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
URC2024 results: G7+ will provide $1B in aid to Ukraine’s energy sector, and projects worth €16B announced at the conference. At a high-level meeting of the G7+ Coordination Group on Aid to Ukraine’s Energy Sector in Berlin, Ukraine’s allies announced additional aid for Ukraine’s energy sector totaling more than ... #EnergySupportFund #energyukraine #G7 #SupportUkraine #UkraineRecovery #URC2024
German and American companies will help build new distributed generation capabilities in Ukraine. Ukrnafta signed memorandums with Siemens Energy Global GmbH & Co. KG and Deutsche Bank to develop distributed electricity and heat generation in Ukraine. The first is a memorandum of understanding... #DeutscheBank #DTEK #ElectricityGeneration #energyukraine #GEvernova #Honeywell #SiemensEnergy #Ukrnafta
Allies are investing in the restoration of Ukrainian energy and critical infrastructure. France will allocate €200M to enterprises that will invest in restoring Ukraine’s critical infrastructure, with €60M of these funds directed to the Ukrainian energy sector, French President Emma... #EmmanuelMacron #EnergySupportFund #energyukraine #SupportUkraine #UkraineRecovery
UZ plans to build a gas generation plant with a capacity of 250 MW. The state company Ukrainian Railways (UZ) plans to build gas power plants with a total capacity of 250 MW in various regions. UZ is among the five largest distribution companies in the country in term... #energyukraine #gaselectricity #GasGenerationPlant #investments #UkrainianRailways
Where will Ukrainian energy companies direct ₴50B in revenue from increased electricity tariffs? Analysts have calculated that the increase in consumer electricity prices will generate an additional ₴50B for state energy companies Energoatom and Ukrhydroenergo in 2024. The tariff increase will al... #Energoatom #EnergyInfrastructure #EnergyTariffs #energyukraine #Ukrhydroenergo
The EBRD will provide Ukraine with €300M to restore energy infrastructure and construct new decentralized generation. Ukraine and the EBRD signed a memorandum under which the European Bank will provide €300M to support Ukraine’s energy sector. “This support will help to fulfill our goal – to ensure ... #DenysShmyhal #ebrd #EnergyDecentralization #energyukraine #UkraineEnergyLosses
During the full-scale war in Ukraine, three wind power plants with a capacity of almost 230 MW have been built, and another 58 projects are at various stages of implementation. According to Andriy Konechenkov, chairman of the board of the Ukrainian Wind Energy Association, since the beginning of the full-scale war, three new wind farms have been built in Ukraine: Tyligulska ... #energyukraine #RenewableEnergyUkraine #TyligulskaWindPowerPlant #WindEnergyUkraine
The NBU has downgraded its growth forecast for the Ukrainian economy over losses in the energy sector. The National Bank worsened its 2024 growth forecast for Ukraine’s economy from 3.6% to 3% due to the severe consequences from Russia’s missile attacks on energy infrastructure. The central... #ebrd #energyukraine #GDPinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
Transcarpathia plans to develop geothermal energy production. The Zakarpattia regional administration signed a memorandum with Ukrgazvydobovannya, the largest gas production company of Ukraine, on the implementation of gas-to-power projects at the Solotvyno and ... #energyukraine #gaselectricity #GeothermalEnergy #RenewableEnergy #Ukrgazvydobuvannya #Zakarpattia
The Ministry of Economy of Ukraine estimates GDP growth in April to be 4.3%. In April 2024, Ukraine’s GDP growth compared to April last year was about 4.3%. For January-April, the economic department noted that the growth is estimated at the level of 4.4% compared to the... #energyukraine #GDPinUkraine #IndustryUkraine #UkraineEconomy #YuliyaSvyridenko
Ukraine wants to create a $6B investment fund for energy sustainability. The State Agency for Energy Efficiency plans to create an International Green Investment Fund in Luxembourg, with an investment strategy calculated for 7-10 years and $6B, agency head Hanna Zamazeyeva... #Energyefficiency #energyukraine #HannaZamazeyeva #SustainableEnergy
How do forced power outages affect the Ukrainian military industry? Power outages in Ukraine caused by Russian shelling not only create discomfort for the civilian population but also complicate the production of weapons, writes the New York Times. This slows producti... #DefenseIndustryUkraine #ElectricityDeficitUkraine #energyukraine #Ukrenergo
Real GDP growth slowed in Ukraine due to Russian attacks on the energy system. The growth rate of real GDP in Ukraine has slowed down somewhat. The key problem is reduced access to a constant electricity supply and sufficient amounts of electricity. According to the IER, GDP in ... #ElectricityDeficitUkraine #energyukraine #GDPinUkraine #GVAukraine #UkraineEconomy #UkraineExport
Renovation of the energy system: Ukraine will develop smart power grids, and banks will support projects to restore energy generation. The Ministry of Energy of Ukraine approved the road map for developing smart networks to automate and implement digital solutions at all levels of the energy system. It is noted that the restoration o... #AndriiPyshnyi #energyukraine #nbu #SmartElectricalNetworks #SmartEnergy
State companies plan to extract 15 cubic meters of gas and two million tons of oil this year and have launched seven new gas wells. The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Oleksiy Chernyshov. He added that in addition to... #DenysShmyhal #energyukraine #GasProductionUkraine #Naftogaz #OilProductionUkraine #OleksiyChernyshov
Energy decentralization starts in Kyiv: six mini-TPPs with a capacity of 619 MW are planned to be launched. City authorities in Kyiv are considering the creation of six mini-TPPs with capacities between 20 MW to 324 MW (total capacity – 619 MW) in addition to the three currently available. This concep... #ElectricityGeneration #EnergyDecentralization #energyukraine #KyivTPP
Zelenskyy launches the biomethane market in Ukraine, which will help attract international investment. President Volodymyr Zelenskyy signed into law legislation regarding customs control and customs clearance of biomethane transported by pipeline across the customs border of Ukraine. The new law is exp... #alternativeenergy #BioGas #Biomethane #CustomsUkraine #energyukraine #Zelenskyy
A new energy system architecture in Ukraine: 50 companies are ready to invest in distributed generation, and partners will provide €7.8B to cover risks. As noted, Ukrenergo, the National Commission for Energy Market Regulation, the Federation of Employers, the European Commission, and international donors are working together to transform Ukraine’s en... #DistributedGeneration #EnergyInvestments #energyukraine #GreenEnergyUkraine #Ukrenergo
Ukraine needs at least $1B to restore its power system before the winter. Prime Minister Denys Shmyhal held the first meeting to prepare for the upcoming heating season. The head of the government named several challenges the government of Ukraine is facing: Scales o... #DenysShmyhal #energyukraine #HeatingSeasonUkraine #Ukrenergo #Ukrhydroenergo
Leaders of Ukraine’s energy sector increased their revenues by 8%. The combined income of Ukraine’s top ten energy companies in 2023 amounted to almost ₴745.9B, 8% more than in 2022 (₴688.45B). Half of the companies in the top ten are state-owned, and four more... #D.Trading #Energoatom #energyukraine #SCMgroup #Ukrhydroenergo
Ukraine is preparing to launch its biomethane register and is discussing the attractiveness of investment in the industry. The head of the State Agency for Energy Efficiency, Hanna Zamazeyeva, said that the development of the biomethane register is currently underway. Once implemented, exporters can supply biomethane to E... #BioGas #Biomethane #BiomethaneTransportation #energyukraine #Naftogaz #RenewableEnergyUkraine #UkraineGTS
Ukraine’s allies provide billions of euros to support Ukraine’s energy industry and reconstruction. The UK allocated more than €173.9M to strengthen Ukraine’s energy sector. In addition, this year Kyiv will receive €560M from the EIB for energy, transport infrastructure, and housing reconstruc... #EIB #EnergyEquipment #energyukraine #SupportUkraine #UkraineReconstruction #UkraineRecovery #Ukrenergo
Ukraine will build 10 GW of capacity to produce renewable hydrogen, which the EU urgently needs. Currently, hydrogen production in Ukraine is approximately 360,000 tons per year, used mainly to produce ammonia. Although this is only 0.5% of global demand, with technological development and invest... #energyukraine #GreenHydrogen #HydrogenProductionUkraine
Ukraine has started preparing its energy system for next winter; small generation facilities will be built. In preparation for the next heating season, the Ukrainian government will focus on the fastest possible construction of small generation facilities for Kharkiv and other cities, with a transition in t... #ElectricityGeneration #EnergyModernization #energyukraine #Kharkiv #OleksandrKubrakov
Russia rocks the Ukrainian energy industry: facilities in five regions were damaged, and the Trypilska TPP in the Kyiv region was destroyed. A massive Russian missile attack on the night of April 11 damaged Ukrenergo substations and generation facilities in the Odesa, Zaporizhzhia, Lviv, Kharkiv, and Kyiv regions. The Trypilska TPP was com... #Centrenergo #energyukraine #MissileAttackOnUkraine #RussianAggression #TrypilskaTPP #UkraineInfrastructureDestruction #Ukrenergo
DTEK Energy Holding plans to add 1.5 GW of green energy to Ukraine’s energy system within three years. CEO of DTEK Maksym Timchenko said: “We have been discussing the need for distributed generation since the first months of the war. Our strategy involves investing in green generation. We plan to... #DTEK #ElectricityGeneration #energyukraine #GreenENergy #MaximTimchenko #TyligulskaWindPowerPlant #WindEnergyUkraine
Germany will help Ukraine to create an analog of its recovery bank and has increased interest in the Ukrainian energy market. The German government approved a set of measures to support the reconstruction of Ukraine. One of them is the creation of an analog of the German reconstruction bank KfW, based on the Entrepreneurship... #energyukraine #KfW #SEFE #UkraineReconstruction #UkraineRecovery
The energy regulator has increased the attractiveness of Ukrainian gas storage facilities for European customers. The National Commission for State Regulation of Energy (NCRECP), which administers state regulation in the fields of energy and communal services, approved several changes to the Gas Storage Code and ... #energyukraine #gasstoragefacilities #Ukrainegasstorage #UkraineGTS
How can Ukraine complete the integration of its electricity sector with the EU? To fully integrate the Ukrainian energy market into the European system, it is necessary to continue implementing European legislation and the liberalization of the domestic market, as analyzed by the... #energyukraine #ENTSO-E #ENTSOintegration #EUelectricityMarket
Russia continues to attack hydro and thermal power plants, destroying 10-12% of generation capacities. According to the Energy Research Center director, Oleksandr Kharchenko, Ukraine lost 10-12% of the generating capacity that was available at the time of the first attack on March 22 due to the latest ... #DroneAttackOnUkraine #DTEK #EnergyInfrastructure #energyukraine #MissileAttackOnUkraine #OleksandrKharchenko
Given the continued Russian missile attacks, Ukraine will have to change the structure of its energy system. A shift to a large number of distributed small generation facilities is envisioned because it will be difficult and expensive for Russia to fire missiles at hundreds of small power plants, according t... #AndriiGerus #energyukraine #UkraineENergySystem
Ukraine refuses to import gas and is preparing for zero transit. As a memorandum with the IMF states, “Limited domestic consumption and growing domestic production limited the need for gas imports during the last heating season. For the next heating season of... #energyukraine #GasstorageUkraine #GasTransit #GasUkraine #imf #Naftogaz #UkraineGasimport #UkrainianGTS
Experts have named the most attractive industries for investment in Ukraine and identified the barriers that should be removed. As Andrii Dlygach, the Director of the Advanter Group of Companies, pointed out, given its present course of European integration, Ukraine has huge opportunities in everything related to the green tra... #energyukraine #investments #InvestmentsinUkraine #UkraineDevelopment #UkraineEconomy #Ukrainianmetallurgy
Energy leads the ranking of the best businesses in Ukraine by turnover. The Opendatabot has published a new rating based on its index, which includes Ukrainian enterprises with the highest turnover and impeccable business reputations. The energy sector was recognized as t... #energyukraine #oschadbank #PrivatBank #PUMB #UkrainianBanks #UkrainianEnterprises #бізнесвУкраїні
The government has named five key sectors of Ukraine as future EU members. Prime Minister of Ukraine Denys Shmyhal singles out five sectors – defense, energy, agriculture, raw materials, and digital – in which Ukraine hopes to declare itself a future member of th... #agroUkraine #AssociationwithEU #DenysShmyhal #energyukraine #UkraineEconomy #UkrainianEnterprises
Ukraine’s government has introduced a global standard for stimulating the construction of new green energy facilities. The Cabinet of Ministers approved a resolution that improves the auction model for selling green electricity. Instead of a fixed tariff, a contract-for-difference mechanism has been introduced that wi... #energyukraine #GreenENergy #GuaranteedBuyerUkraine #RenewableEnergyUkraine
The estimated potential of biomethane production in Ukraine could reach €40B. Based on the existing raw material base, Ukraine can annually produce 21.8 billion cubic meters of biogas or biomethane, according to a DiXi Group report. It is noted that in terms of providing raw ma... #BioGas #biomethaneinUkraine #biomethaneproduction #EnergyInvestments #energyukraine
Ukraine’s producers and consumers of green energy have received guarantees that will increase investment attractiveness and export potential. Green electricity production can benefit both RES owners and industrialists. A government resolution regulating the procedure for fixing guarantees to create green energy should make investment more a... #ElectricityProduction #energyukraine #GreenEnergyUkraine #RenewableEnergy #RESinvestments
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 ... #EnergysectorUkraine #energyukraine #ExciseDuty #OilCompaniesUkraine #TaxesToTheBudget #UkraineBudget2024
Fossil fuel remains the leader in Ukrainian energy consumption. Gas remains the leader in Ukrainian energy consumption, with 30% of the balance of consumption of Ukrainian energy enterprises. In second place is nuclear energy, which produces 24% of the country’s e... #ElectricityUkraine #energyukraine #FossilFuels #GreenENergy #NuclearEnergyUkraine
Ukraine launched over 660 MW of new RES capacity in two years. According to Minister of Energy Herman Halushchenko, Ukrainian energy companies built about 312 MW of new RES capacity in 2022 and almost 350 MW in 2023. These figures include solar, wind, biogas, and... #energyukraine #GermanGalushchenko #RenewableEnergy #SolarEnergyUkraine #WindEnergyUkraine
Ukraine plans to develop a transparent biofuel market. According to the head of the State Energy Efficiency Agency, Hanna Zamazeyeva, creating a biofuel trade exchange with the Ukrainian Energy Exchange will be essential for developing the industry and en... #BiofuelPlant #biomethaneproduction #energyukraine #HannaZamazeyeva
For the first time in 20 years, Ukraine extracted more than one billion cubic meters of gas from new wells in 2023. State gas mining company UkrGasVydobuvannya produced more than a billion cubic meters of gas from new wells that were put into operation in 2023. This is the best annual production from new wells sinc... #energyukraine #GasMiningUkraine #GasProduction #Naftogaz #Ukrgazvydobuvannya
Ukraine must implement more than 2,700 European acts, while 59% of requirements have been implemented in the energy sector. The government calculated that for EU membership, Ukraine must implement 2,739 acts of EU law, Prime Minister Denys Shmyhal said. According to him, Ukraine has analyzed about 28,000 acts of EU law for... #DenysShmyhal #EKrecommendation #energyukraine #EuropeanIntegration #UkraineEU
Three EU countries provide €21M for energy-efficient restoration projects, and with the G7+ countries, Ukraine has launched a partnership in clean energy. Sweden, Norway, and Finland have announced the allocation of €21.5M in contributions to the Eastern Europe Energy Efficiency and Environment Partnership (E5P) fund, which will support critical municip... #COP28 #DecarbonizationUkraine #E5P #EnergyEfficient #energyukraine #OleksandrButenko
Allies are working to increase the protection of the Ukrainian energy system, while Germany is promoting investment in Ukrainian energy. NSC representative John Kirby said that the US and its allies are working in three directions to help Ukraine protect its energy infrastructure from Russian attacks. First, the US is strengthening Ukr... #AirDefenseSystems #EnergyInfrastructure #energyukraine #JohnKirby
Ukraine is increasing imports and reducing exports of electricity: November’s results. According to energy map data, the export of electricity in November amounted to 40,900 MWh, which is 41% less than in October. Last month’s largest volumes were supplied to Slovakia with 43% of ... #energyukraine #UkraineElectricityExport #UkraineElectricityImport
Ukraine’s allies provide more support for energy infrastructure and agriculture. USAID and the Energy Community Secretariat signed an agreement on the US’ €23M grant contribution to the Energy Support Fund of Ukraine. Germany also plans to provide €300M to help Ukraine’s energy se... #agroUkraine #energyukraine #MartinJäger #SupportUkraine #Ukrenergo #USAID #worldbank
The G7+ countries have promised their support for the Ukrainian energy sector and praised the sector’s reforms, which will allow the attraction of private investment. US Secretary of State Antony Blinken and the head of Japanese diplomacy, Iwao Horii, held the fourth ministerial meeting in the G7+ format to confirm collective support for restoring and protecting Uk... #AnthonyBlinken #energyukraine #G7 #IwaoHorii #UkraineENergySystem
