Business news from Ukraine

Business news from Ukraine

UKRAINE SEES 1.9-FOLD RISE IN ELECTRICITY GENERATION FROM RENEWABLE ENERGY

14 April , 2019  

Ukraine in March 2019 increased generation of electricity by renewable energy facilities 1.9 times (by 195.8 million kWh) compared to March last year, to 409 million kWh. According to the Energy and Coal Industry Ministry, in January-March 2019, the production of electricity by renewable energy facilities increased 1.6 times (by 317.5 million kWh) compared to the same period last year, to 850.3 million kWh.
The share of renewable energy in the structure of electricity production in March 2019 amounted to 2.9%, which is 1.5 p.p. more than in March 2018. The share of renewables in the first quarter of this year was 1.9%, which is 0.7 p.p. more than January-March 2018.
As reported, the forecast electric power balance of Ukraine, updated at the beginning of April, envisages production of electricity by renewable energy facilities in the amount of 5.979 billion kWh, which is 2.3 times (2.633 billion kWh) more than in 2018.
Ukraine in January-March 2019 introduced 861.1 MW of renewable energy facilities, which is 5.4 times more than in the same period of 2018, and 16% more than in the entire of 2018.

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