In January-March DTEK companies produced 7.2 million tons of coal (up by 5.8% YoY), generated 9.8 billion kWh of electricity (down by 10.9%), transmitted 12.1 billion kWh of electricity via networks (down by 0.5%) and produced 381.1 million cubic meters of natural gas (up by 47.7%).

“Recently, the progress of the energy sector reforms has become more tangible: gas and electricity pricing has been brought closer to the market principles, efforts to update Ukraine’s energy strategy have been stepped up, and key draft laws of the industry—the law on the electricity market and the law on the national regulator—are expected to be approved soon. These positive signals raise hopes that the energy sector would finally see system-wide changes, and we would move from administrative to market mechanisms, with clear and transparent rules applicable to all. During the first quarter, the generating units at the TPPs were idle or operated at the minimum generation level, but we hope that in the second quarter the industry would feel the first results of the concerted effort by all branches of government and market players to revitalize the fuel and energy sector,” DTEK CEO Maxim Timchenko said.

Indicators

Unit

Q1 2016

Q1 2015

Change (+/-)

Change (%)

Coal production

Thousand tons

7,228.7

6,831.5

397.2

5.8

Coal processing:          
ROM coal processing

Thousand tons

5,401.5

4,686.7

714.8

15.3

Coal concentrate production

Thousand tons

3,356.7

2,785.2

571.5

20.5

Electricity generation (net output)

Million kWh

9,803.3

11,009.2

-1,205.9

-10.9

including DTEK RENEWABLES

Million kWh

184.5

194.7

-10.2

-5.2

Electricity transmission by networks*

Million kWh

12,126.1

12,185.4

-59.3

-0.5

Electricity exports

Million kWh

1,146.0

844.0

302.0

35.8

Coal exports**

Thousand tons

280.7

263.1

17.6

6.7

Coal imports

Thousand tons

0

404.1

-404.1

Natural gas production

Million cubic meters

381.1

258.0

123.1

47.7

Gas condensate production

Thousand tons

12.5

9.3

3.2

34.4

*Excluding Krymenergo due to lack of operational control.

**Including trading operations outside Ukraine. (DTEK/Ukrainian metal)

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