Business news from Ukraine


14 March , 2019  

National Nuclear Generating Company Energoatom increased power generation by 10% year-on-year in January and February 2019, to 15.989 billion kWh, the company has said.
The electricity generation target was met by 100.5%.
Electricity sales totaled 15.098 billion kWh compared to 13.722 billion kWh in January and February 2018. Energoatom’s share of total electricity sold to Energomarket state enterprise was 55.8%, and the share of total electricity generation in the country was 54.2%.
The company sold electricity worth UAH 10.4 billion (including VAT) on the wholesale power market, which is 15.7% more than in January and February 2018.
Capital investment totaled UAH 808.2 million compared with UAH 1.479 billion in January and February 2018.
The company sent UAH 2.275 billion to the budgets of all levels and insurance payments came to UAH 363.2 million.
Capacity use was 81.4%, which was 7.4 p.p. more than a year previously.
Three malfunctions were recorded at Ukrainian nuclear power plants in the reporting period, one less than a year ago. Radiation levels at Ukrainian NPPs were normal over the period.
Energoatom is the operator of all four Ukrainian-based operating nuclear power plants, which have 15 VVER reactors with an overall generating capacity of 13.835 gigawatts.
The company also operates the Tashlyk hydroelectric pumped storage power plant with a 302 MW capacity in a turbine mode and Oleksandrivka hydropower plant with an 11.5 MW capacity.