Ukrenergo to attract loan from KfW for reconstruction of substation in Lviv region

NPC Ukrenergo will attract EUR 30.4 million in a loan from the German state bank KfW as part of the Improvement of the Efficiency of Electricity Transmission IV (integration of the Ukrainian Integrated Power System into the European grid) project. The National Energy and Utilities Regulatory Commission of Ukraine (NEURC), at a meeting on Friday, … Read more

Ukrenergo can apply schedules for limiting industrial consumers amid deficit during spring-summer repair campaign

Ukrenergo can apply limitation schedules for industrial consumers in the context of a shortage in the energy system during the repair campaign at power plants in the spring and summer of this year, said the head of the company, Volodymyr Kudrytsky. According to him, the Ukrainian energy system, after significant destruction of generation as a … Read more

ENTSO-E approves accession of Ukrenergo to European ITC mechanism from July 1

The European Network of Transmission System Operators for Electricity (ENTSO-E) approved the accession of NPC Ukrenergo to the European Inter-Transmission System Operator Compensation (ITC) mechanism for compensation of losses during electricity transit from July 1, 2024. “I received a positive message from our colleagues from ENTSO-E, who approved the accession of Ukrenergo to the ITC … Read more

Ukraine forced to rely on record electricity imports after Russia struck critical infrastructure

Today, Ukraine will import more than 18,600 MWh of electricity, the Ministry of Energy said in its morning report. This is the highest indicator since the beginning of the year. The grid continues to be restored after the biggest blow during the entire war, which occurred on March 22. Yesterday, according to the instructions of … Read more

Ukrenergo expects to pay off debts to domestic solar power plants by late 2023 – Ukrenergo head

NPC Ukrenergo plans to pay off its debts on compensation of feed-in tariffs to owners of home solar power plants by the end of the year, the chairman of the company’s board, Volodymyr Kudrytsky, has said. “Our debts on the so-called roofing solar power plants (home solar power plants) in September decreased from UAH 4.2 … Read more

Ukrenergo will hold first joint auction for export of 200 MW of electricity to Slovakia on July 23

At the first joint auction for the distribution of the capacity of interstate lines on the Ukraine-Slovakia export route, which starts on July 21, 2023, 200 MW of capacity will be offered with a delivery date of July 23 from 09:00 to 14:00, Ukrenergo reported. “Ukrenergo and the Slovak transmission system operator SEPS have signed … Read more

Ukrenergo assesses threat of total blackout in Ukraine as low

Electricity transmission system operator Ukrenergo believes there is now little chance of a total blackout in Ukraine due to Russian missile attacks, Chairman of the Board of the company Volodymyr Kudrytskyi said during the telethon program on Dec. 31. “I believe that we have already passed the worst with these missile attacks, I really hope … Read more

Fitch upgrades Ukrenergo, its state-guaranteed bonds to ‘CC’

The international rating agency Fitch Ratings has upgraded Private Joint Stock Company National Power Company Ukrenergo’s (Ukrenergo) state- guaranteed notes’ senior unsecured rating to ‘CC’ from ‘C’ following the restructuring of its $825 million bonds. “The notes’ Recovery Rating remains unchanged at ‘RR4.’ The upgrade follows the restructuring of Ukraine’s debt. Fitch has also assigned … Read more

Ukraine starts exporting electricity to European synchronous zone – Ukrenergo head

In a few days, Ukraine will start exporting electricity to the synchronous zone of Continental Europe, Volodymyr Kudrytsky, Board Chairman of NPC Ukrenergo, has said on his Facebook page on Tuesday. “ENTSO-E confirmed on June 27 that Ukrenergo, together with TSOs [Transmission System Operators] of neighboring countries, has successfully met six technical conditions for opening … Read more

No large Ukrainian energy facility was damaged – Ukrenergo

Ukrenergo states that during the five days of the war no large Ukrainian energy facility was damaged. The maximum that was damaged is several high-voltage transmission lines. Since the beginning of the war, consumption has fallen by 27%, shutting down three nuclear power plants and two conventional ones. In this regard Energy experts urge not … Read more