Business news from Ukraine

Business news from Ukraine

ENERGOATOM INCREASES POWER GENERATION IN JAN-APRIL

13 May , 2019  

National Nuclear Generating Company Energoatom increased power generation by 9.9% year-on-year in January-April 2019, to 30.365 billion kWh, the company has said.
The electricity generation target was met by 100.3%.
Electricity sales totaled 22.294 billion kWh compared to 28.643 billion kWh in January-April 2018. Energoatom’s share of total electricity sold to Energomarket state enterprise was 56%, and the share of total electricity generation in the country was 54%.
The company sold electricity worth UAH 19.771 billion (including VAT) on the wholesale power market, which is 15.6% more than in January-April 2018.
Capital investment totaled UAH 2.112 billion compared with UAH 2.739 billion in January-April 2018.
The company sent UAH 5.637 billion to the budgets of all levels and insurance payments came to UAH 880 million.
Capacity use was 76%, which was 6.9 p.p. more than a year previously.
Five malfunctions were recorded at Ukrainian nuclear power plants in the reporting period, two less than a year ago. Radiation levels at Ukrainian NPPs were normal over the period.
Energoatom is the operator of all four Ukrainian-based operating nuclear power plants, which have 15 VVER reactors with an overall generating capacity of 13.835 gigawatts.
The company also operates the Tashlyk hydroelectric pumped storage power plant with a 302 MW capacity in a turbine mode and Oleksandrivka hydropower plant with an 11.5 MW capacity.

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