Project "Construction of Kanivska HPP"


The purpose of the project:

Capacity building

Key spending unit
Ministry of Energy of Ukraine
Functional classification of expenditures and budget crediting
0433 - Електроенергетична галузь
Target priority of the government
010300 - Інтеграція енергостстем України та Європи (зокрема на збільшення фізичних можливостей з експорту/імпорту електроенергії з країн ЄС)
Score
5.313

Basic data

Detailed description of the project

Construction and commissioning of new highly maneuverable generating capacities of the Kanivskaya HPP and planning of measures for the commissioning of an additional 1,000 MW of generating capacities in order to ensure the stability of the unified energy system of Ukraine, reduce dependence on the import of fossil fuels, and reduce greenhouse gas emissions.< /p>

According to the purpose of the program, this project is aimed at ensuring the energy security of the state through the effective development of hydropower with the maximum use of economically effective hydropower potential, improving the management of hydropower facilities, increasing their safety level, increasing the regulatory maneuvering capacity of hydroelectric power plants and hydroelectric storage power plants to increase stability and reliability of the unified energy system of Ukraine and its integration into the European energy system, reducing the consumption of organic fuel resources and man-made load on the natural environment.

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Problems

Current status, description of problems and needs for their solution
Ensuring the balance reliability of the UES of Ukraine, taking into account the acute shortage of maneuvering capacities and the lack of quick-acting reserves (according to the analysis and conclusions of the system operator). The solution to this problem is solved by the construction and commissioning of 1000 MW of shunting storage capacities.
A detailed description of the project goal and the way to achieve it
The goal of the project is the construction and commissioning of new highly maneuverable generating capacities of the GANP, which, in turn, will contribute to solving the problem of the shortage of maneuverable capacities in the UES of Ukraine, including in view of the prospective growth in demand for electric energy, a sharp increase in the capacity of facilities that use renewable energy sources, in particular, solar and wind power plants, and ambitious plans for their further development, determined by government decisions.

Coordination of the project with strategic documents

Sphere development strategies
1. Decree of the Cabinet of Ministers of Ukraine dated April 21, 2023 No. 373-r; "On the approval of the Energy Strategy of Ukraine for the period up to 2050"; Decree of the CMU of July 13, 2016 No. 552-r "Hydropower Development Program for the Period Until 2026."

Involved organizations

Organization
MINISTRY OF ENERGY OF UKRAINE
Roles
  • Project author
  • An initiator
EDRPOU code
37552996
Organization
PRIVATE JOINT STOCK COMPANY "UKRHIDROENERGO"
Roles
  • A balance holder
  • An executor
  • Beneficiary
EDRPOU code
20588716

Demand for the service and its dynamics

Category
Year
Rating
Measure

Project indicators

Indicator
Base value
Target value
Number of employees of the institution/organization
236
236
Other
2000
2000
Other
4
4

Risk assessment

Risk
Category
Degree
Probability
Strategy
Risks of failure to ensure the efficient operation of the gas station in the electricity market
Market risk
Minor
Low
Avoidance
Risks of financing the Project and return on investment
Financial risk
Minor
Low
Reduction
The risk associated with changes in the exchange rate of the national currency and the currency of the loan
Economical risk
Considerable
Medium
Avoidance
Risks related to the technical and technological aspects of the Project implementation
Technical risk
Minor
Low
Reduction
The risk associated with the recognition of the results of the assessment of the Project's impact on the environment
Ecological risk
Minor
Low
Avoidance

Project plan

Feasibility study
Technical design
514 days
337 days

Documents

Name
Date
Appendix 8_ 2024_08_19_information on the Kanivska HPP concept_.docx
Common document
22.08.2024
09:43:40 UTC

Gallery

DREAM Code

DREAM-UA-220824-B3C6E6DA

Status

Active

Create date

22.08.2024

Estimated budget

42'762'927'000

Project creator

MINISTRY OF ENERGY OF UKRAINE

Initiator

MINISTRY OF ENERGY OF UKRAINE

Implementer

PRIVATE JOINT STOCK COMPANY "UKRHIDROENERGO"

Project implementation period

01.26 - 01.36

Geography

Buchak

Classification of sectors of economic activity according to the taxonomy of the World Bank

LH - Renewable Energy Hydro