14:53 05.11.2018

Ukrenergo reduces power transmission by 2.6% in Jan-Sept

2 min read
Ukrenergo reduces power transmission by 2.6% in Jan-Sept

National energy company Ukrenergo in January-September 2018 reduced transmission of electricity through trunk networks by 2.6%, or 2.182 billion kWh, compared to the same period last year, to 82.098 billion kWh.

According to a report on the company's website, the cost of electricity transmission services for the nine months ending September 30, 2018, decreased by 34.5% (UAH 2.07 billion), to UAH 3.928 billion.

Ukrenergo in January-September 2018 raised capital investment by 25.8% (UAH 608.814 million), to UAH 2.969 billion.

The company's total expenses rose by 2.1% (UAH 47.904 million), to UAH 2.368 billion, in particular repair costs increased by 37.6% (UAH 48.344 million), to UAH 176.874 million.

As reported, Ukrenergo in 2017 increased power transmission through backbone networks by 2.4% (2.616 billion kWh) compared to 2016, to 113.837 billion kWh.

As of January 1, 2018, the company's averaged tariff was reduced by the regulator by 29.4%, from 6.933 kopecks per kWh to 4.894 kopecks per kWh. The company originally proposed that the tariff be reduced by 10% to 6.24 kopecks per kWh.

Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country's integrated power grids. Ukrenergo is a state-owned enterprise under Ukraine's Ministry of Energy and Coal Industry, but it will be transformed into a private joint-stock company soon.

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