Business news from Ukraine

Business news from Ukraine

UKRAINE TO START IMPLEMENTING ENERGY SAVING PROGRAM NEXT YEAR

Ukraine will begin to implement an energy saving program next year, about UAH 300 billion is currently needed for implementation, Ukrainian President Volodymyr Zelensky has said.
“This program [on energy saving] has been developed in absolute detail […] We see that this program can be implemented, and we will definitely implement it with the support of specialists and financial assistance from the European Union. In any case, we will start doing this next year. We cannot wait when our neighbor [Russia] threatens us with a shutdown or reduction in gas volumes,” Zelensky said during a briefing following the 23rd Ukraine-EU summit with President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen.
He said that Ukraine should be truly energetically independent.
According to Zelensky, Ukraine currently needs about UAH 300 billion to implement this program.

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NUMBER OF UKRAINIAN HOUSEHOLDS WITH INSTALLED PV PANELS GROWS BY 11% IN Q2

The number of households that installed PV panels in April-June 2021 grew by 3,480 units, or 11%, the State Agency on Energy Efficiency and Energy Saving reported on Thursday.
“Today, the 98 MW installed by families is an investment of about EUR 60 million,” the agency said.
According to the agency’s press release, as of July 1, 2021, there are 35,400 families in Ukraine that generate and consume electricity from solar energy, and the total capacity of the PV panel units installed by them has reached 933 MW.
At the same time, the agency said that the indicators of the second quarter of 2020 decreased by half, to 1,541 units (42 MW), while the indicators for the same period in 2019 were 3,045 units (86 MW).
The three leaders in terms of the number of installed PV units include Dnipropetrovsk region (5,706 units with a total capacity of 141 MW), Ternopil region (2,788 units with a total capacity of 79 MW) and Kyiv region (2,718 units with a total capacity of 78 MW).

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DMZ TO SPEND OVER UAH 15 MLN ON ENERGY SAVING PROGRAM

PrJSC Dniprovsky Metallurgical Plant (DMZ, formerly Evraz-DMZ), a member of DCH Steel of DCH Group of businessman Oleksandr Yaroslavsky, will allocate more than UAH 15 million for the implementation of the energy saving program in 2020-2021.
According to a press release from the company, major repairs were carried out last year on the combustion plugs of excess blast furnace and coke oven gas, thus avoiding energy leaks. To date, the work on replacing outdoor lighting on the territory of the enterprise has been practically completed.
In rolling shop No. 2, seven frequency converters were installed on the fans for blowing off the electric motors of stands Nos. 1-8, about 70 lamps were replaced with energy saving ones in three spans. The lighting on conveyors S-4 and U-1 of the coke plant was also replaced.
“The modernization of lighting will significantly reduce energy consumption. In addition, working conditions will improve, as the illumination from LED lamps is much higher,” the press release said.
The plant specializes in production of steel, pig iron, rolled products and coke.
On March 1, 2018, DCH Group signed an agreement on the purchase of Dniprovsky Metallurgical Plant from Evraz.

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