Annual production of electricity from renewable energy sources, taking into account objects commissioned until 2020, will exceed 7.5 billion kWh, while annual payments for energy resources at feed-in tariffs will be EUR1.3 billion, according to the presentation posted on the website of the Ministry of Energy and Coal Industry.
It is reported that by the end of 2019 some 2.7 GW of renewable energy capacity will be additionally commissioned. Taking into account ‘green’ capacities put into operation by 2021, annual payments could amount to about EUR 1.8 billion, which corresponds to the payments made by Energoatom for 55% of electricity it generates (in 2018 prices).
The ministry said, with reference to the calculations of Ukrenergo, that additional costs to cover unbalances in the power system, which will arise due to the difficult predictability of alternative generation, could amount to EUR 300-900 million (depending on the price in the balancing market).
According to the ministry, in 2018, the total amount paid to producers of electricity from renewable energy sources on feed-in tariffs was EUR 560 million (including VAT), which corresponds to 7.9% of the total cost of electricity generated in the country with the share of sales being 1.9%
DTEK intends to begin importing electricity from Europe within the Burshtyn Energy Island in July 2019, according to the Facebook page of D.TRADING.
“Our company also plans to start importing electricity as early as July with the further active development of this direction of business in the coming months,” Dmytro Maliar, the director for the D.TRADING energy portfolio management, said.
According to him, imports in the new market will allow increasing the level of competition.
Earlier, on July 1, ERU Trading LLC announced the implementation of test imports of electricity from Slovakia and Hungary within the Burshtyn Energy Island.
D.TRADING conducts wholesale trade in electricity, natural gas and coal in the domestic and foreign energy markets.
President of Ukraine Volodymyr Zelensky has sent to the Verkhovna Rada of Ukraine a bill amending some laws of Ukraine on cutting electricity tariffs.
The document was registered in the parliament on June 26. The text of the bill has not been made public.
As reported, representative of the head of state in the Ukrainian government Andriy Gerus said that Ukrainian President Volodymyr Zelensky initiated the legislative change of the Rotterdam+ formula by the Rotterdam- formula in order to reduce electricity tariffs. He said that according to the document, the cost of shipping coal from Rotterdam to Ukraine should be removed from the formula. In addition, it is proposed that discounts be introduced if the quality of coal is worse. The bill also provides for a delay in the introduction of the electricity market for one year.
Ukraine in January-May 2019 increased electricity exports by 2.3% (by 60 million kWh) compared to the same period in 2018, to 2.713 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Electricity supplies from the Burshtyn TPP Energy Island in the direction of Hungary, Slovakia and Romania increased by 9.6% (by 161.2 million kWh), to 1.847 billion kWh.
Electricity supplies to Poland decreased by 15.2% (by 99.9 million kWh), to 556.6 million kWh.
Electricity supplies to Moldova amounted to 309.5 million kWh, which is 0.4% (1.2 million kWh) less than in January-May 2018.
For the five months of 2018 and 2019, Ukrainian electricity was not exported to Belarus and Russia.
In addition, in the first five months of this year, Ukraine imported 11.8 million kWh of electricity from the Russian Federation and Belarus compared to 14.8 million kWh in January-May 2018.
Ukraine in January-April 2019 decreased electricity exports by 2.7% (by 59.3 million kWh) compared to the same period in 2018, to 2.13 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the Burshtyn TPP Energy Island in the direction of Hungary, Slovakia and Romania increased by 0.01% (by 0.1 million kWh), to 1.421 billion kWh.
Electricity supplies to Poland decreased by 18.6% (by 100.8 million kWh), to 440.3 million kWh.
Electricity supplies to Moldova amounted to 268.4 million kWh, which is 18.2% (41.4 million kWh) more than in January-April 2018.
For the first four months of 2018 and 2019, Ukrainian electricity was not exported to Belarus and Russia.
In addition, in January-April 2019, Ukraine imported 8.7 million kWh of electricity from the Russian Federation and Belarus compared to 11.4 million kWh in January-March 2018.
Ukraine in January-March 2019 increased electricity exports by 4.1% (by 66.2 million kWh) compared to the same period in 2018, to 1.662 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Electricity supplies from the Burshtyn TPP Energy Island in the direction of Hungary, Slovakia and Romania increased by 0.4% (by 2.7 million kWh), to 1.027 billion kWh.
Electricity supplies to Poland decreased by 3.1% (by 12.9 million kWh), to 410.4 million kWh.
Electricity supplies to Moldova amounted to 224.6 million kWh, which is 53.6% (78.4 million kWh) more than in January-March 2018.
For the three months of 2018 and 2019, Ukrainian electricity was not exported to Belarus and Russia.
In addition, in the first quarter of this year, Ukraine imported 5.9 million kWh of electricity from the Russian Federation and Belarus compared to 8.9 million kWh in January-March 2018.
