Business news from Ukraine

Business news from Ukraine

UKRAINE SIGNIFICANTLY CUTS ELECTRICITY EXPORT

Ukraine in January-August 2021 reduced electricity exports by 17% (by 505.6 million kWh) compared to the same period in 2020, to 2.475 billion kWh, according to NPC Ukrenergo.
According to the calculations of Interfax-Ukraine, in particular, supplies from Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania decreased by 6.9% (by 124.4 million kWh), to 1.678 billion kWh.
Electricity supplies to Poland decreased by 35.6% (by 356.7 million kWh) compared to the same period last year, to 644.8 million kWh.
Electricity exports to Moldova increased by 17.2% (by 22.4 million kWh), to 152.6 million kWh.
There were no supplies to Belarus and Russia in January-August 2021 (versus 46.9 million kWh supplied to Belarus over the eight months of 2020).
In August 2021, Ukrainian electricity exports amounted to 344.1 million kWh, which is twice as much as in August 2020 (171.4 million kWh).
In addition, over the eight months of 2021, Ukraine reduced electricity imports by 44.2% (by 802.5 million kWh) compared to the same period last year, to 1.014 billion kWh. In particular, Belarus supplied 522.6 million kWh, Slovakia – 285.4 million kWh, Russia – 101.9 million kWh, Hungary – 66.4 million kWh, and Romania – 38 million kWh.
In August 2021, electricity imports amounted to 27.1 million kWh, which is 29.8% less than in August2020 (38.6 million kWh).
Within the framework of technological flows associated with the parallel operation of the integrated power system of Ukraine with the power systems of neighboring countries and power supply of dead-end areas, 37 million kWh of electricity were imported from the Russian Federation over the eight months, and 0.5 million kWh from Belarus.
Emergency supplies during this period from Slovakia amounted to 0.7 million kWh, from Belarus – 9.7 million kWh, to Belarus – 0.4 million kWh, and to Poland – 8.5 million kWh.

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ENERGY MINISTRY DOES NOT CONSIDER ELECTRICITY IMPORTS FROM RUSSIA OR BELARUS

When calculating the updated electricity forecast balance, the Ministry of Energy of Ukraine does not consider the import of a resource from the Russian Federation and Belarus, First Deputy Energy Minister Yuriy Vlasenko has said.
“When calculating the forecast balance, we do not envisage the import of electricity from Russia and Belarus,” he said on the margins of the energy forum in Kyiv, organized by Energy club, on Wednesday.
At the same time, he drew attention to the fact that imports are prohibited until October 1, but are not considered in the future.
At the same time, Vlasenko said that a feature of this autumn-winter period will be the operation of the Integrated Power System, as well as Burshtyn TPP energy island in an isolated mode, providing for their disconnection from all power systems.
“We need to work this way for three days in winter and summer. As for winter, we are also working on it with Ukrenergo, when we will work in an isolated mode – in late January or early February,” Vlasenko said.

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UKRAINE GETS $53 MLN EARNINGS FROM ELECTRICITY EXPORT IN JAN-JULY

Ukraine in January-July 2021 reduced earnings from electricity exports by 28.1% (by $53.052 million) compared to the same period in 2020, to $135.612 million, according to data from the State Customs Service.
According to the calculations of Interfax-Ukraine, in January-July 2021 electricity for $59.339 million was supplied to Hungary, Poland for $39.783 million, Romania for $21.204 million, other countries for $15.286 million.
In July 2021 alone, electricity was exported for $27.373 million versus $5.505 million in July 2020.
In addition, in January-July of this year, Ukraine imported electricity for $59.058 million versus $110.005 million in the same period last year. Electricity exported from Belarus was worth $24.702 million, Slovakia – $22.401 million, Russia – $5.388 million, other countries – $6.567 million.

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UKRAINE REDUCES ELECTRICITY EXPORTS BY 24% IN JANUARY-JULY

Ukraine in January-July 2021 reduced electricity exports by 24.1% (by 678.2 million kWh) compared to the same period in 2020, to 2.131 billion kWh, according to the data of Ukrenergo.
According to the calculations of the Interfax-Ukraine agency, in particular, supplies from the Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania decreased by 16.6% (by 295.2 million kWh), to 1.484 billion kWh.
Electricity supplies to Poland decreased by 39.8% (353.8 million kWh) compared to the same period last year, to 534.1 million kWh.
Electricity exports to Moldova decreased by 13.2% (by 17.2 million kWh), to 113 million kWh.
There were no deliveries to Belarus and the Russian Federation in January-July 2021 (against 12 million kWh to Belarus for the seven months of 2020).
In July 2021, Ukrainian electricity exports amounted to 366.3 million kWh, which is 2.8 times more than in July 2020 (133 million kWh).
In addition, Ukraine in January-July 2021 reduced electricity imports by 44.5% (by 791 million kWh) compared to the same period last year, to 987.3 million kWh, in particular Belarus supplied 522.6 million kWh, Slovakia – 258.4 million kWh, Russia – 101.9 million kWh, Hungary – 66.4 million kWh, Romania – 38 million kWh.
In July 2021, electricity imports amounted to 1.2 million kWh against 21.8 million kWh in July 2020.
Within the framework of technological flows associated with the parallel operation of the integrated power system of Ukraine with the power systems of neighboring countries and power supply of dead-end areas, 32.9 million kWh of electricity were imported from the Russian Federation over the seven months, and 600,000 kWh from Belarus.
Emergency supplies from Slovakia during this period amounted to 200,000 kWh, from Belarus – 9.7 million kWh, to Belarus – 400,000 kWh, to Poland – 8.5 million kWh.

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UKRAINE INCREASES ELECTRICITY CONSUMPTION

Electricity consumption in Ukraine in January-July 2021, taking into account in-process losses in power grids, increased by 6.2% compared to the same period in 2020, to 89.179 billion kWh, according to recent data from the Ministry of Energy.
According to the calculations of the Interfax-Ukraine agency, without taking into account in-process losses, electricity consumption for the specified period increased by 6.5%, to 72.438 billion kWh.
The country’s industry, excluding in-process losses, increased electricity consumption by 6.3%, to 30.207 billion kWh. Metallurgical industry consumed 16.791 billion kWh (more by 5.1% compared to January-July 2020), fuel industry – 1.903 billion kWh (2.6% up), machine building industry – 2.068 billion kWh (up by 14.2%), chemical and petrochemical – 2.558 billion kWh (up by 9.5%), food and processing – 2.404 billion kWh (down by 1.8%), building materials – 1.492 billion kWh (up by 20.3%), others – 2.991 billion kWh (up by 8.1%).
In addition, agricultural enterprises consumed 1.983 billion kWh (down by 7.1%), transport – 3.525 billion kWh (up by 9.4%), construction – 629.9 million kWh (up by 17.8%).
Over the seven months of this year, the population of the country consumed 22.661 billion kWh (up by 5.3%), household consumers – 8.664 billion kWh (up by 7.5%), other non-industrial consumers – 4.768 billion kWh (up by 15.1%).
According to the results of the seven months, the share of industry in the total volume of electricity consumption decreased from 41.8% to 41.7%, and the share of the population – from 31.6% to 31.3%.

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STATE-RUN ENERGOATOM INCREASES ELECTRICITY GENERATION BY 7% IN H1

Nuclear Power Plants (NPPs) of National Nuclear Generating Company Energoatom in January-June 2021 generated 42.1 billion kWh of electricity, which is 6.8% more than in the same period last year (39.4 billion kWh).
“Some 42.1 billion kWh were generated, which is 54.2% of the total electricity generated in Ukraine. In 2020, the share of electricity generated by Energoatom was 51.4%. The electricity generation target has been fulfilled by 106.6%,” Energoatom said on its website on Thursday.
As the company said, Energoatom managed to produce 1.6 billion kWh out of 2.7 billion kWh of additional electricity volumes in the first half of the year by reducing the time for scheduled preventive maintenance at NPPs by almost 75 days.
The installed capacity utilization factor (ICUF) of NPPs amounted to 69.9%, which is 5 percentage points more than in the first half of 2020.
The volume of funding for capital expenditures of Energoatom amounted to UAH 5.1 billion, which is 40.2% more than the same indicator for January-June 2020 (UAH 3.66 billion).
Among the most significant projects in the first half of the year, the company noted construction and preparation for commissioning of the Central Spent Fuel Storage Facility (CSFSF), completion of the first stage of splash pools of the South-Ukraine energy complex, construction of a radioactive waste processing complex at Khmelnytsky NPP, as well as construction of the Vilcha-Yaniv railway track with a length of 43 km, which will connect the CSFSF with the railway network of Ukraine.

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