Business news from Ukraine

STATE-RUN ENERGOATOM RAISES ELECTRICITY GENERATION BY 4.5%

Electricity generation by all power plants of state-owned enterprise Energoatom in January-July 2019 increased by 4.5% (2.099 billion kWh) compared to the same period of 2018, to 48.861 billion kWh.
According to the press service of the company, the target for production of electricity for this period was exceeded by 1.1%.
During this period, the power plants of the state-owned enterprise supplied 45.954 billion kWh of electricity to the market against 43.979 billion kWh in January-July 2018.
The share of Energoatom in the total structure of electricity production in the country was 53.5%.
The volume of capital investments in the seven months of 2019 amounted to UAH 5.711 billion through January-July against UAH 5.654 billion in the same period last year.
Capital investments funding amounted to UAH 8.714 billion against UAH 7.168 billion in 2018.
Energoatom in January-July transferred UAH 8.203 billion to the budgets of all levels, insurance payments amounted to UAH 1.469 billion.

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

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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UKRAINE RAISES ELECTRICITY GENERATION BY 2.2%

Ukraine raises electricity generation by 2.2%
Electricity generation in the united energy system of Ukraine in January-July 2018 increased by 2.2% compared to the same period in 2017, to 92.090 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. At that time, nuclear power plants (NPP) in the period reduced electricity generation by 10.7%, to 46.627 billion kWh, in particular, electricity generation at Zaporizhia NPP amounted to 21.454 billion kWh (2.1% less than in January-July 2017), Yuzhnoukrainsk NPP to 9.085 billion kWh (3.9% less), Rivne NPP to 8.138 billion kWh (26.9% less), and Khmelnytsky NPP to 7.950 billion kWh (down by 18%).
Thermal power plants (TPP), as well as combined heat and power plants (CHPP) and cogeneration plants increased output by 17.3%, to 34.585 billion kWh. In particular, the generating companies of TPPs increased production by 19.8%, to 27.892 billion kWh, while CHPP and cogeneration plants by 7.7%, to 6.693 billion kWh.
Hydro power plants and hydroelectric pumped storage power plants raised production in January-July 2018 by 32.7%, to 8.601 billion kWh, while block stations reduced by 1.4%, to 835.2 million kWh.
Electricity production by non-traditional sources (wind power plants, solar plants, biomass) for the seven months rose by 36.4%, to 1.443 billion kWh.

JAPAN READY TO ISSUE LOANS TO UKRAINE FOR PROJECTS OF ELECTRICITY GENERATION FROM WASTE

Japan is ready in the future to provide Ukraine with loans for the implementation of projects for generating electricity from waste, Japanese Ambassador to Ukraine Shigeki Sumi has said.
“Japan is very interested in having a system through which energy will be generated from waste,” Sumi said at the conference “New Waste Management Policy is a Way to a Circular Economy” dedicated to the implementation of the National Waste Treatment Strategy until 2030 in Kyiv.
He noted that last year Japan International Cooperation Agency (JICA) developed a program for Ukraine and at the moment Japanese experts have visited three cities (including Kharkiv and Kyiv), where they conduct research for the possible further financing of relevant projects.
“In the future, the Japanese government will be ready to issue loans to the government of Ukraine to implement such a system for generating electricity from waste,” Sumi stressed.
As reported, in May JICA proposed Kyiv City State Administration to assess the potential of landfill No. 5 in the village of Pidhirtsi (Kyiv region) for energy production.

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