Energoatom to establish a national network of electric charging stations

Yesterday, September 27, 2022, the Cabinet of Ministers of Ukraine adopted the ordinance "On the establishment of a network of high-speed vehicle electric charging stations by SE "NNEGC "Energoatom".

According to the document, Energoatom has been determined as the customer for the creation of such a network.

While commenting on the adopted government decision, President of «NNEGC «Energoatom» Petro Kotin emphasized that the Company has significant capabilities for the production of affordable and clean electricity, which can be supplied to new segments of the domestic market, to meet the growing needs of domestic motor carriers for affordable electricity as well as fast and convenient charging of electric vehicles anywhere in Ukraine. For Energoatom, this also means an entry into the retail market of electricity sales, which will significantly increase the Company's capitalization.

The project to establish a national network envisages the construction of 120 vehicle electric charging stations within two years: 40 – high capacity (160+ KW) and 80 – medium capacity (60+ KW) in regional centers and on the main highways of the country.

As a reminder, in June 2022, SE «NNEGC «Energoatom» and JSB Ukrgasbank signed a Memorandum of Partnership and Cooperation, agreeing to start the joint implementation of the project to create a national network of electric charging stations using the financial capabilities of Ukrgasbank and the production and technical potential of Energoatom as the largest power producer in the country.