Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS ELECTRICITY CONSUMPTION IN JAN-MARCH

Electricity consumption in Ukraine in January-March 2020, taking into account in-process losses in power grids, fell by 5.6% (by 2.366 billion kWh) compared to January-March 2019, to 39.644 billion kWh, the Ministry of Energy and Environment Protection has told Interfax-Ukraine.
Excluding in-process losses, electricity consumption over the period decreased 3.6% (by 1.179 billion kWh), to 31.965 billion kWh.
The country’s industry, excluding in-process losses, reduced electricity consumption by 5.8%, to 12.429 billion kWh. In particular, metallurgical industry consumed 6.746 billion kWh (9.5% less compared to January-March 2019), fuel industry some 849.9 million kWh (6.6% less), machine building industry some 959.9 million kWh (14.2% less), chemical and petrochemical some 2.029 billion kWh (24.2% more), food and processing some 1.088 billion kWh (1.2% less), construction materials some 483.4 million kWh (2.1% less), and others some 1.283 billion kWh (0.8% down).
In addition, agricultural enterprises consumed 854.8 million kWh (4.2% less), transport some 1.708 billion kWh (6.8% less), and developers some 282.5 million kWh (7.6% down).
In January-March 2020, the country’s population consumed 10.407 billion kWh (0.9% up), households some 4.138 billion kWh (6.7% down), and other non-industrial consumers some 2.145 billion kWh (1.3% down).
The share of industry in total electricity consumption in January-March 2020 fell from 39.8% to 38.9%, and the share of the population grew to 32.6% from 31.1%.
In March 2020, electricity consumption, taking into account in-process losses, decreased by 7% (by 948.2 million kWh) compared to the same month of 2019, to 12.611 billion kWh, excluding in-process losses it fell by 3.9% (417.8 million kWh), to 10.374 billion kWh.

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