Ukraine in 2009 has reduced the export of electricity by 49%

Written by admin on January 26th, 2010

Ukraine in 2009 reduced the export of electricity to 49.2% (3 billion 867.9 million kWh) compared to 2008 year - up to 4 billion 0.3 million kWh, said the Ministry of Fuel and Energy .

The double drop in deliveries was due mainly, the loss of one of the major foreign markets - Moldova. The authorities of the republic in late 2008 decided to replace the Ukrainian energy in the internal market of electricity produced by the Moldovan Power Station (PMR), the ministry explained.

Moldova, which in 2008 accounted for more than a third of all exports, last year imported 6.9 million kilowatt-hours (for the same period last year, 2.988 billion kWh).

world crisis and the subsequent recession, accompanied by the collapse of prices and lower demand for energy, led to a reduction in the supply of Ukrainian electricity to Europe.

Exports of electricity from the island Burshtynsk TPP towards Hungary, Slovakia and Romania in 2009 declined by one third (1 billion 522.6 million kWh) compared to 2008 year - up to 2.579 billion kWh.

Poland in the last year has reduced the import of Ukrainian electricity to 3.9 times - up to 201.5 million kWh. Deliveries in January-August 2009, almost non-existent, as the Ukrainian electricity because of high prices were uncompetitive in the market of Poland.

Meanwhile, in Belarus in June-December last year, delivered 1 billion 212.9 million kWh of electricity, while in 2008 the commercial supply of Ukrainian electric power in this country are not implemented.

prices for exported electricity in Ukraine hryvnia over the past year have grown, and in U.S. dollars (the currency in which payments are made with foreign companies) because of the devaluation of the currency fell. As a result, revenues from electricity exports in 2009 decreased by 56,7% as compared to 2008 - up to $ 208 million

In December 2009 the export of Ukrainian electricity decreased by 48,3% (to 292.5 million kWh) compared to December 2008 - up to 312.7 million kWh.

As reported, Ukraine in 2008 reduced the export of electricity to 14,5% (for 1 billion 332.2 million kWh) compared with the year 2007 - up to 7 billion 868.2 million kWh. Thus the country"s revenues from electricity exports increased by 26,8% (to $ 101.6 million) compared with theabcyear 2007 - to $ 480.4 million

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