Supported byClarion Energy
HomeElectricityHungary as biggest...

Hungary as biggest Ukraine’s electricity importer

According to the State Customs Service, in the first eight months of this year electricity was exported to Hungary for 92.2 million dollars, Poland for 56.6 million dollars, Romania for 35.8 million dollars and other countries for 11.7 million dollars. In January-August 2020 Ukraine reduced electricity export revenues by 18.3 % or by 43.8 million dollars compared to the same period in 2019, to 196.3 million dollars.

As reported, in 2019 Ukraine increased its electricity export revenue by 14.1 % or by 46.8 million euros compared to 2018, to 378.8 million dollars, including 231.4 million dollars for electricity exports to Hungary, 84.6 million dollars for exports to Poland, 41.7 million dollars for exports to Moldova and 21.1 million dollars for exports to other countries. In physical terms, in 2019 Ukraine’s electricity exports increased by 4.9 % or by 303.6 million kWh compared to 2018, to 6.469 billion kWh, while electricity imports amounted to 2.698 billion kWh.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation and higher electricity demand increased the region’s reliance on imports, while German power prices moved...

Solar growth in Hungary leaves businesses exposed to imported power costs

Hungary’s rapid increase in solar generation has not eliminated reliance on imported electricity, according to economic research institute GKI. The institute said the outcome leaves companies exposed to higher power costs when domestic renewable output drops. The assessment points...

Hungary stockpiles 4.8 billion cubic metres for a 96-day winter gas buffer

Underground inventories ahead of the heating season Hungary has accumulated more than 4.8 billion cubic metres of natural gas in underground storage facilities, enough to cover approximately 96 days of total winter demand. The Ministry of Economy and Energy says...
Supported byVirtu Energy