The state-owned power generating company Centrenergo in the first half of 2018 reduced net profit by 78.3% YoY, from UAH 2.019 billion ($75.8 million) to UAH 439.3 million ($16.5 million). Net income from sales amounted to UAH 7.97 billion over the period under review, up by 32%, according to a company announcement in the National…
The Cabinet of Ministers has left unchanged the price of gas for the population until September 1. The decision was made at a government meeting on July 26, according to the government portal. “The government has extended until September 1 the effect of resolution No. 187 on the approval of the clause on the imposition…
In order to ensure uninterrupted power supply during the 3rd World Nomad Games, the Issyk-Kul branch of the National Electric Network of Kyrgyzstan is carrying out measures for the reconstruction of 110 kV substation Grigoryevka, the press service of National Electric Network of the Kyrgyz Republic JSC reported. The power supply for the 3rd World…
Uzbekistan intends to start construction of its nuclear power plant. Uzbekistan and Rosatom, Russia’s state corporation, reached an agreement to build a two-reactor nuclear power plant (NPP). It is expected to put it into commission in full by 2028. NPP construction will let the country save 3.7 billion cubic meters of natural gas a year.…
Natural gas reserves in Ukrainian underground storage facilities (USFs) have increased by 55.4%, or by 4.12 billion cubic meters since the gas injection season started on April 9, to 11.554 billion cubic meters. Some 366.55 million cubic meters of gas was injected into the USFs on July 1-7, according to the state-run gas transport system…
The German federal company Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) mbH launches a new project to support the Energy Efficiency Fund of Ukraine, Vice Prime Minister-Minister for Regional Development, Construction and Housing Hennadiy Zubko wrote on his Facebook page. “We continue to unite international partners around the energy efficiency reform and the launch of the…
Ukraine and Denmark successfully cooperate in the field of renewable energy and energy efficiency, Chairman of the State Agency on Energy Efficiency and Energy Saving of Ukraine Sergiy Savchuk said during the 2nd Ukraine Reform Conference in Copenhagen (Denmark). In particular, Savchuk noted that the foundation for the partnership had been laid by the bilateral…