Business news from Ukraine

ENERGOATOM REDUCES ELECTRICITY PRODUCTION BY 6%

13 November , 2020  

Electricity production by all power plants of state-owned enterprise Energoatom in January-October 2020 decreased by 6% (by 4.057 billion kWh), to 63.214 billion kWh compared to the same period in 2019.
According to the company’s report, the target for electricity production for the specified period was exceeded by 2.8%.
The power plants of the state-owned enterprise supplied 59.059 billion kWh of electricity versus 63.170 billion kWh in January-October 2019.
The share of Energoatom in the total structure of electricity production in the country amounted to 52.8%, which is by 0.3 percentage points less than in the ten months last year.
The volume of capital investment use amounted to UAH 7.091 billion versus UAH 11.293 billion in January-October 2019, financing of capital investments some UAH 7.404 billion versus UAH 12.544 billion.
According to the results of the reporting period, Energoatom transferred UAH 8.980 billion to the budgets of all levels, insurance payments amounted to UAH 2.593 billion.
The installed capacity utilization factor of the enterprise amounted to 62.2%, which is 4.3 percentage points less than in January-October 2019. At the same time, the coefficient of readiness to bear nominal electric load amounted to 71.8%, which is 4 percentage points more than in the ten months of 2019.

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