The results of 2018: electricity

Based on the data of the SOE “Energorynok” and the Ministry of Energy and Coal Mining, we prepared a work reference of the electricity sector in Ukraine.

Last year, Ukraine produced 159,350 GWh. Electricity production increased by 2.5% compared to 2017. Consumption amounted to 153,214 GWh, which is 2.3% more than last year. The largest consumers in 2018 are the population, the metals industry, and utility users, which accounted for 29.5%, 24.2% and 12.7% in the total structure, respectively.

In total, in 2018, 146,100 GWh were released to the wholesale market of Ukraine by generating facilities. Following the results of last year, the structure of electricity supply in the WEM is as follows:

• NPPs remained the main electricity suppliers, which released 79,602 GWh into the market (which is equivalent to 54% of the total electricity released to the market).
• TPPs and CHPP - 52,527 GWh (36%).
• HPPs and PSHs generated 11,182 GWh (8%).
• Renewable energy facilities released into the market 2,771 GWh (2%).

 The average cost of electricity sold in the WEM in 2018 varied from 1075 UAH/MWh to 1166 UAH/MWh. The average cost of each individual type of electricity generation released to the market after 12 months of 2018 is as follows:

• “green” generation – 4989.43 UAH/MWh.
• CHPP – UAH 2156.46/MWh.
• TPP – 1787.50 UAH/MWh.
• HPP – 864.59 UAH/MWh.
• NPP - 551.01 UAH/MWh.

It is worth noting that on December 12, the National Regulatory Commission approved new tariffs for “Ukrenergo”, “Ukrhydroenergo” and “Energoatom”, in which they increased the price of electricity for the first half of 2019 by 19.3%, 2.7% and 1.6%, respectively.