NON-FINANCIAL REPORT 2019
Message from our representative
Energoatom’s investment projects shall ensure
safe and reliable operation of NPPs, extend the
service life of power units, and create conditions
to ensure the nation’s energy independence.
The Company is implementing 12 key investment
projects with the estimated value of
UAH 165 billion. In addition, Energoatom allocates
€600 million of EBRD and Euratom loans to
the Complex (Consolidated) Safety Upgrade
Programme of Power Units of Ukrainian NPPs.
In 2019, the Company continued the
implementation of a strategically important
project, Construction of Central Spent Fuel
Storage Facility. During the reporting period,
we completed a significant scope of works.
Overseas Private Investment Corporation highly
appreciated the progress and pace of the Facility’s
The Complex (Consolidated) Safety Upgrade
Programme of Power Units of Ukrainian NPPs is
one of the most important investment projects.
By 1 January 2020, 929 out of 1,295 measures had
Energoatom continued to build a modern
radioactive waste management system at NPPs,
which is a prerequisite for extension of the
service life of power units. Complex lines for
solid radioactive waste treatment are already in
place at Rivne NPP and Zaporizhzhya NPP. In
2019, Energoatom bought core equipment for
the complex lines at Khmelnytska NPP to be built
by 2022. Design works are underway at South-
Cooperation of Energoatom with international
financial institutions and leading global
companies contributes greatly to attracting
investments and receiving R&D, technical and
financial assistance. Thus European Investment
Bank added the project for completion of Tashlyk
Hydroelectric Pumped Storage Power Plant to
its credit portfolio in 2019. International experts
began project evaluation.
It should be noted that since July 1, 2019, when
Ukraine launched the new model of the electricity
market, Energoatom has been facing another
challenge — insufficient financing for development
programmes and new build.