Analysts sum up another year of war for the Ukrainian energy sector.

In 2024, Ukraine’s power system lost more than 10 GW of generating capacity as a result of 13 large-scale attacks by the Russian Federation. This is more than half of the peak demand in winter, the Center for Economic Strategy (CES) noted.

Electricity imports increased significantly over the year, while exports were minimal: Total net electricity imports exceeded 4 TWh, 900% more than in 2023. Commercial imports reached 4.4 TWh ($670M), and commercial exports were 88% less than in the previous year – 348 GWh ($81M). In December 2024, Ukraine imported 5,200% more electricity than it sold to other countries.

At the same time, Ukraine entered 2025 with minimal or no power outages for both consumer and commercial consumption. At certain times, Ukraine was even able to export electricity, which helps balance the system and creates additional income for energy companies.