Thermal Power Plants 4M06 Output Grows 12% yoy.
2 June 2008
Thermal generation companies increased their electricity output by 11.9% yoy. The output leaders were Centrenergo and Vostokenergo:
Centrenergo 19.5%
Vostokenergo 15.5%
Zakhidnenergo 10.0%
Dniproenergo 8.3%
Donbassenergo 2.0%
Total electricity output increased by 2.0% in Ukraine.
Concorde Capital: The increase of the load for GenCos’ stems from the cold winter this year and deficit of changeable capacities in Ukraine: thermal power plants are the main suppliers of changeable capacities. The sharp increase of CEEN output is mainly due to its poor performance a year ago (for 4m05, 8.9% decrease yoy). The weak increase in DOEN’s output is connected to the 30% decrease of output at Slaviansk TPP in April (this power plant was closed for repairs on April 20).
