Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS ELECTRICITY CONSUMPTION BY 4.2% IN JAN-OCT

11 November , 2020  

Electricity consumption in Ukraine, taking into account in-process losses in power grids, decreased 4.2% in January-October 2020, compared to the same period in 2019, to 117.919 billion kWh, the Ministry of Energy has told Interfax-Ukraine.
Excluding in-process losses, electricity consumption in the first 10 months decreased 3.2%, to 95.88 billion kWh.
The country’s industry, excluding technological losses, reduced electricity consumption by 5%, to 40.614 billion kWh. In particular, metallurgical industry consumed 22.527 billion kWh (7.4% less compared to January-October 2019), fuel industry some 2.654 billion kWh (5.8% less), machine building industry some 2.504 billion kWh (17.1% less), chemical and petrochemical some 3.482 billion (14.4% more), food and processing some 3.553 billion kWh (4.2% less), construction some 1.9 billion kWh (1.1% more), others some 3.553 billion kWh (0.5% more).
In addition, agricultural enterprises consumed 3.116 billion kWh (0.6% more), transport some 4.595 billion kWh (14.8% less), developers some 745.2 million kWh (4.5% less).
In January-October 2020 the country’s population consumed 29.498 billion kWh (2.8% more), households some 11.454 billion kWh (6.9% less) and other non-industrial consumers some 5.858 billion kWh (3.8% less).
The share of industry in total electricity consumption in the first 10 months fell from 43.2% to 42.4%, while the share of the population grew to 30.8% from 29%.
In October 2020, electricity consumption, taking into account in-process losses, decreased 4.6% compared to the same month of 2019, to 11.79 billion kWh, excluding in-process losses it fell by 0.8%, to 9.641 billion kWh.

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