion kWh) compared to the same period in 2019, to 26.999 billion kWh excluding technological losses by 4.8% (1.63 billion kWh), to 21.29 billion kWh.
Electricity production in the unified energy system of Ukraine in January-February 2020 decreased by 7.5% (by 2.204 billion kWh) compared to the same period in 2019, to 27.318 billion kWh.
Donbasenergo owns Starobesheve (located in the occupied territory) and Sloviansk TPPs with the total installed capacity of 2,880 MW, in particular the capacity of Sloviansk TPP is 880 MW. At the end of March 2017, the generation company announced the loss of control over Starobesheve TPP, as well as part of structural units located in the temporarily government uncontrolled territory.
PJSC Energoinvest Holding owns 60.86% of the shares of Donbasenergo, another 25% of the shares of the generating company are owned by the state. Currently, Maksym Efimov is the head of the company.