NON-FINANCIAL REPORT 2018
Significantly, Energoatom became the first Ukrainian power generating company to conduct a transboundary environmental impact assessment in accordance with the requirements of the Espoo Convention. Therefore, our environmental efforts won international recognition: we were pleased to see the Company in the top five of the Top Green Power Generators: Carbon- Free Generation Capacity rankings. This confirms the alignment of Energoatom’s operations with global environmental aspirations and United Nations Sustainable Development Goals.
With the commissioning of complex lines for radioactive waste treatment at Zaporizhzhya NPP, we started a new era of the radioactive waste management in 2018. The new technology involves a complete cycle, from the waste build-up to deep treatment and production of the final product suitable for final storage or burial.
Energoatom demonstrates its willingness to harmonise its operations with the expectations of communities, adheres to the principles of transparency and accountability, and openly informs about the company’s performance, as well as socioeconomic and environmental impact on the society. In 2018, this was proven with the first place taken by our Company in the transparency index among state-owned enterprises of Ukraine and the third rank among enterprises of all forms of ownership. We are happy to share our practices and are ready to discuss urgent issues. In November 2018, Energoatom became a general partner of the 9th International Forum of Energy for Sustainable Development organised in Kyiv with the support of the United Nations Development Program.
We are grateful to everyone who supported our struggle to implement one of the most ambitious projects of the independent Ukraine, the construction of the Central Spent Fuel Storage Facility. The results of the joint efforts have already given us cause for optimism: the construction readiness was over 72% in early 2019. The storage facility will be commissioned in 2020. Coupled with a successful diversification of nuclear fuel supplies, this will ultimately eliminate the dependence of our nuclear power industry on the Russian Federation.
Ukrainian nuclear power engineers look into global trends, as we know well that nuclear power generation should become a powerful tool to develop a carbon-free energy sector. Recent studies by the Nuclear Energy Agency of the Organisation for Economic Cooperation and Development (OECD/NEA) show the need to preserve nuclear power plants, as they are reliable, cost-effective and environmentally friendly sources of future energy.
We are convinced that the strong nuclear power sector will help Ukraine meet the Paris Agreement commitments to stop global warming by reducing carbon dioxide emissions. Over the entire period of their operations, Ukrainian NPPs prevented CO2 emissions of 2.7 billion tonnes. If nuclear power plants would stopped in Ukraine, additional annual emissions would be 70 million tonnes of carbon dioxide.
Effective cooperation with all stakeholders, maximum transparency in strategic decisions, and absolute responsibility towards the society and employees will enable Energoatom to continue to drive Ukraine’s social and economic growth by generating safe energy for sustainable development.
President of SE NNEGC Energoatom
GENERATING ENERGY FOR SUSTAINABLE DEVELOPMENT