Energy

Thursday, April 6

Due to war, it is difficult for the state to fully pay for the electricity produced by renewable energy sources.

Due to war, it is difficult for the state to fully pay for the electricity produced by renewable energy sources. The payments from the state-owned enterprise Guaranteed Buyer for electricity produced in Ukraine from renewable energy sources (RES) has continued to decrease, and in March decreased to 49.9%. As the...

Monday, April 3

Ukraine can produce up to eight billion cubic meters of biomethane per year.

Ukraine can produce up to eight billion cubic meters of biomethane per year. Ukraine has significant opportunity to develop its biofuel market potential because of its developed agricultural sector, an extensive network of main and distribution gas pipelines, and common border...

Ukraine has developed a concept to support distributed green generation.

Ukraine has developed a concept to support distributed green generation. The Ministry of Energy has developed and will soon publish its concept of the state target program to support distributed generation from renewable energy sources (RES). The program’s purpose is...

Thursday, March 30

Ukraine can become a European hub of sustainable energy,

Ukraine can become a European hub of sustainable energy, said Deputy Energy Minister of Ukraine Yaroslav Demchenkov at the Berlin Energy Transition Dialogue 2023. He emphasized that despite damage to 50% of the energy system’s generation and transport asset...

Ukrnafta plans to attract foreign partners to increase mineral extraction.

Ukrnafta plans to attract foreign partners to increase mineral extraction. The state company wants to increase oil production to 1.45 million tons and gas production to 1.04 billion cubic meters this year. It is noted that the company can provide 80% of this increase from ex...

Wednesday, March 29

The Global Wind Energy Council predicts a breakthrough for the industry in 2023.

The Global Wind Energy Council predicts a breakthrough for the industry in 2023. Wind energy this year will reach a historic milestone with one TW of installed capacity worldwide, the Global Wind Energy Council said in its annual report. It is noted that 2023 will be the beginning...

Friday, March 24

Naftogaz Ukraine provided creditors with a working scenario for debt restructuring.

Naftogaz Ukraine provided creditors with a working scenario for debt restructuring. During an online meeting with investors, the company proposed a working plan for resolving the situation with 2022 and 2026 Eurobonds. Naftogaz and financial advisor Lazard Frères SAS are currently pr...

Wednesday, March 22

Europe more than doubled its purchase of liquefied gas from the US.

Europe more than doubled its purchase of liquefied gas from the US. Last year, the export of American liquefied natural gas to Europe increased to 117.4 million cubic meters, almost 2.5 times more than the previous year (47.8 million cubic meters). As noted by the Whi...

Russian diesel products can still enter Ukraine.

Russian diesel products can still enter Ukraine. According to Forbes, Ukraine imported 70% of its oil products before the war. In 2021, 42% of diesel fuel was imported from Belarus and another 30% from Russia. Since the war, direct deliveries from t...

Rolls-Royce will build a power plant in Ukraine.

Rolls-Royce will build a power plant in Ukraine. On March 20, state company Energoatom signed a memorandum of understanding with Rolls-Royce to explore opportunities for the future deployment of small modular reactors (SMRs). In addition, Rolls-Royc...

Friday, March 17

Ukraine will start producing nuclear fuel in three years.

Ukraine will start producing nuclear fuel in three years. Ukraine is working on making its nuclear energy fuel, and in three years it plans to provide half of the needs of its domestic nuclear power plants with this fuel, said Petro Kotin, president of Energ...

Thursday, March 16

The G7 will review the EU’s proposal for a Russian oil price limit of $51.5 per barrel.

The G7 will review the EU’s proposal for a Russian oil price limit of $51.5 per barrel. In March, the Big Seven countries and the EU will review the price threshold for Russian oil set in December. According to Bloomberg, representatives of Poland, Lithuania, and Latvia propose to reduce...

Poland aspires to extract gas together with Ukraine.

Poland aspires to extract gas together with Ukraine. In general, Poland is ready to develop energy cooperation with Ukraine in several directions – gas production in the western part of Ukraine and the creation of the Rzeszów-Khmelnytska NPP energ...

Wednesday, March 15

A new, plentiful gas well will produce 340,000 cubic meters of gas per day.

A new, plentiful gas well will produce 340,000 cubic meters of gas per day. The largest state gas production company, Ukrgazvydobuvannya, drilled a new evaluation and exploitation well with a depth of 5,950 meters, which is capable of producing 340,000 cubic meters of natural...

Tuesday, March 14

Ukrainian gas production decreases by 5%.

Ukrainian gas production decreases by 5%. Daily commercial natural gas production by the state company Ukrgazvydobuvannya in January and February 2023 amounted to 34.2 million and 34.5 million cubic meters, respectively, 5% less than in Janua...

Ukraine will build 10 biomethane production plants in two years.

Ukraine will build 10 biomethane production plants in two years. With the support of the European Investment Bank, plans have been made to build five plants to produce biomethane by the end of 2023, and the same number in 2024, said the head of the Parliamentary Co...

Monday, March 13

The EU aims to reduce energy consumption by 2030.

The EU aims to reduce energy consumption by 2030. EU leadership reached a political agreement on a sharp reduction in energy consumption, and by 2030 it should be 11.7% less than had been previously planned, according to the Council of the EU. The fi...

Friday, March 10

Ukraine will participate in joint EU gas purchases.

Ukraine will participate in joint EU gas purchases. “The EU has integrated Ukraine into the common gas purchase platform to help provide two billion cubic meters of additional gas,” said European energy commissioner Kadri Simson. The EU countries...

Thursday, March 9

Western mass media states Ukraine’s involvement in the Nord Stream explosions.

Western mass media states Ukraine’s involvement in the Nord Stream explosions. The Times says that Western intelligence has long known the name of a Ukrainian – the private sponsor who allegedly financed the sabotage of the Russian Nord Stream 1 and Nord Stream 2 pipelines...

Wednesday, March 8

The US supports the Russian oil price ceiling, the Kremlin considers the restrictions quite “loose”, and Estonia calls for the ceiling to be halved.

The US supports the Russian oil price ceiling, the Kremlin considers the restrictions quite “loose”, and Estonia calls for the ceiling to be halved. Price restrictions imposed by the G7 countries and their allies to force Russia to sell its oil and petroleum products at a discount are working well, according to Amos Hochstein, the US presidentR...

Tuesday, March 7

The Russian occupiers are working on withdrawing from the Zaporizhzhia NPP.

The Russian occupiers are working on withdrawing from the Zaporizhzhia NPP. According to the state company Energoatom, the so-called “experts of the atomic industry” from Russia have arrived at the ZNPP. They began to compile lists of equipment that “must be...

Monday, March 6

For the first time in 1.5 years, gas in Europe costs less than $500.

For the first time in 1.5 years, gas in Europe costs less than $500. The gas price at Europe’s largest TTF hub in the Netherlands fell to €45.4 per MWh (about $481 per thousand cubic meters), the lowest level since August 2021, tradingeconomics data showed. In Fe...

Friday, March 3

Russia is attempting to force the international community to recognize its ownership of the Zaporizhzhia Nuclear Power Plant (ZNPP).

Russia is attempting to force the international community to recognize its ownership of the Zaporizhzhia Nuclear Power Plant (ZNPP). Russian troops also want to use the growing threat to the station to deter the Ukrainian military’s future offensive, say analysts of the ISW. Russia plans to use IAEA personnel at the ZNPP to fulfill...

The shadow fleet for Russian oil is replenished with dozens of tankers every month.

The shadow fleet for Russian oil is replenished with dozens of tankers every month. The number of ships involved amounts to approximately 25-35 every month. According to CNN, approximately 600 tankers (10% of the global market) are generally used to transport Russian oil. Experts div...

Thursday, March 2

The US will supply Ukraine with liquefied natural gas.

The US will supply Ukraine with liquefied natural gas. The Texas company, Sustainable Solutions, has announced two projects to supply liquefied natural gas to Ukraine. According to the company’s general director, Emil Peña, the company has already signed ...

Wednesday, March 1

Seven Ukrainian nuclear power plant power units now operate on Westinghouse fuel.

Seven Ukrainian nuclear power plant power units now operate on Westinghouse fuel. According to plan, all 15 power units should transition to this fuel by 2024. According to the state company Energoatom, Ukraine’s nuclear power industry will gain absolute independence from the Russi...

Ukraine submits its application to the governing body of the IAEA.

Ukraine submits its application to the governing body of the IAEA. Ukraine has submitted its candidacy to the board of directors of the International Atomic Energy Agency (IAEA) for 2023-2025, the Ministry of Energy reported. The Board of Directors is the executive b...

Monday, February 27

Poland wants to build a high-voltage electrical line between the Rivne NPP and Chelm to import electricity.

Poland wants to build a high-voltage electrical line between the Rivne NPP and Chelm to import electricity. The Polish energy company, Orlen Synthos Green Energy, has initiated a project to build a high-voltage line between the Rivne NPP and the city of Chelm in Poland to import Ukrainian electricity, write...

Friday, February 24

The EU saved €12B due to the rejection of Russian gas.

The EU saved €12B due to the rejection of Russian gas. According to research by Ember Climate, a non-profit think tank, wind and solar power plants in the EU have produced a record amount of electricity since the start of the war in Ukraine. Specifically,...

Thursday, February 23

The Druzhba pipeline will supply Germany with Kazakh oil instead of Russian.

The Druzhba pipeline will supply Germany with Kazakh oil instead of Russian. Kazakhstan will send their first batch of oil through the Russian Druzhba oil pipeline to Germany as soon as possible, said the Minister of Energy of Kazakhstan, Bolat Akchulakov. Kazakhstan’s r...

The transit of Russian gas through Ukraine has reached last year’s figures.

The transit of Russian gas through Ukraine has reached last year’s figures. On February 22, Russia’s Gazprom increased gas transit by 4%, to 42.1 million cubic meters, to Europe through Ukraine utilizing the Suja gas measuring station, according to the Operator of GTS o...

Tuesday, February 21

Ukraine’s oil and gas giant suffered $1B in war losses but plans to increase production.

Ukraine’s oil and gas giant suffered $1B in war losses but plans to increase production. Naftogaz of Ukraine’s losses from Russian shelling during the war amount to more than $1B. Most of the destruction took place in the Kharkiv region, said the company’s head, Oleksiy Chernyshov. ...

Friday, February 17

The EU has decided to increase electricity exports to Ukraine.

The EU has decided to increase electricity exports to Ukraine. On February 14, European energy system ENTSO-E operators agreed to increase the throughput capacity for electricity supply to Ukraine. From now on, as Ukrenergo noted, the technical possibility of imp...

Ukrainians prefer cars with environmentally friendly engines.

Ukrainians prefer cars with environmentally friendly engines. Last month, the number of newly registered vehicles with traditional engines decreased in Ukraine. According to Ukravtoprom, in January 2023 most cars registered for the first time in Ukraine were equ...

Tuesday, February 14

The energy crisis triggered by Russia has cost Europe €800B.

The energy crisis triggered by Russia has cost Europe €800B. The costs incurred by European countries to help households and companies due to the sharp increase in energy prices have increased to almost €800B, according to data from the Bruegel analytical cente...

Friday, February 10

Ukrainian nuclear power plants will operate using Canadian uranium.

Ukrainian nuclear power plants will operate using Canadian uranium. State company Energoatom will sign a long-term contract with the Canadian company Cameco Corp. to supply uranium hexafluoride to produce nuclear fuel for Ukrainian nuclear power plants. The parties ha...

Thursday, February 9

Russian gas transit through Ukraine to Europe increased by 5%.

Russian gas transit through Ukraine to Europe increased by 5%. According to the GTS Operator of Ukraine, Gazprom’s application for gas transit on February 8 amounted to 30.8 million cubic meters, compared to 29.4 million cubic meters a day earlier. At the s...

Russia increased oil exports from Black Sea ports to the EU by 25%.

Russia increased oil exports from Black Sea ports to the EU by 25%. The export of crude oil to the EU countries from Russian ports in the Black Sea in January 2023 showed an increase compared to the previous month by 25% – up to 1.27 million tons, despite the oi...

Wednesday, February 8

Ukraine pumps European gas to storage facilities through Moldova.

Ukraine pumps European gas to storage facilities through Moldova. Ukrainian traders have begun to use the a virtual reverse procedure on the border with Moldova. They transport gas from EU countries through Moldova and then pump it into Ukrainian storage facilities,...

About 20 mini-power plants are already being built in Ukraine.

About 20 mini-power plants are already being built in Ukraine. According to the head of the Ukrainian Parliament Committee on Energy, Andrii Gerus, construction is taking place in various regions of Ukraine: in the Kyiv, Sumy, Poltava, Chernihiv, Vinnytsia, and ...

Monday, February 6

Ukraine is ready to ensure the transit and storage of natural gas from the Caspian Sea to the EU,

Ukraine is ready to ensure the transit and storage of natural gas from the Caspian Sea to the EU, said Deputy Minister of Energy of Ukraine Mykola Kolisnyk during the Ninth ministerial meeting of the Consultative Council of the Southern Gas Corridor in Baku, Azerbaijan. During the event, the parti...

Ukraine will begin producing 500 MW of green energy and increase the import of electricity.

Ukraine will begin producing 500 MW of green energy and increase the import of electricity. In 2023, Ukraine intends to put into operation 500 MW of new power generation capacities from renewable sources, as well as to increase the import of electricity from Europe to 2,000 MW, as detailed ...

Friday, February 3

Ukrainian energy companies manage to provide 80% of Ukraine’s electricity needs.

Ukrainian energy companies manage to provide 80% of Ukraine’s electricity needs. As of February 2, Ukraine’s power system generating capacity is sufficient to cover about 80% of consumers’ electricity needs. The loss of generation capacity in the aftermath of the Russian mis...

Wednesday, February 1

Energy companies were obliged to pay debts to the owners of domestic SPPs in Ukraine.

Energy companies were obliged to pay debts to the owners of domestic SPPs in Ukraine. The National Commission for Regulation of the Energy Market obliged state company Ukrenergo to pay their debts to the owners of domestic solar power plants. In particular, the commission canceled the ...

Tuesday, January 31

A global oil and gas giant predicts a quick transition to clean energy against the backdrop of Russia’s war against Ukraine.

A global oil and gas giant predicts a quick transition to clean energy against the backdrop of Russia’s war against Ukraine. According to the multinational oil and gas company BP, Russia’s war against Ukraine will put pressure on long-term energy demand and accelerate the world’s transition to RES and low-carbon...

Monday, January 30

Poland opens an energy hub to provide emergency aid to Ukraine.

Poland opens an energy hub to provide emergency aid to Ukraine. Poland’s new rescEU energy hub will act as a logistics center for supplying emergency energy aid to Ukraine. EU Commissioner for Crisis Management Janez Lenarchych believes that the hub will hel...

Friday, January 27

Turkish floating thermal power plants will help Ukraine to overcome its electricity deficit.

Turkish floating thermal power plants will help Ukraine to overcome its electricity deficit. The Energy Company of Ukraine (ECU) signed a memorandum of cooperation with Turkish Karpowership for the use of floating thermal power plants with a capacity of 500 MW. Karpowership’s statement ...

Thursday, January 26

Ukraine asks for an increase in European electricity imports.

Ukraine asks for an increase in European electricity imports. The Minister of Energy of Ukraine, Herman Galushchenko, held a meeting of the International High-Level Advisory Council on Energy Security in Ukraine. Ukraine Prime Minister Denys Shmyhal, European En...

Tuesday, January 24

The Ukrainian gas pipeline will be upgraded to optimize the operation of the gas storage facility involved in global supplies and foreign gas storage.

The Ukrainian gas pipeline will be upgraded to optimize the operation of the gas storage facility involved in global supplies and foreign gas storage. The state gas company explained that the improved gas pipeline will maximize the efficiency of the nearby underground gas storage, which is directly involved in global fuel supplies and foreign trader...

Ukrainian entrepreneurs are importing 200-300 MW of electricity per hour.

Ukrainian entrepreneurs are importing 200-300 MW of electricity per hour. On January 21, Ukrainian industrial enterprises started importing electricity in the amount of 200-300 MW per hour, with a total national consumption of 12,000 MW per hour, said the chairman of the pa...

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