Denmark will provide Ukrainian cities with loans of up to €100M for energy-efficient projects that have been unable to attract investors. The Ukrainian government has approved a procedure for selecting projects enabling energy efficiency, energy saving, and alternative fuels, which will be financed within the Danida Business Finance pro... #DanidaBusinessFinance #Denmark #EnergyEfficiencyProgram #EnergyRestore #energyukraine #LoanForUkraine
Ukrainian businesses have already received loans sufficient to launch 200 MW of generation, and the Ministry of Energy is confident Ukraine will add 1 GW of distributed generation. According to the NBU, from June to September the majority of borrowed funds were for the purchase and installation of gas-piston cogeneration plants (96 MW), the purchase of diesel and gasoline genera... #ElectricityGeneration #EnergyDecentralization #EnergyRestore #energyukraine #LoansforBusiness
Ukraine’s electricity deficit may reach 30% of consumption needs. Volodymyr Velychko, Deputy Chairman of the Supervisory Board of Centrenergo, noted: “Foreign partners believe that this winter will be the most difficult for our country in its entire history, e... #CentrEnergoUkraine #ElectricityDeficitUkraine #ElectricityImportUkraine #EnergyRestore #energyukraine #TrypilskaTPP
This year, the Russian Federation has attacked the Ukrainian energy system with more than 1,000 missiles and drones. As noted by the Ministry of Energy, the intensity of Russian shelling of Ukrainian energy facilities in 2024 will significantly exceed the number of attacks on energy infrastructure in the previous ye... #EnergyRestore #energyukraine #Japan #KuninoriMatsuda #RussianAttackonUkraine #UkraineEnergyLosses
The US is directing more than $1B to humanitarian support and the energy system’s restoration in Ukraine. USAID Administrator Samantha Power reported that more than 250,000 people in our country need rehabilitation support during her third visit to Ukraine since the full-scale war began. Therefore, USAID ... #EnergyRestore #HumanitarianAid #Rehabilitation #SamanthaPower #SupportUkraine #USAID
The NBU maintains this year’s economic growth forecast of 3.7% despite the situation in the energy sector and expects positive results from tax increases. As noted by the head of the National Bank, Andriy Pyshnyi, the regulator remains largely confident in the forecast it presented in July. “The economy will grow by 3.7% this year. The assumption ... #AndriiPyshnyi #ElectricityDeficitUkraine #EnergyRestore #nbu #UkraineEconomicForecast #UkraineEconomy
Energy experts: Ukraine will enter the winter with a power generation deficit of 4-5 GW. Yuriy Korolchuk, an expert at the Institute of Energy Strategies, noted that the existing generation that survived Russian missile attacks will be able to produce about 11 GW of electricity. Thus, the... #ElectricityDeficitUkraine #ElectricityImport #EnergyRestore #energyukraine #NPP
The EU will help Ukraine secure 4.5 GW of generation capacity and will provide an additional €160M to get through the winter. The EU will help Ukraine repair 2.5 GW of capacity this winter and export 2 GW of electricity to Ukraine. With these actions, the EU will cover more than 25% of Ukraine’s energy needs for the co... #EnergyRestore #HeatingSeason #SupportUkraine #UkraineEnergy #UrsulavonderLeyen
Ukraine’s electricity generation deficit this winter will be 4 GW. Ukrainian power engineers will have their work cut out for them in December, considering that approximately 14-15 GW of generating capacity has been restored, which will leave the energy system with a... #DTEK #ElectricityDeficitUkraine #EnergyRestore #energyukraine
How is Ukraine preparing for winter in anticipation of new energy sector attacks? Russia is preparing for continued missile and drone attacks on Ukraine’s energyinfrastructure, Prime Minister Denys Shmyhal said. At the same time, Ukraine is preparing for the new heating seaso... #DenysShmyhal #ebrd #EnergyRestore #energyukraine #HeatingSeason #Sweden #Ukrenergo
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
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
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
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
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
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
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
Ukraine’s partners allocate hundreds of millions for reconstruction and preparation for the coming winter. The government of Belgium agreed to provide €150M in financing for Ukrainian reconstruction projects. Part of the funds will be directed to restoring energy and social infrastructure in the Kyiv and C... #Belgium #EnergyRestore #Germany #Latvia #Okhmatdyt #UkraineReconstruction #UkraineRecovery
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
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
Despite the war, Piraeus Bank continues to show long-term dedication to Ukraine by supporting the rebuilding of energy infrastructure. Piraeus Bank joined 17 leading financial institutions by signing a memorandum in Kyiv on bank lending for rebuilding energy infrastructure projects in the war-torn country. This pivotal step reaffirms... #EnergyRestore #IoannisKyriakopoulos #LoansforBusiness #PiraeusBank #PiraeusBankUkraine #YannisKyriakopoulos
Ukraine will install up to 1 GW of gas-fired distributed generation urgently, and DTEK Energy will direct all funds to restore TPPs. It is realistic to install up to 1 GW of gas-fired power generation in Ukraine, according to Deputy Minister of Energy Mykola Kolisnyk. “Several tens of megawatts have already been installed, an... #Denmark #DTEK #ElectricityGeneration #EnergyRestore #energyukraine #UBNnetwork #UkraineRecovery
The largest banks in Ukraine have agreed on preferential lending to restore energy infrastructure; they will finance projects up to €25M. During a banking forum, 17 of Ukraine’s largest banks signed a memorandum on preferential lending for energy infrastructure restoration projects. The memorandum was signed by banks whose net ass... #EnergyRestore #Lending #LoansforBusiness #PiraeusBank #PiraeusBankUkraine #RenewableEnergy #UkraineEnergy #UkrainianBanks
Restoration of one MW of generation capacity costs approximately $1M; Ukraine will require billions to restore its energy system. Distributed power generation, said NBU Deputy Head Kateryna Rozhkova, that will be used to restore power generation capacities will cost Ukraine billions of dollars. She explained that restoring one M... #ElectricityGeneration #EnergyRestore #energyukraine #KaterynaRozhkova #UkraineEnergyLosses #Ukrhydroenergo
Ukraine will restore only 7% of its power generation needs by winter. Before the heating season, Ukraine can restore 200-250 MW of generation (or 7.1%) of the required 3.5 GW, said Oleksandr Kharchenko, director of the Energy Research Center. According to him, work is p... #ElectricityDeficitUkraine #ElectricityGeneration #EnergyRestore #energyukraine #OleksandrKharchenko #YASNO
The EBRD will increase financing to restore Ukraine’s energy system and prepare for winter. EBRD President Odile Renaud-Basso said that the bank allocated €300M this month to help state energy companies repair facilities damaged by Russian shelling and build new decentralized energy faciliti... #ebrd #EnergyRestore #energyukraine #OdileRenaudBasso #UkraineRecovery
