Ukraine exported $85.5 million worth of electricity in January-June 2016, which was higher by 22% year-over-year, according to the State Fiscal Service (SFS).
The SFS reported that electricity supplies to Hungary accounted for 74.2% of total revenues from power exports. Power supplies to Poland made up 25.4% of total power export volumes and to Moldova – less than 0.4%.
As UNIAN reported earlier, Ukraine saw a reduction in foreign currency earnings from power exports by 3.2 times in 2015 compared to 2014, from $487.2 million to $150.1 million.
At an annual auction for power exports in 2016, Ukraine`s largest private energy holding DTEK, owned by Rinat Akhmetov, secured access to Ukraine`s bandwidth interstate electric grid with a capacity of 2,125 GWh, which makes up 88% of total capacity.
On July 4, 2016 Head of the National Energy and Utility Regulation Commission Dmytro Vovk raised the issue about the competitiveness of electricity prices in Ukraine, in view of the fact that prices of electricity for households are ten times lower as compared to prices in the EU`s developed countries and lower by twice for the industrial sector, according to Vovk.
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