Energoatom boosts output, spends billions to maintain tariffs

Business

6 February 2025, 11:42 AM

Ukraine’s nuclear power plant operator Energoatom increased its electricity production in 2024 by 2% to 53 billion kWh, which is 12% higher than in 2022, according to its report published on Feb. 6.

Про повідомила компанія.

The company exceeded its production plan and added 1 billion kWh to the grid.

During the heating season (January-March and October-December), monthly electricity production ranged from 5 to almost 6 billion kWh, while during the repair campaign in the warmer months, the production level was between 3 and 4 billion kWh per month.

"Energoatom reduced the total duration of scheduled power unit repairs by 59 days" to ensure that all 9 power units on Ukrainian-controlled territory are operational during the cold season, the report said.

In 2024, Energoatom allocated UAH 116.3 billion ($2.8 billion) to pay for public service obligations, which account for 58% of its net income, in order to maintain fixed electricity tariffs for the population.

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