Ukraine and the EBRD are working together on nine energy projects. Ukraine’s Minister of Finance, Serhiy Marchenko, and Mark Bowman, VP of the EBRD, have agreed to continue these initiatives, which are aimed at strengthening Ukraine’s energy security. Dur... #ebrd #EnergySecurity #energyukraine #MarkBowman #Naftogaz #SerhiyMarchenko
The Turkish Onur Group is set to invest $450M to establish 690 MW of generation capacity in Ukraine by 2030. The company has announced its intention to develop this new generation capacity in the country, building on their existing 150 MW of solar power plant capacity, which was constructed prior to the war ... #energyukraine #okko #OnurGroup #RenewableEnergyUkraine #RESinvestments #VolynRegion
In 2024, Ukraine nearly reached its bioethanol export quota to the EU for the first time. The Customs Committee of the Verkhovna Rada indicated that Ukraine exported 99,300 tons of bioethanol last year, with 62% sourced from private facilities, three of which contributed to 38% of the tota... #bioethanolUkraine #BiofuelPlant #energyukraine #UkraineExport
State company Ukrhydroenergo is set to rebuild the Kakhovka HPP, with a five-year timeline. The company is preparing to restore the Kakhovka HPP, which was damaged by Russian forces on June 6 2023, immediately following the recapture of the territory, as stated by company head Bohdan Sukhets... #EnergyRestore #energyukraine #KakhovkaHPP #KakhovkaReservoir #KryvyiRih #Ukrhydroenergo
DTEK has secured a record loan for the construction of one of the largest energy storage complexes in Eastern Europe. DTEK has reached an agreement with a consortium of Ukrainian banks led by Oschadbank for this unprecedented financing aimed at modern energy storage systems in Ukraine. Three Ukrainian banks – Oschadb... #DTEK #EnergyStorageUkraine #energyukraine #oschadbank #PUMB #Ukrgasbank
Four European countries will assist Ukraine in building up gas reserves for the winter. The gas transmission system operators of Bulgaria, Greece, Moldova, Romania, and Ukraine have created a plan that will supply US liquefied natural gas from Greece to Ukraine via the Trans-Balkan Corri... #energyukraine #GasTransit #HeatingSeasonUkraine #TransBalkanGasRoute #UkraineGasImports
Gas prices in Ukraine have risen to a record high, surpassing European prices. Kyiv is preparing for imports through a new route via Greece. On May 26, natural gas prices in the Ukrainian market reached ₴23,000 per 1,000 cubic meters (including VAT). The cost of gas has climbed to the highest level in over two years and exceeded European m... #energyukraine #gasprices #Greece #TransBalkanCorridorUkraine #UkraineGasImports
Ukraine’s share of green energy is projected to grow by nearly 100% by 2040. Balint Silhavy, a senior expert at Boston Consulting Group, anticipates that the contribution of renewable sources to Ukraine’s electricity production will rise from 15% in 2022 to 28% in 2040, ... #BalintSilhavy #BostonConsultingGroup #energyukraine #GreenEnergyUkraine #investments #RenewableEnergyUkraine
Ukrainian businesses are investing nearly ₴29B in the construction of over one GW of autonomous generation. In light of Russian attacks on Ukraine’s energy system, 20 major domestic companies have built 1.06 GW of generation capacity since the onset of the full-scale war and plan to expand this in the... #ATBmarket #ElectricityGeneration #EnergyIndependence #EnergyInvestments #energyukraine #Epicentr #Metinvest #novaposhta #okko #Ukrnafta
In Ukraine, preparations are underway for the launch of three biomethane plants, and the construction of seven wind farms. During the Green Energy for Reconstruction conference, Chairman of the Bioenergy Association of Ukraine Heorhiy Heletukha noted that four biomethane production facilities are currently operational in ... #BiomethanePlant #energyukraine #HeorhiyHeletukha #RenewableEnergyUkraine #TyligulskaWindPowerPlant #WindEnergyUkraine
The cost of electricity for industry is rising, causing some enterprises to lose competitiveness and remain idle. Retail prices for electricity for industrial enterprises in Ukraine increased by an average of 20% in the first ten days of May compared to the average price in April, reported former Energy Minister ... #CommercialEelectricityTariffs #energyukraine #IndustryUkraine #Metinvest #UkraineElectricityCost
OKKO aims to become a prominent player in the wind energy market by developing wind farms and seeking additional financing. The OKKO group plans to initiate several large wind energy projects and has already started working on their implementation. Construction of the Ivanychi wind farm in the Volyn region is already under... #energyukraine #okko #RenewableEnergyUkraine #RESinvestments #Transcarpathia #VolynRegion #WindEnergyUkraine
A South Korean company is set to construct a $106M waste-fired combined heat and power (CHP) plant in Odesa. Posco International, a South Korean corporation, plans to build a thermal power plant in Odesa that will utilize waste as fuel. This project aims to establish an RDF-fueled CHP plant as a modern, inte... #CHPukraine #energyukraine #investments #Odesa #PoscoInternational #SouthKorea
Ukraine’s real GDP growth in the first quarter was 1.1%. The IER reports that in March, due to better access to electricity and the gradual recovery of demand, Ukraine’s economic situation improved slightly – real GDP growth was 1.3%. In contrast, in ... #agroUkraine #energyukraine #GDPinUkraine #MiningUkraine #UkraineEconomicForecast #UkraineEconomy
How much of Ukraine’s energy should be generated by wind power in order to successfully integrate into the EU’s energy system? In this context, experts assert that wind power is gaining strategic importance as a priority area for development. The EU aims to increase its share of renewable energy sources to 42.5% by 2030, with... #energyukraine #EuropeanIntegration #RenewableEnergyUkraine #WindEnergyUkraine
Ukraine’s gas shortage can only be resolved through market liberalization. Ukraine must liberalize its gas market as soon as possible to attract Ukrainian and European traders as well as industrial consumers for imports. Otherwise, a lack of resources and funding may disrupt... #energyukraine #GasstorageUkraine #Naftogaz #UkraineGasimport
Ukrainian electricity prices rank among the highest in Europe. In the first half of April, electricity prices in Ukraine have already exceeded those of neighboring countries such as Poland, Romania, Hungary, and Slovakia. They are 34% higher than in Germany and 2... #Electricity #ElectricitypricesUkraine #EnergyTariffs #energyukraine #UkraineElectricityImport
The state is working on the repayment of over ₴22B in debt to green energy producers; investors are returning to the market. The state enterprise Guaranteed Buyer is developing a roadmap to settle accumulated debt to green tariff electricity producers and is counting on making 100% of its required payments in 2025, said Dep... #EBA #energyukraine #ForeignInvestor #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergyUkraine #RESinvestments
Which companies have been selected for a competition to construct new generating capacities? A competition for the right to construct new generating capacities is currently taking place in Ukraine. The selection of participants is ongoing, and companies that have submitted project bids, with ... #ElectricityGeneration #energyukraine #InzhurEnergy #Ukrnafta
Ukraine summarizes its energy infrastructure losses suffered in the Russian invasion. Before the full-scale conflict began, Ukraine’s power plants had an installed capacity of 56.1 GW. Russia occupied 18 GW of generation, including Europe’s largest nuclear power plant in Za... #EnergyAttack #energyukraine #OilRefineryRussia #RussiaOilRefineryDamages #UkraineEnergyLosses #WarinUkraine
Ukraine may export one billion cubic meters of biomethane to the EU by 2030. Maciej Zaniewicz, an expert with the Green Deal Ukraine project, notes: “The actual volume of biomethane production in Ukraine may be around 0.5% of EU demand. We are discussing approximately on... #BiomethaneExport #BiomethaneUkraine #energyukraine #MHP #VitagroGroup
Ukraine will add 30 MW of electricity storage systems, as a Ukrainian bank provides KNESS with a €9.6M loan. Oschadbank has signed an investment loan agreement for nearly six years with international Ukrainian company KNESS in the amount of €9.6M to both finance and refinance the construction and commissioni... #ebrd #EnergyStorageSystems #energyukraine #KNESS #oschadbank
Chronic debt owed to green electricity producers is hindering the development of new projects. Ukraine’s issue with debts that it owes to renewable energy producers impacts the industry’s growth prospects, said Olga Rybachuk, a manager at Elementum Energy, which has invested in the ... #ElementumEnergy #energyukraine #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergyUkraine #RESinvestments
Trump and Ukrainian nuclear power plants: What is the problem with the initiative? US President Donald Trump has set his sights on the Zaporizhzhia NPP, but there is a nuance to this concept, given that it may take years before there is any hope of a return on investment. This is be... #DonaldTrump #Energoatom #energyukraine #NPPukraine #NuclearEnergyUkraine #zaporizhzhiaNPP
What would an energy truce provide for Ukraine and Russia? Since the war’s onset, Russia has systematically targeted the Ukrainian energy sector. For Kyiv, a primary target among the aggressor’s facilities is the extensive network of Russian oil r... #EnergyCeasefire #energyukraine #Putin #WarEnding #WarinUkraine
Ukraine and Sweden will become partners in the energy field and the green transition. Ukraine and Sweden signed a memorandum of understanding on the establishment of a partnership on energy issues and the green transition in the field of nuclear energy. The memorandum’s purpose i... #Denmark #EnergyIndependence #energyukraine #GasstorageUkraine #Netherlands #NuclearEnergyUkraine #Sweden
What is holding back the development of distributed generation in the regions, and what should the Ukrainian energy system evolve into during the process of European integration? According to Anzhelika Slobodyan, an expert from the Association of Small Communities of Ukraine, communities are keen on developing distributed generation to address their critical infrastructure nee... #DistributedGeneration #ElectricityGeneration #EnergyInvestments #energyukraine #RenewableEnergyUkraine
Ukraine looks to become a key biomethane supplier to the EU, aiming for a 20% market share. According to Heorhiy Heletukha, the head of the Bioenergy Association of Ukraine, Ukraine is on track to become the primary supplier of biomethane to Europe. He noted that in the future, the proportio... #BioenergyUkraine #BiomethaneExport #BiomethaneUkraine #energyukraine #HeorhiyHeletukha
The EU is considering a new scheme for supplying gas to Ukraine and three other European countries. The EU is considering the option of supplying gas to Ukraine, Hungary, Slovakia, and Moldova using Ukrainian underground storage facilities. It is assumed that the gas would be pumped into Ukrainian u... #energyukraine #GasstorageUkraine #GasSupplies #Hungary #Moldova #Slovakia #UkrainianGTS
Ukrainian gas reserves at the end of winter have been reduced to a historic low, forcing enormous imports. Ukrainian underground storage facilities contained about 6.3 billion cubic meters of gas as of the end of February, which is a historic low for this period. This is 31% below the average level in 2015... #energyukraine #GasstorageUkraine #RussianAttack #Slovakia #UkraineGasImports #UkraineGasReserves
Naftogaz has secured external financing for gas purchases, and private energy traders are also participating in the importation. Naftogaz Group will receive funding from Norway through the EBRD for gas procurement. This financing is part of a broader assistance package designed to bolster Ukraine’s energy security. In tot... #DTEK #ebrd #energyukraine #GasImport #LNG #Naftogaz #Norway
Gas procurement, renewable energy, and electricity market integration: EU to assist Ukraine in rebuilding its energy system. The European Commission has proposed a new assistance package to expedite the integration of Ukraine’s energy market with its European counterpart, aiming for the electricity market’s full integ... #EnergyInvestments #energyukraine #EuropeanCommission #GasReservesUkraine #RenewableEnergyUkraine
Ukraine declines to incorporate Turkish Karpowership power plants into its energy system because of their high generation cost. A new type of electricity generation for Ukraine – power plants offered for rent by Turkish Karpowership – will remain as a concept. Even though Ukraine spent about UAH 300M to prepare the infrastruct... #ElectricityGeneration #energyukraine #Karpowership #Odesa #Turkey
Why have Ukrainian gas reserves fallen to a record low? According to an analysis by DiXi Group, Ukraine has not yet fully transitioned to self-sufficient gas supply through domestic production. “Due to the full-scale war, demand for blue fuel decreas... #EnergyIndependence #energyukraine #GasMiningUkraine #GasReservesUkraine #GasstorageUkraine
Another Ukrainian company has begun exporting biomethane to the EU. A biomethane plant ownded by the agro-industrial holding MHP exported 27,400 cubic meters of biomethane to the EU, making it the second Ukrainian company to export this gas. MHP exported the biomethan... #agroUkraine #BiomethaneExport #BiomethaneUkraine #energyukraine #MHP #VitagroGroup #Vitol
Ukraine’s largest oil producer wants to build 200 MW of green capacity in addition to gas generation. Ukrnafta, part of the Naftogaz group, which, with the support of the EBRD, has planned projects to generate energy using its gas, is additionally working to attract investment to build around 200 MW o... #DuncanNightingale #ebrd #energyukraine #gaselectricity #Naftogaz #RenewableEnergyUkraine
How much new generation does Ukraine need to avoid an electricity shortage? According to analysts, by 2026 Ukraine must install 4.3 GW of green generation and 1.1 GW of gas-fired plants to meet its urgent energy needs. Solar power plants can play a key role in updating the en... #ElectricityDeficitUkraine #ElectricityGeneration #EnergyInvestments #energyukraine #RenewableEnergyUkraine
Ukraine has started supplying biomethane to the EU. The State Customs Service has completed the customs declaration required to move the first batch of biomethane across Ukraine’s customs border for export to Europe by pipeline. “Ukraine ha... #Biomethane #BiomethaneExport #BiomethaneUkraine #energyukraine #Germany #VitagroGroup
Tech4Good Global Challenge #1: Energy for Ukraine. In late 2024, Tech4Good Global Challenge #1: Energy for Ukraine, a private initiative led by independent experts in tech, energy, and public sectors, launched a global search for innovative energy sol... #EnergyInnovation #energyukraine #Tech4GoodChallenge
The Mykolaiv region is looking for investment to increase its distributed generation. To strengthen the Ochakiv urban territorial community’s energy security, local authorities have announced a project to install four cogeneration plants, each with a 1 MW capacity. The plants are... #DistributedGeneration #EnergyInvestments #energyukraine #Mykolaiv #ochakiv
Businesses are in no rush to connect their distributed generation to Ukraine’s power system due to debts in the market. Ukrainian companies have built hundreds of megawatts of distributed generation capacity for their own needs but are in no hurry to connect these generation capacities to the power system. The energy m... #ElectricityGeneration #energyukraine #GuaranteedBuyer #UkraineEnergyLosses
Last year, Ukraine imported the largest amount of electricity in 11 years. The total reached almost 4.5 million MWh. In contrast, according to Energy Map, electricity exports fell to a record low of only 350,000 MWh. The main reason for this imbalance was Russia’s mass... #ElectricityDeficitUkraine #ElectricityGeneration #ElectricityImportUkraine #energyukraine
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, ... #ElectricityDeficitUkraine #electricityExport #ElectricityImport #energyukraine #UkraineEnergyLosses
DTEK will spend €140M to install six energy storage facilities in different regions of Ukraine. Private energy company DTEK is implementing Ukraine’s first large-scale project to create a portfolio of energy storage systems and has already signed a contract with Fluence to install them. The six ... #DTEK #EnergyIndependence #EnergyStorageSystems #energyukraine #Fluence
With each attack by the Kremlin on Ukraine’s energy system costing about $2B, what are the risks for Ukraine’s GTS? Each missile attack on Ukraine’s energy system costs Russia up to $2B, and by continuing the transit of Russian gas, Ukraine helped the aggressor to earn money for these attacks, said Serhiy Mak... #EnergyAttack #energyukraine #SerhiyMakogon #UkraineGTS
Ukraine has produced the first million cubic meters of biomethane, and the selection of communities to launch waste-fired CHPs is underway. The first two biomethane producers in Ukraine pumped their first million cubic meters of biomethane into underground gas storage facilities in the last months of 2024, said the head of the Bioenergy A... #Biomethane #BiomethaneUkraine #ElectricityGeneration #energyukraine #GalsAgro #HeorhiyHeletukha #VitagroGroup
Western investors are ready to build 1.5 GW of generation capacity in Ukraine, but the lack of war risk insurance delays investment. Oleksandr Kharchenko, director of the Energy Research Center, said that American and European investors are ready to invest in Ukrainian energy despite the war and have potential projects to construct... #ElectricityGeneration #EnergyInvestments #energyukraine #ForeignInvestor
Ukraine has approved energy independence passports for each region in order to stimulate distributed generation investment. The Ministry of Community and Territorial Development and the Ministry of Energy have approved energy independence passports for each region of Ukraine. The regional energy passport is a comprehensive... #DistributedGeneration #EnergyIndependence #EnergyPassports #energyukraine #OleksiyKuleba
The Ukrainian government announced a new operation model for the Ukrainian gas transport system after ceasing Russian gas transit. Prime Minister of Ukraine Denys Shmyhal stated: “The Ukrainian gas transportation system now operates without the transit of Russian gas and will implement a new operational model this year. We ... #DenysShmyhal #energyukraine #GasTransit #Gazprom #Naftogaz #UkraineGTS
Russia continues its devastating attacks on the Ukrainian energy sector, and here is why. The series of Russian strikes on Ukraine’s energy sector is part of a campaign aimed at freezing the country in winter, as well as forcing the West to adopt political decisions that are favorabl... #DTEK #energyukraine #Kremlin #RussianAttackonUkraine #UkraineEnergyLosses #WarinUkraine
