An increase in demand for domestic coal is the result of a new strategy designed by the Ministry of Coal and Energy Industry to achieve energy independence by expanding the domestic production of high-volatile steam coal.
DTEK’s TPPs are the main consumers of the coal mined by state-run companies Lvivvuhillia and Volynvuhillia. The amount of coal bought from the mines depends on the national energy balance and the demand for electricity produced by Zakhidenergo TPPs. Since the start of the year, DTEK has bought around 439 ths tonnes of coal from the the Lviv-Volyn coal mines.
“Domestic coal has always been DTEK Energy’s priority. Both in terms of developing own coal production and purchasing coal from the state-run mines. It is very important to support the state mines because the production cost of their coal is among the highest in the country”, Vitalii Butenko, Commercial Director of DTEK Energy, said. “Based on the 2017 half-year results, DTEK has purchased 80% of the coal produced by Lvivvuhillia and Volynvuhillia.”
Let us remind that the price at which DTEK buys coal from the Lviv and Volyn mines has grown by 10% to UAH 2,200 per tonne.