Business news from Ukraine

ELECTRICITY CONSUMPTION IN UKRAINE INCREASES BY 6.7% IN JAN-MAY

Electricity consumption in Ukraine, taking into account in-process losses in power grids, increased by 6.7% in January-May 2021 (by 4.163 billion kWh) compared to the same period in 2020, to 65.913 billion kWh, according to data from the Energy Ministry.
According to the calculations of Interfax-Ukraine, excluding in-process losses, electricity consumption for the specified period increased by 8.2% (by 4.073 billion kWh), to 53.761 billion kWh.
The country’s industry, excluding in-process losses, boosted electricity consumption by 7.3%, to 21.709 billion kWh. In particular, metallurgical industry consumed 11.853 billion kWh (4.6% more compared to January-May 2020), the fuel industry some 1.397 billion kWh (3.9% more), machine-building industry some 1.612 billion kWh (18.7% more), chemical and petrochemical some 1.83 billion kWh (12.1% more), food and processing some 1.746 billion kWh (1% more), building materials some 1.025 billion kWh (22.5% more), others some 2.247 billion kWh (12.4% more).
In addition, agricultural enterprises consumed 1.445 billion kWh (0.9% more), transport some 2.619 million kWh (8.2% more), construction some 501.1 million kWh (23.8% more).
In January-May 2021, the country’s population consumed 17.469 billion kWh (7.5% more), households some 6.384 billion kWh (8.1% more), other non-industrial consumers some 3.635 billion (18.8% more).
According to the results of the first five months, the share of industry in the total volume of electricity consumption decreased from 40.7% to 40.4%, while the share of the population increased from 32.7% to 32.5%.
In May 2021, electricity consumption, taking into account in-process losses, increased by 3.1% (by 338 million kWh) compared to the same month of 2020, to 11.183 billion kWh, excluding in-process losses, by 9.6% (by 848.8 million kWh), to 9.713 billion kWh.

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ENERGY MINISTRY OF UKRAINE JOINS EUROPEAN CLEAN HYDROGEN ALLIANCE

The Ministry of Energy of Ukraine announced its entry into the European Clean Hydrogen Alliance to coordinate efforts in the context of the development of hydrogen energy.
“The European Commission has identified Ukraine as one of the priority partners in the future hydrogen economy of the European Union. Therefore, membership in the European Clean Hydrogen Alliance will help intensify our efforts to find potential partners for the implementation of projects for the production, transportation, storage and consumption of hydrogen,” Deputy Energy Minister Yaroslav Demchenkov is quoted in the ministry’s release as saying.
According to him, it is important for the Ministry of Energy to consult with a wide range of countries and companies that develop hydrogen energy in Europe.
On July 8, 2020, the European Commission published the Hydrogen Strategy for a Climate Neutral Europe and established the European Clean Hydrogen Alliance, which, in particular, includes national energy and transnational companies, research institutions, and the European Investment Bank. The members of the European Clean Hydrogen Alliance are such leading energy and industrial companies in Europe as Electricité de France (EDF), E.ON SE, BMW Group, General Electric, AREVA H2Gen, Airbus SAS, Alstom, BASF SE, Bosch Group and many others.
Earlier it was reported that more than 20 Ukrainian companies have already joined the EU hydrogen alliance, including Energoatom and Gas Transmission System Operator of Ukraine.

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ENERGY MINISTRY OF UKRAINE PLANS TO ESTABLISH INDUSTRY CENTRE FOR CYBERSECURITY

The Ministry of Energy of Ukraine plans to establish Industry Centre for Cybersecurity for critical infrastructure facilities in the Ukrainian energy sector.
As the Ministry’s press office reports, negotiations with partners on obtaining technical assistance are currently underway.
“International companies leading in the field of cybersecurity and digital transformation, such as, Microsoft, Cisco, HPE, Dell, McAfee, Huawei, Fortinet, Trend Micro, Micro Focus, Palo Alto Networks, have expressed interest in joining work together,” the ministry said.
In the near future, together with the International Cybersecurity University (ICU), it is planned to hold a meeting of the working group on the development of cyber defense of critical energy infrastructure facilities under the Ministry of Energy.
“The purpose of the meeting is to draw attention to cybersecurity issues in the energy sector, to establish closer cooperation with global companies and international partners, to develop a plan for the further development of the sectoral cybersecurity system,” the Ministry of Energy reported.

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