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13:39 PM Monday, November 20, 2017
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UBJ AM July 28, 2017
Nuclear power plants more profitable; French energy giant to enter gas trade; Solar power plants win ‘green’ tariffs good for 14 years
image/svg+xml Kyiv Lutsk Rivne Zhytomyr Lviv Ternopil Khmelnytskyi Uzhgorod Chernivtsi Vinnytsia Chernigiv Sumy Kharkiv Poltava Cherkasy Kirovohrad Lugansk Dnipropetrovsk Donetsk Zaporizhzhia Mykolaiv Odesa Kherson Simferopol Sevastopol Ivano- Frankivsk

• State-owned power company Energoatom saw a 45.7% increase in net profits between in the first half of 2017, compared to the same period last year. Energoatom operates Ukraine’s four nuclear power plants.

• A Ukraine unit of French energy giant Engie will be allowed to trade and supply natural gas in Ukraine, according to a license from the National Commission for Energy and Utilities.

• Solar power plants owned by Trifanovka Energy and LLC Dymerskaya Solnechnaya have been granted a special “green” tariff rate of $0.15 per 1 kWh of electricity produced. This is remain unchanged through January 1, 2030.

• Infrastructure Minister Volodymyr Omelyan says Ukraine International Airlines owes Ukraine’s government $15.3 million. He advises the airline to pay it.

• Expanding to Ukraine’s regional cities, Uber has started its mobile taxi hailing service in Zaporizhzhya and plans to open in neighboring Kryviy Rih and Mykolaiv. The American company is opening a regional office in Kyiv, which will oversee company operations in Belarus, Azerbaijan, Ukraine, Kazakhstan, and will be staffed by 50 people, according to Alexei Stakh, Uber’s CIS general manager.

• Russian officials blame Ukrainian intelligence agents for the peninsula’s weak tourism season this summer. They say the spies recruiti locals for nefarious purposes, Newsweek reports.

• Ukraine asked a U.S. federal court Tuesday to dismiss Russian energy company Tatneft’s suit to enforce a $112 million award it won following the forced takeover of Ukraine’s largest refinery, according to Law360.

• Agriculture giant Astarta reports an 8% increase in the volume of sugar sales, to 81,174 tons, in Q2 of 2017, compared to the same period last year.


For comments or story tips, please email UBJ AM News Reporter Mark Satter at marksatter@theubj.com

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