Ukraine's power plants reduce electricity generation by 10.

Electricity generation from alternative (renewable) sources of energy, such as the sun and wind, rose by 27.8% and 35%, respectively.

Photo from UNIAN

Photo from UNIAN

Ukraine's power plants in January-April 2020 reduced electricity generation by 10.9% year-over-year (y-o-y), to 49.73 billion kWh.

In particular, thermal power plants (TPPs) and combined heat and power plants (CHPP) over the period under review generated 17.34 billion kWh, which accounted for 34.8% of the country's total generation, which was 19.7% down y-o-y, according to the State Statistics Service.

National nuclear power plants (NPPs) over the four months of 2020 generated 28.88 billion kWh, which was also 4.6% below the amount in the four months in 2019. NPPs' share in the country's total generation was 58%.

Electricity generation by hydropower plants (HPPs) fell by 24.4% to 2.23 billion kWh, which accounted for 4.4% of the country's electricity output.

Electricity generation from alternative (renewable) sources of energy – solar and wind – rose by 27.8% and 35%, respectively. Solar stations and wind farms generated 1.26 billion kWh, which accounted for 2.5% of the country's electricity generation.

At the same time, electricity output in April 2020 alone, compared to April 2019, decreased by 27.2% at thermal power plants, by 5.9% at nuclear power plant, by 25.1% at hydroelectric power plants, whereas the generation grew by 30.9% at solar power plants and by 3.5% at wind farms.

Read alsoUkrainian MP elaborates on why Ukraine pays one of world's highest feed-in tariffs

As UNIAN reported earlier, Ukraine in 2019 cut electricity generation by 4.9% from 2018, to 151.25 billion kWh.

Ukraine's acting Minister of Energy and Environmental Policy Olha Buslavets in April said that the Ukrainian power industry was completely unbalanced in mutual settlements. Moreover the state debt for electricity generated by renewables may reach UAH 26 billion (US$972 million) by the end of the year.

Due to the growing share of the "green" generation, the country's energy balance was revised. The updated balance of the energy system, approved by the Ministry of Energy and Environmental Policy, provides for the withdrawal of Energoatom's three nuclear units into a forced outage and operation of another five power units at a reduced power.

At the same time, an insignificant decrease in the share of generation is supposed to be at thermal power plants, most of which are part of businessman Rinat Akhmetov's DTEK energy holding. Furthermore, DTEK's renewables (20% of the market) are expected to boost electricity generation as well.

At the same time, thermal generation and renewables are much more expensive than nuclear, which affects electricity tariffs across country.

Related news

Ukrainians have almost US$16.7 bln in cash hryvnia equivalent

Since the year's start, the amount of cash outside the banking system grew by 16.7%.

Ukraine sees cut in industrial prices by almost 5% in six months.

Producers in mining and quarrying sectors slashed prices most.

Ukraine’s infrastructure minister, ambassador of Turkmenistan discuss resumption of flights.

Infrastructure Minister of Ukraine Vladyslav Kryklii has met with Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Ukraine Toyly Atayev to discuss the possibility of resumption of flights.

EBRD to provide EUR 25 mln loan to Ukraine's air navigator.

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to EUR 25 million to Ukrainian State Air Traffic Services Enterprise (UkSATSE), Infrastructure Minister Vladyslav Krykliy has said.


Deposits in Ukraine's banks in June up 4% in hryvnia, down 1.

The balance of hryvnia loans in June alone increased by 0.3%.

2 4

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies