Business news from Ukraine

Business news from Ukraine

UKRAINE RAISES ELECTRICITY CONSUMPTION IN JAN-FEB

Electricity consumption in Ukraine in January and February 2019, taking into account in-process consumption in power grids, increased by 0.7% (by 187.4 million kWh) compared to the same period last year, to 28.442 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Without taking into account in-process consumption, electricity consumption in January and February 2019 rose by 0.8% (by 177 million kWh), to 22.332 billion kWh.
The country’s industry, excluding in-process consumption, decreased electricity consumption by 1.9%, to 8.679 billion kWh. Metallurgical industry consumed 4.905 billion kWh (1.1% down compared to January and February 2018), fuel industry some 613.9 million kWh (2.5% less), machine building industry some 781.1 million kWh (1.8% less), chemical and petrochemical sectors some 460.9 million kWh (17.2% less), food and processing industries some 746.4 million kWh (4.6% more), the sector of construction materials some 282.1 million kWh (11.1% less), and others some 889.8 million kWh (1.9% more).
In addition, agricultural enterprises consumed 625.9 million kWh (4.6% more), transport companies some 1.278 billion kWh (0.6% more), and construction enterprises some 216.2 million kWh (8.1% more).
In January and February 2019, the country’s population consumed 7.015 billion kWh (1% up), household consumers some 3.003 billion kWh (0.8% more), and other non-industrial users some 1.516 billion kWh (15.1% more).

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UKRAINE RAISES ELECTRICITY GENERATION ONLY BY 1% IN TWO MONTHS OF 2019

Electricity production in the united energy system of Ukraine in January-February 2019 increased by 0.8% (231.2 million kWh) compared to the same period of 2018, to 29.514 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Nuclear power plants (NPP) for the two months of this year increased production of electricity by 10% compared to the same period last year, to 15.949 billion kWh. In particular, electricity production at Zaporizhia NPP amounted to 6.778 billion kWh (2.7% less compared to January-February 2019), Yuzhnoukrainsk NPP some 4.285 billion kWh (23.5% more), Rivne NPP some 3.451 billion kWh (53.2% more), and Khmelnytsky NPP to 1.435 billion kWh (20.4% less).
Thermal power plants (TPP), as well as combined heat and power plants (CHPP) and cogeneration plants reduced production by 2.7%, to 11.401 billion kWh. In particular, the power generating companies of TPPs reduced generation by 5.5%, to 8.312 billion kWh, while those of CHPPs and cogeneration plants increased production by 5.7%, to 3.090 billion kWh.
In January-February 2019, hydroelectric plants and hydroelectric pumped storage power plants reduced power generation by 40.5%, to 1.481 billion kWh, and block stations by 7.7%, to 241.6 million kWh.
Electricity production by unconventional sources (wind and solar plants, biomass) in January-February 2019 rose by 38.1%, to 441.5 million kWh.

UKRAINE’S REVENUE FROM EXPORTS OF ELECTRICITY GROWS BY 30%

Ukraine in January and February 2019 increased revenue from exports of electricity by 30.6% or $9.168 million compared with January and February 2018, to $64.847 million, including $34.093 million in February alone.
Hungary bought electricity worth $37.961 million, Poland $14.254 million, Moldova $9.441 million, other countries $3.191 million, Ukraine’s State Fiscal Service has said.
Over the period under review, Ukraine imported electricity worth $0.204 million, in particular, electricity imports from the Russian Federation were estimated at $0.196 million, from Belarus at $0.007 million, from Moldova at $0.001 million.
As reported, Ukraine in 2018 exported electricity worth $331.942 million. Hungary bought electricity worth $189.958 million, Poland $78.763 million, Moldova $53.144 million, and other countries $10.078 million. Exports of Ukrainian electricity in monetary terms in 2018 increased by 40.9% compared to 2017.
Ukraine increased electricity exports by 19.3% or 999.4 million kWh in 2018, to 6.166 billion kWh.
According to the forecast, Ukraine in 2019 plans to export 6.42 billion kWh of electricity, and this is slightly more than in 2018 (6.2 billion kWh).

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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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