In 2023, NNEGC Energoatom increased its revenue from electricity sales by 30% (by UAH 44 billion) compared to last year – up to UAH 190.7 billion, the company reported on its Telegram channel.
“Of these funds, more than UAH 124.4 billion was paid as part of the PSO, or in other words, to maintain low tariffs for the population,” the company said in a statement.
The company’s revenue quadrupled from 2020 (UAH 48.1 billion) to 2023. At the same time, over the same period, the growth in the cost of electricity production amounted to 26.6%.
In 2024, NNEGC plans to increase its revenue by one third compared to the current year – up to UAH 253.3 billion.
“Despite wartime, a significant reduction in electricity consumption and the loss of capacity at the temporarily occupied Zaporizhzhya NPP, we managed to implement a set of measures to improve the economic efficiency of Energoatom’s operations. This is what allows the state to maintain low electricity tariffs for the population,” NNEGC President Petro Kotin said in a statement.
