Ukrainian businesses have begun to develop distributed generation; this provide for their needs and additional capacities for the power system. Ukrainian company Energo-Plus plans to purchase a closed thermal power plant with a capacity of 60 MW in a neighboring country and transport it to Ukraine. The project will cost approximately €50M. Th... #EnergoPlus #EnergyDecentralization #Energyefficiency #EnergyIndependence #StanyshivkaVegetablePlant #ukrainianbusiness #Zhytomyr
What risks does the transit of Azerbaijani gas through Ukraine from the Russian Federation entail? Mykhailo Gonchar, President of the Center for Global Studies Strategy XXI, warned that even after the contract for the transit of Russian gas through Ukraine expires in 2025, there is a risk of contin... #AzerbaijaniGas #GasTransit #RussianGas #UkraineGTS
The resumption of production at the Sakhalin field in Ukraine has increased daily gas production by 1.39 million cubic meters. On August 10, the Ukrnaftoburinnia company resumed natural gas production at the Sakhalin field (Kharkiv region) with 15 billion cubic meters of blue fuel reserves. During the day, the company extract... #GasProductionUkraine #GasUkraine #SakhalinField #Ukrnaftoburinnia
The first offshore wind turbines and geothermal stations should appear in Ukraine in a few years. The Cabinet of Ministers has published the National Renewable Energy Action Plan until 2030, which states that the full-scale Russian invasion has resulted in the loss of about 25% of installed renewa... #energyukraine #GeothermalEnergy #RenewableEnergyUkraine #SolarEnergy #WindEnergyUkraine
Ukraine and Russia will continue to transport fuel despite the fighting in the Kursk region. The application for the transit of Russian gas through the territory of Ukraine on Tuesday increased by 7% compared to the nomination on August 12. The volume of the confirmed nomination through the S... #GasTraders #GasTransit #Kursk #RussianGas #Sudzha #UkraineGTS #WarinUkraine
Ukraine will hold pilot green auctions to attract investors to renewable generation. The Cabinet of Ministers instructed the Ministry of Energy to ensure the organization and conduct of a green auction pilot program to attract investors to renewable generation. The government has adop... #DenysShmyhal #EnergyAuction #energyukraine #RenewableEnergyUkraine #RESinvestments
The share of renewable energy in Ukraine will increase to 27% by 2030, these projects will require $20B in investments. The Cabinet of Ministers approved the National Renewable Energy Action Plan for the period up to 2030 and the planned measures for its implementation. It is anticipated that the share of renewable ene... #energyukraine #GreenENergy #RenewableEnergyUkraine #RESinvestments
European gas traders avoid Ukrainian storage facilities after Russian attacks; Naftogaz states it is operating as usual. This summer, European traders have contracted only a small portion of Ukrainian gas storage capacity following Russian attacks. The FT notes that increased risk and a lack of price incentives have red... #GasstorageUkraine #GasTraders #Naftogaz #UkraineGTS #UndergroundStorageFacilities
The implementation of an investment project in Ukraine to develop hydrogen energy involves attracting about €33B in investment capital. Scientists presented research on the development of investment projects in Ukraine: To achieve the goals of the Development of hydrogen energy in Ukraine project, a total investment of €32.882B will b... #FreightCars #GDPinUkraine #hydrogenEnergy #investments #Titaniumproduction #UkraineEconomy
Ukraine is switching to solar energy: ₴1B in loans have been issued, and solar panels will be installed on all public buildings. Ukrainian banks have already approved issuing loans for the installation of solar power systems in households worth ₴1B ($25M), said Minister of Energy German Galushchenko. The Ministry emphasized tha... #EnergyIndependence #energyukraine #GermanGalushchenko #RESinvestments #SolarEnergy #SolarPanels
Banks have issued ₴4B in loans to restore Ukraine’s energy infrastructure, but medium-sized businesses refuse to construct generation capacity and are preparing for downtime. Since the beginning of June, banks have received 1,356 loan applications for energy infrastructure restoration projects totaling ₴40.1B. The NBU confirmed the approval of applications totaling ₴3.97B ... #AndriiPyshnyi #DTEK #EnergyDecentralization #EnergyRestore #LoansforBusiness #nbu #UkraineEnergy
Russian Gazprom can use the fighting near Sudzha as a reason to stop gas transit; what consequences will this have for the EU and Ukrainian markets? According to Reuters, there is a risk that Gazprom could use the fighting near the Sudzha gas station, through which Russian gas transits through Ukraine to EU countries, as a reason to stop gas suppl... #GasTransit #Gazprom #RussianGas #SerhiyMakogon #Sudzha #UkraineGTS
The Russian Academy of Sciences predicts the collapse of the aggressor state’s oil and gas economy. Russia will have to bid goodbye to its “energy superpower” status. Having lost access to Western technologies and key markets for the sale of raw materials, Russia will not be able to retu... #Gazprom #GDPrussia #HydroCarbonProduction #RussianEconomy #RussianGas #RussianOil
Ukraine will need up to €13B to build a sustainable energy system. Chairman of the Board of Ukrenergo, Volodymyr Kudrytskyi, said that in order to build a power system resistant to possible attacks, Ukraine must build more than 12 GW of capacity in the coming years, ... #ElectricityGeneration #energyukraine #SolarEnergyUkraine #Ukrenergo #VolodymyrKudrytskyi #WindEnergy
The EU increased its imports of liquefied gas from the Russian Federation by 7%. Supplies of Russian liquefied natural gas to Europe in the first half of the year increased by 7% compared to last year, with France increasing its imports the most. French companies imported almost 4... #Belgium #France #LNG #LNGimport #RussianLNG #Spain #TotalEnergies
Businesses account for 80% Ukrainian electricity imports. Ukrenergo notes that a significant electricity deficit is present for most hours of the day, and the import crossing is almost fully loaded with 1650-1700 MW out of the 1700 MW allowed. 80% of this ca... #ElectricityDeficitUkraine #ElectricityImport #ENTSO-E #UkraineEnergy #Ukrenergo
A British oil giant declares the end of Europe’s energy crisis; Azerbaijan is gradually replacing Russia in the gas market. Shell CEO Wael Sawan believes that the energy crisis in Europe is finally over. Savan says that this quarter market prices and volatility are returning to the levels seen before the full-scale Russian... #AustrianOMV #AzerbaijaniGas #EnergyIndependence #Shell #SOCAR
The US and its partners continue to support the reconstruction of the Ukrainian energy industry as winter looms; the import of electricity will cost Ukraine more than $1B. US Ambassador to Ukraine Bridget Brink said that USAID purchased 18 autotransformers for the Ukrainian power grid. The US is also supporting Ukraine’s intention to resume the construction of add... #BridgetBrink #ElectricityImport #EnergyRestore #MykolaKolisnyk #nbu #UkraineEnergy #USAID
This year, gas production in Ukraine may increase by 100-200 million cubic meters. Gross gas production in Ukraine in the first half of the year amounted to 9.4 billion cubic meters, and could grow by 100% by the end of the year. This would be 100-200 million cubic meters more than ... #GasProductionUkraine #GasWell #SmartEnergy #Ukrgazvydobuvannya
Banks have provided ₴3.6B in loans to the energy industry; Japan will help Ukraine build distributed power generation. Since Ukraine’s energy generation capacity restoration programs began, banks have approved loan applications for ₴3.6B. Last week, 20 Ukrainian banks received applications for ₴1.8B under all av... #ElectricityGeneration #EnergyRestore #energyukraine #HeatingSeason #Japan #JICA
Europe continues to import Russian LNG; some countries have started buying more. Europe has struggled to eliminate its dependence on Russian liquefied natural gas. In July, the Russian Federation almost became the region’s largest supplier after a reduction in supplies from ... #Gazprom #LNG #RussianLNG
Ukraine has a plan to resolve the oil transit issue with Slovakia. Ukraine will guarantee the transit of oil from companies that are not subject to sanctions and is ready to settle the transit issue with Slovakia in accordance with the Association Agreement with the ... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #SanctionsAgainstRussia #Slovakia
Belgium allocates €9M for Ukrainian energy infrastructure, and Ukraine plans to build the first underground hydroelectric power station. The Government of Belgium and the United Nations Development Program (UNDP) concluded a €9M financial agreement, which will be directed to repairing Ukraine’s damaged energy infrastructure. Part... #Belgium #EnergyRestore #energyukraine #Ukrhydroenergo #UNDP
Hungary and Slovakia’s position regarding Russian oil transit through Ukraine irritates the EU. In private conversations, EU diplomats have expressed irritation at Hungary and Slovakia’s intentions to use EU procedures to maintain their access to cheap Russian oil, contrary to the blocR... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RobertFico #RussianOil #Slovnaft
The most challenging period for the energy industry is behind it; the EU is considering increasing Ukraine’s imported electricity. According to the Chairman of the Board of Ukrenergo, Volodymyr Kudrytskyi, “We have every reason to expect that the most difficult period of the summer in the energy industry is behind us.”... #ElectricityDeficitUkraine #energyukraine #ENTSO-E #UkraineElectricityImport #Ukrenergo #VolodymyrKudrytskyi
Lukoil is increasing its oil exports by sea due to the ceasing of transit through Ukrainian territory, and Hungary accuses Ukraine of blackmail. The largest Russian private oil company, Lukoil, has increased oil exports through the country’s seaports, as supplies through the Druzhba pipeline to Slovakia and Hungary are currently suspende... #DruzhbaPipeline #GazpromNeft #Hungary #LukOil #OilTransit #Rosneft #SanctionsAgainstRussia
The Ministry of Energy is rushing to restore energy production capacity. The Ukrainian campaign to repair power units in 2024 will be larger than last year, Minister of Energy German Galushchenko said. “Last year, we restored 3.3 GW of destroyed generation. This year... #ElectricityDeficitUkraine #ElectricityGeneration #EnergyRestore #energyukraine #GermanGalushchenko #UkraineEnergyLosses
Hungary is blackmailing Ukraine by blocking €6.5B in military aid due to the cessation of Russian oil transit to the EU. Hungary will block the €6.5B military aid financing program for Ukraine under the European Peace Fund until Ukraine resumes supplies of Russian oil to Hungary, Hungarian Foreign Minister Peter Szijjár... #EuropeanPeaceFund #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #Slovakia
DTEK names four critical factors for getting through the winter and its plans to restore up to 70% of Ukraine’s damaged generation capacity. To get through the next winter, it is necessary to have sufficient air defenses, restore a significant amount of generation, increase electricity import capacity (from 1.7 GW to 2.2 GW or even 2.7 GW)... #AirDefenseSystems #DmytroSakharuk #DTEK #EnergyRestore #HeatingSeasonUkraine #UkraineEnergy #UkraineEnergyLosses
The EIB will approve a €250M support package for Ukraine’s energy sector and allocate another €200M to modernize its public transport. The government of Ukraine and the EIB are working diligently to prepare new agreements for a €250M support package. “The EIB systematically supports Ukraine in priority area and continues to wor... #EIB #EnergyRestore #energyukraine #InvestmentsinUkraine #KyivPublicTransport #SerhiyMarchenko
Kuleba tells the EU ministers the five steps for urgent assistance to Ukraine’s energy sector. During a meeting of the Council of Foreign Ministers of the EU, Minister of Foreign Affairs Dmytro Kuleba called on Ukraine’s partners to intensify the protection and restoration of the country&... #DmytroKuleba #EnergyRestore #energyukraine #RussianMilitaryTargets #UkraineRecovery
Ukraine has accumulated 10 billion cubic meters of gas to get through the winter season; Russian strikes will not affect the injection rate. More than 10 billion cubic meters of gas have already been stored in Ukrainian underground storage facilities in preparation for the heating season. This pace of gas accumulation makes it possible to ... #GasstorageUkraine #HeatingSeasonUkraine #Naftogaz #Naturalgas #OleksiyChernyshov #UkraineEnergy
Slovakia threatens to suspend the supply of petroleum products to Ukraine over sanctions against Russian Lukoil. Slovak Prime Minister Robert Fico spoke over the telephone with his Ukrainian counterpart Denys Shmyhal, during which he criticized the inclusion of the Russian company Lukoil, whose oil is also used ... #DenysShmyhal #LukOil #MOL #RobertFico #SanctionsAgainstRussia #Slovnaft
A large fertilizer producer has built its own 30 MW power generation plant and loaded production at 100%. Rivneazot has completed the construction of its electricity generation facility, and 100% loading of production capacities has been achieved. The enterprise can now produce up to 30 MW/h of electricit... #CherkasyAzot #ElectricityGeneration #Fertilizer #FertilizerProductionUkraine #Rivneazot #UkraineEconomy
The EU will provide Ukrenergo a €100M grant for the energy system’s restoration and protection. State energy company Ukrenergo and the German State Development Bank KfW in Ukraine signed a €100M grant agreement. It is noted that the EC authorized KfW to direct the funds from the special EU budge... #EnergyRestore #energyukraine #KfW #UkraineInvestmentFacility #Ukrenergo
The world’s energy consumption from all sources is increasing. The Energy Institute (EI) has released its annual World Energy Statistical Review, which for the first time presents comprehensive global energy data for 2023. The analysis showed that: Total primary ... #ElectricityConsumption #FossilFuels #GreenENergy #LNG #Naturalgas
The EBRD provides €200M to strengthen Ukraine’s energy security and will help increase the number of Ukrainian projects that are ready to attract foreign investment. €200M from EBRD will support Naftogaz of Ukraine in creating strategic reserves of natural gas and supporting energy security. The corresponding guarantee agreement was signed by the Minister of Finan... #ArvidTuerkner #ebrd #EnergyIndependence #InvestmentsinUkraine #Naftogaz #SerhiyMarchenko #UkraineFacility
The largest shopping mall in Ukraine and Eastern Europe switches to imported electricity to stabilize its operations. Against the background of the difficult situation with the country’s energy system, the Respublika Park shopping center switched to using imported electricity. Earlier, the Gulliver shopping cen... #ATBmarket #ElectricityDeficitUkraine #ElectricityImports #Gulliver #RespublikaPark #retailUkraine
Ukrainians will have to live with blackouts for a long time: there is a lack of time and money to restore generation. The Economist notes the difficult situation: “There is too little time left and too few billions of dollars needed to install several hundred small power plants, restore bombed-out facilities, o... #ElectricityDeficitUkraine #EnergyRestore #energyukraine #UkraineBlackout #UkraineEnergyLosses #Ukrhydroenergo
Ukraine has increased gas production to a record level; there will be enough fuel in storage for new gas generation. In six months, state company Ukrgazvydobuvannya set another record for gas production with 6.9 billion cubic meters of commercial gas, which is 8.8% more than in the same period last year. According t... #GasGenerationPlant #GasProductionUkraine #Naftogaz #OleksiyChernyshov #Ukrgazvydobuvannya #Ukrnafta
The construction of one GW of power generation will cost $700M, and Ukraine needs to attract international financing for energy projects. “Investment projects for the construction of one GW of electricity will cost from $700M using gas piston or gas turbine technologies and up to $1.5M for, for example, wind power,” said Osc... #ElectricityDeficitUkraine #ElectricityGeneration #EnergyRestore #energyukraine #oschadbank
Ukrenergo will purchase electricity from businesses investing in distributed generation. State company Ukrenergo will buy electricity in advance from businesses building distributed generation facilities, even those under construction, said Chairman of the Management Board Volodymyr Kudry... #DistributedGeneration #ElectricityAuction #energyukraine #Ukrenergo #VolodymyrKudrytskyi
DTEK Renewables has prolonged its green Eurobond payments and received support for constructing the second stage of the Tyligulska wind farm. DTEK Renewables Finance B.V. successfully negotiated with its investors, and they agreed to extend payments on green Eurobonds for three years – from November 2024 to November 2027. The bondholders al... #DTEK #EurobondsPayments #TyligulskaWindPowerPlant #UkraineGreenEnergy #WindPowerPlant
Ukraine has lost the capacity of Europe’s largest nuclear power plant for a decade. The Zaporizhia nuclear power plant will be able to be restarted only seven to eight years after liberation, as it depends on the reconstruction of the Kakhovka hydroelectric power plant, said Prime Mi... #KakhovkaHPP #NuclearEnergyUkraine #UkraineEnergy #UkraineEnergyLosses #zaporizhzhiaNPP
Poland is ready to produce electricity for Ukraine at its TPPs. Polish Prime Minister Donald Tusk proposed using Polish coal-fired power plants to generate energy for Ukraine’s needs. “Currently, we are working to burn Polish coal, which we currently h... #DonaldTusk #ElectricityImportUkraine #Poland #UkraineEnergy #UkraineEnergyLosses
Ukraine, Moldova, and Romania are developing energy security guarantees for Ukraine and Europe. According to a joint statement from the three heads of foreign affairs, the countries plan to increase the capacity of the Trans-Balkan gas route as part of the vertical gas corridor, including develo... #EnergySecurity #energyukraine #gaselectricity #Moldova #Romania #VerticalCorridor
The war is accelerating Ukraine’s transition to renewable energy sources. By continuously attacking Ukraine’s energy sector for two years, Russia has inadvertently accelerated the country’s transition to ecologically friendly energy sources. Due to Russian airst... #energyukraine #ForeignInvestor #RenewableEnergyUkraine #RESinvestments #UkraineEnergyLosses #WarRiskInsurance
Ukraine can produce up to 10 billion cubic meters of biogas annually if $20B is invested in the industry. The head of the Ministry of Agrarian Policy, Taras Vysotskyi said: “Ukraine can potentially produce up to 10 billion cubic meters of gas per year from available waste, but this would require a f... #agroUkraine #BioGas #BiomethanePlant #EnergyInvestments #TarasVysotskyi
Ukrnafta received applications from six foreign companies for the joint development of 15 fields. Ukraine’s largest oil and gas mining company, Ukrnafta, received a letter of intent from six companies regarding the joint development of 15 fields out of the 21 it had proposed for investment i... #DenysKudin #EnergyInvestments #Oilmining #OilProductionUkraine #Ukrnafta
Russia seeks to maintain gas transit to the EU through Ukraine, but Kyiv is against it, although several EU states are interested. Russia wants to continue supplying gas to the EU through Ukraine’s gas transport system after the current transit contract expires at the end of the year, Russian Deputy Prime Minister Oleksandr... #GasSupplies #GasTransit #RussianGas #UkraineGTS #Zelenskyy
