Business news from Ukraine

Business news from Ukraine

UKRAINE RAISES EXPORT OF ELECTRICITY, TOP BUYERS ARE HUNGARY, SLOVAKIA, ROMANIA, POLAND, MOLDOVA

Ukraine in January-July 2018 increased electricity exports by 3.1% compared to the same period in 2017, to 3.626 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 rose by 14.2%, to 2.296 billion kWh.
Electricity deliveries to Poland were up by 15.6%, to 831.9 million kWh.
Electricity deliveries to Moldova totaled 498.9 million kWh, which is 36.7% less than in January-July 2017.
Ukrainian electricity was not exported to Belarus and Russia in January-July 2017 and 2018.
At the same time, in July 2018 exports of Ukrainian electricity amounted to 491.248 million kWh, which is 38.4% more than in July 2017.
In addition, Ukraine for the first seven months of this year imported 20.436 million kWh of electricity.

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UKRAINE REDUCES ELECTRICITY EXPORTS BY 0.9%

Ukraine in January-June 2018 reduced electricity exports by 0.9%, or 28.602 million kWh, compared to the same period in 2017, to 3.135 billion kWh, Ukraine’s Ministry of Energy and Coal Industry told Interfax-Ukraine. However, electricity supplies from the so-called energy island of the Burshtyn thermal power station, towards Hungary, Slovakia and Romania grew by 8.4%, or 154.737 million kWh, to 2.008 billion kWh.
Electricity sales to Poland increased by 17.5%, or 107.779 million kWh, to 723.331 million kWh. Electricity exports to Moldova were 403.986 million kWh, which was 41.9%, or 291.111 million kWh, down on January-June 2017.
In June 2018 alone, exports of Ukrainian electricity stood at 481.772 million kWh, which was 11.6% down on June 2017 (545.058 million kWh). Ukraine did not sell electricity to Belarus and Russia in January-June of 2017 and 2018. In the first six months of this year, Ukraine imported 18.129 million kWh of electricity, namely 17.417 million kWh from Russia and 0.712 million kWh from Belarus. The imports are recorded in SE Energomarket’s contracts as in-process transfers.

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HUNGARY, POLAND, MOLDOVA LEADERS OF ELECTRICITY IMPORTS FROM UKRAINE

Ukraine in January-June 2018 exported electricity worth $160.663 million, including $23.485 million in June alone. Hungary bought electricity worth $97.355 million, Poland $39.004 million, Moldova $20.483 million, other countries $3.821 million, Ukraine’s State Fiscal Service has said.
Exports of Ukrainian electricity in monetary terms in January-June-2018 increased by 17.8% compared to the same period in 2017 ($136.351 million).
Over the period under review, Ukraine imported electricity worth $0.803 million, in particular, electricity imports from the Russian Federation were estimated at $0.766 million, from Belarus at $0.035 million, from Moldova at $0.002 million.
As reported, Ukraine plans 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.

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UKRAINE RAISES ELECTRICITY EXPORTS IN 2018

Ukraine in January-May 2018 increased electricity exports by 1.3% (34.684 million kWh) compared to the same period in 2017, to 2.653 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Power supply from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 10.4% (by 159.488 million kWh), to 1.686 billion kWh.
Electricity deliveries to Poland increased by 24.3% (by 128.407 million kWh), to 656.551 million kWh. Electricity supplies to Moldova amounted to 310.767 million kWh, which is 44.9% (253.211 million kWh) less than in January-May 2017. Ukrainian electricity was not exported to Belarus and Russia in January-May 2017 and January-May 2018
At the same time, in May 2018 exports of Ukrainian electricity amounted to 464.558 million kWh, which is 23.5% (143.076 million kWh) less than in May 2017. In addition, Ukraine for the first five months of this year imported 14.818 million kWh of electricity (14.221 million kWh from Russia, 596,000 kWh from Belarus).

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DTEK ENERGY’S THERMAL POWER PLANTS INCREASES ELECTRICITY SUPPLY BY 12%

DTEK Energy’s thermal power plants (TPP) increased electricity supply by 12.1% in January-May 2018 compared to the same period in 2017, to 13.5 billion kWh, the company’s press service has reported.
According to its information, in particular power supply from thermal power plants working on gas coal grew by 21.7%, to 11.5 billion kWh, while those on anthracite reduced by almost 30%, to 2 billion kWh.
The press service noted that the company increases production of electricity from Ukrainian coal through a project to transfer two blocks of Prydniprovska TPP to gas coal (completed in late 2017), as well as increased loading of its other TPPs on gas coal.
“DTEK TPPs operate in the mode required for the power system and show very good dynamics of electricity production from gas coal. It’s nice to see that the project we implemented at Prydniprovska TPP not only helps reduce the volume of coal imports to the country, but also creates prerequisites for building up own production in Ukraine,” Director for Power Generation at DTEK Energy Serhiy Kurylenko said.
DTEK Energy plans by the end of 2018 to complete the transfer of two more units of Prydniprovska TPP from anthracite to gas coal, which will allow the station to provide the required amount of electricity production without using anthracite.

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HUNGARY, POLAND, MOLDOVA ARE TOP MARKETS FOR UKRAINIAN ELECTRICITY

Ukraine in January-May of this year exported electricity worth $137.168 million, in particular in May for $27.837 million. According to the State Fiscal Service, Hungary received electricity worth $85.312 million, Poland for $32.575 million, Moldova for $15.629 million, other countries for $3.652 million.
Thus, in monetary terms exports of Ukrainian electricity in January-May 2018 increased by 25% compared to the same period in 2017 ($109.749 million). In addition, Ukraine for this period imported electricity for $658,000 (from the Russian Federation for $629,000, from Belarus for $28,000, and from Moldova for $1,000).

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