Energoatom to plan repairs to nuclear reactors for four years ahead

13.10.2017 - 09:26 #Ukraine, #Strategy, #Nuclear Energy
It will give an opportunity to forecast how much the company will generate electricity in 2019 and 2020

Minister of Energy and Coal Industry Ihor Nasalyk has announced that his ministry and National Nuclear Energy Company Energoatom have extended the timeframe for planning repair campaigns at nuclear reactors from one year to four years.

We've managed to drop a one-year program. We've drawn up a four-year 'repair site' program, which gives us an opportunity today to forecast how much the company will generate electricity in 2019 and 2020," he said at a meeting of the National Commission for Energy, Housing and Utilities Services Regulation (NCER) in Kyiv on Thursday, October 12.

The meeting addressed the planning of Energoatom's power rates for 2018.

Nasalyk also announced Energoatom managed to reduce the number of nuclear events by 71.5% in January-September 2017.

Repair schedules along with a halt to the power units' work at the Ukrainian nuclear power plants have a big impact on the share of nuclear power generation in the total balance of electricity output. The price of electricity generated by the nuclear power plants is the lowest, and an increase in its output helps reduce the wholesale market price of electricity. Therefore, the schedule of repair campaigns at the nuclear power plants is important for price formation on the market and electricity output forecasts.

Source: UNIAN

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