Ukrenergo lost an appeal by Akhmetov’s company for UAH 400 mln. The Northern Commercial Court of Appeal refused to meet Ukrenergo’s request and upheld the decision of the first instance to recover UAH 399.4 mln ($1.5 mln) in debts from Ukrenergo in favor of ... #DTEK #Ukrenergo #UkrenergoDebttoDTEK
Last week, the National Bank of Ukraine (NBU) purchased a record $858 mln in currency on the interbank market this year. Almost the entire amount of the purchased cash was the currency funds of the state-owned company NEC Ukrenergo, which placed 5-year Eurobonds under gove... #NationalBankofUkraine #nbu #Ukrenergo
Ukrenergo will resume electronic auctions for access to interstate power grids. The Kyiv District Administrative Court has canceled measures to secure DTEK Zahidenergo’s lawsuit, which led to the forced suspension of all auctions for the distribution of access to the capac... #DTEK #Ukrenergo #UkrenergoElectronicAuctions
Several solar power producers intend to sue Ukrenergo, the state run transmission system operator, for ‘illegally’ restricting production of wind and solar power this spring, says Artem Semenyshyn chairman of the Solar Energy Association of Ukraine, reports reform.energy. The problem of ‘over production’ by solar plants is to sharpen in the summer, typically the peak sola... #energyukraine #SolarEnergy #SolarEnergyAssociation #Ukrenergo
Ukrenergo lost $1 billion last year, a sharp turnaround from nearly $70 million profit in 2019. The state company says its core activity – power transmission — is profitable. But losses come from subsidizing electricity to low income households and from national rates that do not cover el... #Ukrenergo #UkrenergoLosses
As temperatures increase, solar and wind electricity production increase, but electricity consumption decreases, warned Ukrenergo. During the week of April 5-11, renewable production increased by 17% to 227 million kW, but electricity consumption decreased by 1%, to 2.86 billion kWh. Going into the high producti... #RenewableEnergy #Solarpower #Ukrenergo #windpower
