Ukraine reduces electricity export by 14.5% in 2008

Oil&Gas Materials 19 January 2009 20:44 (UTC +04:00)

Ukraine, Kiev, Jan. 19/ Trend Z. Novosvitski/ In 2008 Ukraine reduced electricity export by 14.5% - to 7.868 billion kw/h as compared to 2007, Ukraine's Ministry of Fuel and Energy said.

Ukraine exports electricity to Moldova, Slovakia, Poland and Romania. Export of electricity is realized by Ukrinterenergo state enterprise which purchases it in wholesale electricity market at tariff fixed by the National Electricity Regulatory Commission (NERC).

According to the information, in particular, in 2008 export of Ukraine's electricity to Hungary was reduced by 30.9% to 2.192 billion kw/h, to Moldova - 1.9%  to 2.988 billion kw/h, Slovakia - 5.2 times to 1.838 billion kw/h, Romania - 84.6% to 70.5 million kw/h.

Moreover, from Apr. 14 to Dec. 31, 2008, 778.6 million kw/h was exported to Poland that is 37.5% more than in 2007. Totally, in December export of electricity form Ukraine reduced by 2.3% to 605.2 million kw/h as compared to December 2007.

In 2008 cost of export of Ukraine's electricity increased by 26.8% or by $101.6 million to $480.4 million.

The incomes of Ukrinterenergo from export of electricity to the countries of Eastern Europe (Hungary, Slovakia, Poland, Romania) in January-November increased by 47.1% to $354.3 million. Moreover, the average price of electricity exported from energy island of Burshtin thermoelectric power station (Hungary, Slovakia and Romania) increased by 37.3% to $76.9 million during the reported period.

Import of electricity from Russia to Ukraine in September-November 2008 totaled 937.8 million kw/h, including 300.3 million kw/h in November (supplies were begun on Sep. 15, 2008 and ceased on Dec. 1)

Have any feedback? Contact our journalist at: [email protected]