EnergysectorUkraine

Friday, February 23

Last year, Ukraine’s energy sector delivered ₴115B to the budget. This total refers to contributions from the payment of excise duty and rent of energy sector enterprises, which are 17% more than in 2022, reported DiXi Group. It is noted that the taxpayers remitted ...

Thursday, April 6

Ukraine and Germany will deepen their cooperation for the green recovery of the Ukrainian energy industry. In particular, Minister of Energy of Ukraine Herman Galushchenko and Vice Chancellor of Germany Robert Habek signed a joint statement to expand the German-Ukrainian energy partnership, emphasizing the...

Monday, November 28

The EU Commission is preparing urgent aid for Ukraine’s energy sector. The European Commission has stepped up its efforts and is working with its partners to provide emergency support for Ukraine to restore and maintain electricity and heat supplies. The head of the Euro...

Wednesday, November 9

Ukraine and Slovakia discuss cooperation in the energy sector. Deputy Minister of Energy of Ukraine Yaroslav Demchenkov met in Uzhgorod with Minister of Economy of Slovakia Karel Hirman. They addressed the energy system operation in the event of massive attacks b...

Monday, November 7

The G7 has created an Energy Ramstein group to assist Ukraine with its infrastructure restoration. This provision is contained in a statement from the G7 foreign ministers following their two-day meeting in Münster (Germany). “Today, we are creating a coordination mechanism within the G7 that...

Thursday, November 3

Ukraine is asking for an electrical import limit increase from the EU. Ukraine would like the opportunity to import a significant amount of electricity from the EU in the amount of 1,000-1,500 MW. Due to Russian damage to the energy infrastructure, Ukraine needs to impor...

Tuesday, November 1

Ukraine will receive 954 pieces of energy equipment. The Ministry of Foreign Affairs of Ukraine has updated the list of Ukraine’s needs within the European Civil Protection Mechanism framework and the NATO Crisis Response Center with regard to the...

Monday, October 31

The state of the power system during winter will impact the country’s GDP. In the winter, economic activity will be further limited by damage to the energy infrastructure and a forced reduction in electricity consumption due to Russian missile attacks and the disconnection o...

Friday, October 28

Kyiv’s electricity deficit may reach 30%. As a result of the Russian attack on Ukraine’s energy infrastructure, the electricity shortage in Kyiv may amount to 30% of need, so the outages will be longer and affect a much larger number o...

Thursday, October 27

The EU collected €30.5M for urgent restoration of Ukraine’s energy sector. European Commissioner for Energy Kadri Simson called on the governments and private companies of the EU to donate more money for equipment for Ukraine’s energy sector. “The latest missile ...

Friday, October 21

Ukraine’s energy sector will be reoriented to renewable energy sources. The post-war recovery and development of the energy sector must first be fast and sustainable, focusing on innovative technologies and green energy, Deputy Minister of Energy Yaroslav Demchenkov said....

Friday, June 4

Eight renewable energy producers have won a total of $29 million in judgements in Kyiv’s Economic Court against the Guaranteed Buyer, Finbalance reported on Monday. As of mid-May, Ukrenergo, parent company of Guaranteed Buyer, said it still owes $574 million in overdue 2020 payments to wind and solar pr...

Tuesday, March 2

Rising on the Tylihul estuary, 80 km southwest of Mykolaiv city, the DTEK/Vestas turbines will be the tallest post-Independence structures in Ukraine. Rising on the Tylihul estuary, 80 km southwest of Mykolaiv city, the DTEK/Vestas turbines will be the tallest post-Independence structures in Ukraine. The blades will measure 162 meters from tip to ti...

The Tiligulska wind power project is designed to be scaled up to 5 The Tiligulska wind power project is designed to be scaled up to 564 MW. But, for this to happen Maris Kunitskis, CEO of DTEK Renewables, says: “We expect that the crisis related to non-payments for t...

With wind and solar executives desperately renegotiating bank loans and talking to lawyers about international arbitration With wind and solar executives desperately renegotiating bank loans and talking to lawyers about international arbitration, the most visible sign of Ukraine’s crisis came in January when Norway’s Aker...

By contrast, Europe installed By contrast, Europe installed 14.7 GW of new wind capacity last year. Wind farm generation covered 16.4% of electricity consumption in Europe, reports WindEurope.

Despite lower rates and uncertainty over payments, several wind projects are advancing in Ukraine: Despite lower rates and uncertainty over payments, several wind projects are advancing in Ukraine:

Two US-originated companies Two US-originated companies, VR Capital Group’s Elementum Energy and Peter Gish’s Ukraine Power Resources plan to inaugurate this spring a 40 MW wind farm in Starokozache, on the Dnister estuary, 75 k...

Turkey’s Atlas Global Energy plans to build a 16 turbine, 60 MW wind farm in a Carpathian mountain valley Turkey’s Atlas Global Energy plans to build a 16 turbine, 60 MW wind farm in a Carpathian mountain valley near the Beskidy railroad tunnel, reports Daily Lviv. The tracks through the newly rebuilt, 1....

France’s Eurocape New Energy has commissioned a 98 MW wind farm France’s Eurocape New Energy has commissioned a 98 MW wind farm in the Priazovsky district of Zaporizhia. The plant, Eurocape 1, has 27 GE tubines, each with a capacity of 3.6 MW. Originally planned t...

Hong Kong’s Hiro Asia Investments is paying for the construction of a 25-turbine, 75 MW wind power plant that is to guarantee electricity for Yuzhne, Ukraine’s largest port Hong Kong’s Hiro Asia Investments is paying for the construction of a 25-turbine, 75 MW wind power plant that is to guarantee electricity for Yuzhne, Ukraine’s largest port. China is Ukraine’s largest...

Ukrposhta, the national postal operator, starts this week a partnership with OLX, one of Ukraine’s largest online market places. Ukrposhta, the national postal operator, starts this week a partnership with OLX, one of Ukraine’s largest online market places. Last year, Dutch-domiciled OLX nearly doubled its deliveries in Ukraine...

Non-cash payments grew last year to 55%, more than double the level of 25% recorded in 2014 Non-cash payments grew last year to 55%, more than double the level of 25% recorded in 2014, reports the European Business Association. The total volume of e-money transactions increased by 15% last y...

Offering a boost to residential construction, the first two mortgages were signed yesterday under a new state Offering a boost to residential construction, the first two mortgages were signed yesterday under a new state program “Affordable Mortgage at 7%.” The 20-year mortgages are reserved for apartments or ...

“We will work to ensure that housing loans at 7% are truly accessible to all in Ukraine,” “We will work to ensure that housing loans at 7% are truly accessible to all in Ukraine,” President Zelenskiy vowed at the mortgage signing ceremony. Seven banks are participating in the program: Priv...

French and Italian railroad station operators are among the eight companies that are seriously interested in running Ukrainian rail stations on a concession basis French and Italian railroad station operators are among the eight companies that are seriously interested in running Ukrainian rail stations on a concession basis, Alexander Pertsovsky, director of Uk...

Hotel Lviv, Grand Hotel Lviv and Gagarinn Hotel in Odesa’s Arcadia district have been granted premises permits, a first step toward winning a casino license Hotel Lviv, Grand Hotel Lviv and Gagarinn Hotel in Odesa’s Arcadia district have been granted premises permits, a first step toward winning a casino license, reports Deadlinenews, a Scottish site. Wit...

In a ray of hope for Ukraine’s beleaguered wind power sector In a ray of hope for Ukraine’s beleaguered wind power sector, DTEK Renewables and Denmark’s Vestas have signed a joint venture agreement to build 126 MW of wind power capacity in Mykolaiv. To pay for ...

Lufthansa launches flights between Lviv and Frankfurt am Main on April 30. Lufthansa launches flights between Lviv and Frankfurt am Main on April 30. Germany’s largest airline already flies between Lviv and Munich. Ryanair flies from Lviv to Memmingen and to Weeze. Wizz Air ...