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Ukrainian hydropower company plans to restore 1 GW of capacity over next six months

Friday, 15 December 2023, 20:13
Ukrainian hydropower company plans to restore 1 GW of capacity over next six months
Stock photo: Getty Images

Ukrhydroenergo, Ukraine's largest hydropower company, plans to restore about 1,000 megawatt of hydropower generating capacity affected by Russian attacks over the next six months.

Source: Ihor Syrota, General Director of PJSC Ukrhydroenergo on the air of the national 24/7 newscast

Details: Syrota claims that a total of more than 50 missile strikes were made against Ukrhydroenergo facilities, resulting in a loss of roughly 2,500 megawatt. The company has restored 1,500 megawatts so far, and another 1,000 megawatts is planned to be added over the next six months.

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He added that Ukrhydroenergo lost a total of about 2 billion kWh of electricity generation per year and about UAH 8 billion (roughly US$216 million) because of missile attacks.

"In the conditions of electricity shortage in the energy system, Ukrhydroenergo produces 40 million kWh per day, which is 15-20% in the structure of the country's energy balance and essentially corresponds to the production level of a flood period," Syrota noted.

He also added that in energy production, hydropower generation has always taken up on average about 10% of the total energy balance. However, Ukrhydroenergo is already covering the deficit, increasing the share of hydrogeneration from 15% to 20%. At the same time, on some days, electricity generation from hydroelectric power plants and pumped hydroelectric energy storages reaches 20-25% of the total energy balance.

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Background: 

Ihor Syrota called on Ukrainian consumers to save electricity because of hydroelectric power plants overusing water reserves in reservoirs.

Ukrhydroenergo received a tranche of €133 million from the European Investment Bank (EIB) for the implementation of the Hydro Power Plants Rehabilitation Project.

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