EFFECTIVE
INVESTMENTS

UAH.5
bn
in project financing
US$
m
raised from US-based private investors to finance the construction of the Central Spent Fuel Storage Facility
UAH.34
bn
in total funds approved by the Cabinet of Ministers as costs of completion of power units No.3 and No.4 at Khmelnytska NPP

 
priority investment projects completed
Facilities commissioned:
Training Centre Building G at Zaporizhzhya NPP
Complex lines for radioactive waste treatment at Zaporizhzhya NPP and Rivne NPP
EFFECTIVE INVESTMENTS

INTRODUCTORY
WORD

The nuclear power industry lies at the core of the domestic energy sector. At the same time, it is one of the most capital-intensive industries in the Ukrainian economy. Therefore, stable operation of the nuclear power facilities requires careful planning and proper financing of long-term investment projects. Energoatom successfully implements its investment plans, channelling tens of billions of hryvnias in the construction and modernisation of operating nuclear power facilities. The Company recognises clearly that today’s investments lay strong foundations for the future of Ukraine’s nuclear power industry and the entire domestic energy sector, as well as for people’s welfare and the stable economic growth.

Energoatom invests more every year, placing the biggest emphasis on priority development projects. In 2018, the Company spent UAH 11.5 billion on investment projects, up by UAH 5.5 billion compared with 2017. Last year the project financing was UAH 11.9 billion, up by UAH 5 billion year on year. In total, we commissioned fixed assets totalling UAH 10.1 billion in 2018, up by UAH 5.7 billion compared with 2017.

In 2018, Energoatom implemented 133 actions under the Complex (Consolidated) Safety Upgrade Programme of Power Units of Ukrainian NPPs (with commissioned fixed assets totalling UAH 7.1 billion) and launched three strategic facilities: the Training Centre Building G at Zaporizhzhya NPP and complex lines for radioactive waste treatment at Zaporizhzhya NPP and Rivne NPPs (total fixed assets were UAH 2.1 billion).

In 2019, the Company will continue implementing its strategic projects, with the most important being the construction of Central Spent Fuel Storage Facility and the development of South Ukraine Electricity Power Producing Complex. We also expect to embark on the Ukraine-EU Energy Bridge project, which is key to completing power units No. 3 and No. 4 at Khmelnytska NPP.

NON-FINANCIAL REPORT 2018

In its investment activities, Energoatom cooperates closely with international partners: European agencies, sectoral organisations, financial institutions, and private companies. Their role in improvements of the efficiency and safety at Ukrainian NPPs cannon be overestimated.

Energoatom pursues ambitious goals, and our team makes every effort to ensure the country’s energy independence, support the safe operation of NPPs, and ramp up production in line with environmental requirements. In 2019, we will continue our priority investment projects that will build a solid ground for further development of the nuclear power industry in Ukraine.

Tetiana Amosova,

Director for Investment and Future Growth,
SE NNEGC Energoatom

04
EFFECTIVE INVESTMENTS
GENERATING ENERGY FOR SUSTAINABLE DEVELOPMENT