Business news from Ukraine

Business news from Ukraine

UKRAINE RAISES ELECTRICITY EXPORT

Ukraine in January 2019 increased exports of electricity by 4% (by 19.7 million kWh) compared to the same period of 2018, to 511.5 million 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 7.2% (by 21.5 million kWh), to 319.4 million kWh.
Electricity supplies to Poland decreased by 22.7% (by 33.1 million kWh), to 112.9 million kWh.
Electricity supplies to Moldova amounted to 79.2 million kWh, which is 65.1% (31.2 million kWh) more than in January 2018.
Ukrainian electricity was not exported to Belarus and Russia in January 2017 and 2018.
In addition, Ukraine in January of the current year imported 2.1 million kWh of electricity (2.1 million kWh from the Russian Federation, 100,000 kWh from Belarus) against 3.2 million kWh in January 2018.

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EXPORTS OF ELECTRICITY BENEFICIAL FOR UKRAINE

Electricity exports operations, which volume grows by 15-25% every year since 2016, is beneficial for Ukraine, Energy and Coal Industry Minister of Ukraine Ihor Nasalyk said in the parliament on Friday.
He said that electricity is exported at the price formed on the domestic wholesale market and includes not only subsidy certificates (the sums that households do not pay due to the fact that tariffs are lower than the production cost), but also the investment element of all Ukrainian power companies.
“With exporting electricity we settle internal problems at the expense of external consumers,” the minister said.
As reported, in 2018, Ukraine exported electricity for $331.942 million, which is 41% more than a year ago.

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UKRAINE INCREASES ELECTRICITY GENERATION BY 2.5%

Electricity generation in the united energy system of Ukraine in 2018 increased by 2.5% compared to 2017, to 159.351 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
At that time, nuclear power plants (NPP) in the period reduced electricity generation by 1.4%, to 84.398 billion kWh, in particular, electricity generation at Zaporizhia NPP amounted to 35.924 billion kWh (4.1% more than in 2017), Yuzhnoukrainsk NPP to 18.329 billion kWh (2.4% more), Rivne NPP to 17.55 billion kWh (11.3% less), and Khmelnytsky NPP to 12.595 billion kWh (down by 5.9%).
Thermal power plants (TPP), as well as combined heat and power plants (CHPP) and cogeneration plants increased output by 5.3%, to 58.808 billion kWh. In particular, the generating companies of TPPs increased production by 6.3%, to 47.792 billion kWh, while CHPP and cogeneration plants by 1.2%, to 11.016 billion kWh.
Hydro power plants and hydroelectric pumped storage power plants raised production in 2018 by 13.6%, to 12.008 billion kWh, while block stations reduced by 1.9%, to 1.504 billion kWh.
Electricity production by alternative sources (wind power plants, solar plants, and biomass) in 2018 rose by 38.8%, to 2.633 billion kWh.
The share of NPPs in the structure of electricity generation was 53% (55.1% in 2017), that of TPP, CHPP and cogeneration plants – 36.9% (35.9%), hydro power plants and hydroelectric pumped storage power plants – 7.5% (6.8%), block stations – 0.9% (1%) and alternative sources – 1.7% (1.2%).
Electricity generation in Ukraine’s power grid in December 2018 rose by 7.2% year-over-year, to 15.871 billion kWh.
Heat generation last year rose by 0.3%, to 22.032 million gigacalories.

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UKRAINE EXPORTS ELECTRICITY WORTH $332 MLN IN 2018

Ukraine in 2018 exported electricity worth $331.942 million, including $34.323 million in December alone. Hungary bought electricity worth $189.958 million, Poland $78.763 million, Moldova $53.144 million, and other countries $10.078 million, Ukraine’s State Fiscal Service said.
Exports of Ukrainian electricity in monetary terms in 2018 increased by 40.9% compared to 2017 ($235.541 million).
Over the period under review, Ukraine imported electricity worth $1.402 million, in particular, electricity imports from the Russian Federation were estimated at $1.327 million, from Belarus at $0.067 million, from Moldova at $0.008 million.
As reported, Ukraine planned in 2018 to increase exports of electricity to the EU and Moldova by 13.3% from 2017 to 5.855 billion kWh. According to the forecast for 2018, deliveries from the Burshtyn TPP energy island to Hungary, Slovakia, Romania will be 3.6 billion kWh, to Poland 1.2 billion kWh, and to Moldova 1.055 billion kWh.
Ukraine in 2011 exported 6.4 billion kWh of electricity worth $399.963 million, 2012 – 9.7 billion kWh for $574.819 million, 2013 – 9.9 billion kWh for $580.195 million, 2014 – 8.1 billion kWh for $487.185 million, in 2015 – 3.6 billion kWh for $150.056 million, in 2016 – 4 billion kWh for $152.063 million, and in 2017 – 5.2 billion kWh for $235.541 million.

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UKRAINE RAISES ELECTRICITY EXPORTS BY ALMOST 20% IN JAN-NOV 2018

Ukraine in January-November 2018 increased electricity exports by 19.8% (by 931.2 million kWh) compared to the same period in 2017, to 5.639 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
The supply of electricity from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 21.9% (by 625.2 million kWh), to 3.474 billion kWh.
Export of electricity to Poland increased by 65.5% (by 424.6 million kWh), to 1.291 billion kWh.
Electricity supplies to Moldova amounted to 873.8 million kWh, which is 19% (204.8 million kWh) less than in January-November 2017.
Ukrainian electricity was not exported to Belarus and Russia in January-November 2017 and January-November 2018.
At the same time, in November 2018, export of Ukrainian electricity amounted to 589.2 million kWh, which is 2.3 times more than in November 2017 (258.6 million kWh).
In addition, Ukraine in January-November 2018 imported 28.507 million kWh of electricity.

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UKRAINE RAISES ELECTRICITY CONSUMPTION BY 1.8% IN JAN-NOV

Electricity consumption in Ukraine in January-November 2018, taking into account in-process consumption in power grids, increased by 1.8% over the same period of 2017, to 137.831 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Excluding in-process consumption, electric power consumption for this period increased 2.2%, to 110.212 billion kWh.
The industry of the country excluding in-process losses raised electricity consumption by 2.3%, to 47.407 billion kWh. In particular metallurgical industry consumed 27.013 billion kWh (2.1% more from January-November 2017), fuel some 3.22 billion kWh (2.3% less), machine building some 3.661 kWh (2% more), chemical and petrochemical some 2.883 billion kWh (10.1% more), food and processing some 4.085 billion kWh (1.7% more), construction materials some 2.116 billion kWh (1.5% more), others some 4.43 billion kWh (3.2% more).
In addition, agricultural enterprises consumed 3.523 billion kWh (5.9% more), transport some 6.272 billion kWh (1.6% less), and construction 850.3 million kWh (6.9% more).
The population of the country in January-November 2018 consumed 32.151 billion kWh (1.4% up), municipal and household consumers 13.917 billion kWh (2.8% up), other non-industrial consumers 6.091 billion kWh (6.8% more).

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