energyukraine

Friday, July 8

Ukraine will build a new energy model after the war. After the war, Ukraine should not restore the old energy model but build a new, state-of-the-art one, said Minister of Energy German Galushchenko. According to him, it will be necessary to depart fro...

Monday, June 20

Ukraine has already accumulated half of the gas needed for the upcoming heating season. More than 10 billion cubic meters of gas have already been collected in Ukraine’s underground gas storage facilities (GHGs), and this volume is constantly growing, announced the Prime Minister ...

The government allocates six CHPs for Naftogaz. To ensure uninterrupted heat and electricity supply, the Government ordered the transfer of six CHPs to Naftogaz, announced Prime Minister Denys Shmyhal. According to him, this will allow more effic...

Friday, June 17

Zelenskyy has signed a law providing guarantees for hybrid system installation for Ukrhydroenergo electricity production. The installation of systems to provide 212 MW of electricity storage and expand the ability of Ukrhydroenergo (UHE) to provide ancillary services for frequency regulation and recovery through a joint ...

Wednesday, June 8

Ukraine has started accumulating gas and coal for the coming heating season. By the beginning of the heating season, Ukraine needs at least 19 billion cubic meters stocked in gas storage facilities and 2 million tons of coal in warehouses, said Prime Minister Denis Shmygal. T...

Wednesday, June 1

Energoatom will purchase nuclear fuel from Westinghouse worth $50M. “Ukraine State Enterprise Energoatom has raised a UAH 1.5B ($50M) loan from Ukrgasbank to buy fuel from the US company Westinghouse in 2022. The company plans to use borrowed funds to increase the pur...

Tuesday, May 31

The Kharkiv thermal power plant is shutting down due to high gas prices. Kharkiv TPP-5 is being forced to stop operations and preserve equipment in connection with the new gas prices set by Naftogaz Trading. The power plant cannot operate under the current pricing policy ...

Friday, March 18

Electricity trade with Europe will bring billions to Ukraine every year. Electricity trade with Europe, made possible by Ukraine’s accession to the European grid, will bring Ukraine billions of euros in foreign exchange earnings each year, said Chairman of the Board...

Monday, March 14

The Ukrainian energy system is stable. According to Prime Minister Denys Shmyhal, we have four nuclear power plants operating steadily, as well as all hydroelectric and thermopower plants. There are also agreements with Poland to supply ad...

Wednesday, February 16

The development of the Energy Storage Systems law will increase the stability of the electricity supply. In the second reading, the Ukrainian Parliament adopted a bill, (№5436-d), which defines the basic functioning of energy storage systems (SNE) in Ukraine. This law aims to ensure the use of energy st...

Friday, January 21

Ukrgazvydobuvannya has put into operation a new software complex for gas metering. State gas producer Ukrgazvydobuvannya has started research and development operation of the new Bee-UGV software package, which collects data from energy metering units and calculates the amount of na...

Tuesday, January 11

Electricity production in Ukraine grew by 5.2%. In 2021, electricity production in Ukraine amounted to 156.576 B kWh, which is 5.2% more than in 2020, reported the Ministry of Energy. In 2021, nuclear power plants increased electricity production b...

Thursday, January 6

The corporatization of Energoatom is planned for 2022. The plan to corporatize Energoatom will give a new impetus to the company’s development, including access to world markets and attracting resources,” said Energy Minister Herman Galushchen...

Wednesday, January 5

Guaranteed buyer estimates 2021 debt. The obligation of the Ukrenergo to Guaranteed Buyer according to the calculations for the electricity produced by RES in 2021 is approximately UAH 11.3 B ($415 M). According to the company’s est...

Monday, December 13

The EU investment portfolio included the project to convert Ukrainian GTS to hydrogen delivery. The program to prepare Ukraine’s gas distribution systems to deliver hydrogen and other “green” synthetic gases to consumers became one of the projects selected by the European Hydro...

Tuesday, December 7

Ukraine has provided emergency assistance to the Polish energy system. On Monday, December 6, the Ukrenergo Dispatch Center provided emergency assistance to the Polskie Sieci Elektroenergetyczne (PSE) power grid from the United Power System of Ukraine. The total amount o...

Monday, November 15

UAH 1.9 bln to be invested in Ukraine’s oil and gas industry, announced the Prime Minister, Denys Shmygal, on Facebook. According to preliminary estimates, UAH 1.9 bln ($72.2 mln) will be invested in the oil and gas industry under two agreements that were signed...

Wednesday, November 10

The Ministry of Energy has signed two production-sharing agreements with a Dutch company, ER UKRAINE B.V. The two production sharing agreements include the distribution of products in two regions: Grunivska and Okhtyrska. The minimum investment under these two agreements will be ₴1.5 bln (...

Thursday, November 4

Gas reserves in underground storage facilities are 18.1 billion cubic meters as of November 3 , reported by Ukrainian underground gas storage facilities (UGS). Approximately 800 million cubic meters have been used since the beginning of October, reported Naftogaz (ukrinform).

Tuesday, September 14

In August 2021, Ukraine’s total volume of electricity exports decreased by 6.1%, to 344.1 million kWh, whereas imports rose 21.9 times, to 27.1 million kWh (Ukrenergo). Compared to July 2021, electricity exports from the Burshtyn TPP Energy Island decreased by 21.2% to 193.8 milli...

Wednesday, September 1

NSDC orders government to plan for transition to market prices for electricity for households. The National Security and Defense Council (NSDC) has instructed the Cabinet of Ministers to prepare the procedure for a gradual transition to economically reasonable prices for electricity for househo...

Friday, August 27

Naftogaz’s CEO emphasizes Ukraine’s openness to supporting the involvement of international partners in the gas transmission system operator. “We are ready to explore a consortium with European companies or American companies which would take on the role of operator. This is an idea that is attractive enough for Ukraine as well as pot...

Wednesday, August 25

Metinvest offers to buy out shares from minority shareholders of Pokrovske Colliery. Along with its affiliates, Metinvest wants to buy out shares from minority shareholders in Ukraine’s largest coking coal producer, PrJSC Pokrovske Colliery (Donetsk region), under the squeeze-ou...

Monday, August 16

Wind towers under construction in southern Ukraine rise 180 meters. By contrast, the Soviet-era Duga over the horizon radar near Chornobyl rises 150 meters. When completed next year, the Zaporizhiya bridge is to be the 8th tallest cable bridge in Europe.

Tuesday, June 22

Ukraine’s erratic treatment of wind and solar producers threatens the EU’s choice of Ukraine as a major hydrogen producer , Deitz said. “We can replace Russian gas in the EU with Ukrainian molecules,” he said. “But to do that, we need stability — hydrogen investments will take 10 to 15 years.”

Friday, June 4

Electricity storage for balancing power supplies will be the goal of a $211 million loan that Ukraine seeks from the World Bank and the Clean Technology Fund. According to Wednesday’s decision by the Cabinet of Ministers, the money would go for buying and installing 197 lithium-ion energy...

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...

Monday, May 24

Mott MacDonald, the London-based engineering consulting firm, will inspect all seven of the hydroelectric dams of the Dnipro cascade to check the safety of the Soviet-era locks and dams and the viability of Ukryhdroenergo’s multi-year, $120 million rehabilitation plan, reports the press service of the state hydroelectric company. M...

Tuesday, May 11

Richard Deitz, President of VR Capital Group Ltd, said: “Despite the ongoing challenges in the renewable energy industry in Ukraine, we believe that these growing pains will be successfully managed. Green energy is destined to play a growing role in the Uk...

Peter A. Gish, founding CEO of Ukraine Power Resources, said: “Ukraine has an extraordinary land resource which is compatible with large scale renewable energy. We look forward to building our next wind project.”

Several solar power producers intend to sue Ukrenergo, the state run transmission system operator, for ‘illegally’ restricting production of wind and solar power this spring, says Artem Semenyshyn chairman of the Solar Energy Association of Ukraine, reports reform.energy. The problem of ‘over production’ by solar plants is to sharpen in the summer, typically the peak solar...

EnergoReforma’ya göre, Norveç’li Scatec, Ukrenergo’nun Garantili Alıcı biriminin ödemelerindeki gecikmeler ve elektrik satın alma anlaşmalarındaki değişiklikler nedeniyle bir kredi sözleşmesinde temerrüde düştüğünü duyurdu . Scatec’in Ukrayna’da dört faal güneş enerjisi santrali ve 111,4 milyon dolarlık ödenmemiş kredisi var. Şirketin birinci çeyrek raporuna göre, Scatec’in Ukrayna’da sahip olduk...

Friday, April 30

The Rada moved forward yesterday, appointing Herman Halushchenko as Energy Minister, succeeding Vitrenko, who had held the job in an acting capacity for four months. For the last year, Halushchenko served as vice president of Energoat...

Tuesday, April 20

There is only enough diesel for ‘two or three days’ for two of UZ’s key regional railways – Kyiv-based Southwestern and Dnipro-based Pridneprovskaya – reported the Observer news site. To keep trains running, the Cabinet of Ministers could order the release of fuel from the State Reserve. T...

Russia’s Rosneft stopped supplying diesel through pipelines and rail cars to Ukraine on April 1 , Reuters reported in a story based on interviews with five traders. Rosneft does not plan to resume supplies next month and Belarus’ Mozyr refinery plans to cut supplies to Ukraine by 37% next month ...

Monday, April 12

Energy prices increased by inflation, with natural gas rising by 64% and electricity up 37% . Food prices increased by 10%. Leaders were food items produced in Ukraine: bread +14%; fruit +14.5%; sunflower oil +48.5%; sugar +65%; and eggs +109%.

Thursday, February 11

Yesterday morning, 11 DTEK plants were temporarily closed for emergency repairs Yesterday morning, 11 DTEK plants were temporarily closed for emergency repairs, reports Ukrenergo, the state electricity distribution company. During the first week of February, sub-freezing temperat...

“Financial genocide of power generating companies” threatens Ukraine with electricity brownouts as early as this month and blackouts next year “Financial genocide of power generating companies” threatens Ukraine with electricity brownouts as early as this month and blackouts next year, Timchenko said at a press conference. In the last 18 mon...

Without financial relief, he warned, Ukraine will suffer electricity shortages Without financial relief, he warned, Ukraine will suffer electricity shortages and may miss a 2023 deadline to join Europe’s power distribution system. “Ukraine’s integration into the European e...

To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May, Timchenko said of the company’s bond and bank debt restructuring. “It will be a public instrum...

DTEK, Ukraine’s largest investor in renewables DTEK, Ukraine’s largest investor in renewables, plans to launch this year a pilot project for the production of “green” hydrogen and to build 1 MW energy storage capacity at its Zaporizhia...

With the EU planning to invest €1 trillion to achieve carbon neutrality by 2050 With the EU planning to invest €1 trillion to achieve carbon neutrality by 2050, a ‘carbon curtain’ of protective tariffs may grow up to protect the EU’s ‘clean’ products from competing products made ...

“Carbon leakage” means ‘dirty’ industries relocating out of the EU to avoid carbon restrictions. “Carbon leakage” means ‘dirty’ industries relocating out of the EU to avoid carbon restrictions. Carbon border tariffs also are expected to supersede Ukraine’s Association Agreement with the EU. Under...

Climate policy is “the biggest economic priority this year,” Climate policy is “the biggest economic priority this year,” Taras Kachka, Ukraine’s Trade representative, wrote yesterday from Brussels on Facebook. “The success of our cooperation with the EU for de...

“Shmyhal, German representatives of energy sector discuss European Green Deal,” Ukrinform, the state-owned news agency “Shmyhal, German representatives of energy sector discuss European Green Deal,” Ukrinform, the state-owned news agency, headlined a story Friday about a video conference with officials of Germany’s Fe...

With cold weather expected through the end of February, coal supplies are at dangerously low levels. With cold weather expected through the end of February, coal supplies are at dangerously low levels. DTEK Energy, responsible for 90% of Ukraine’s steam coal production, cut its coal production last y...

Concorde Capital’s Alexander Paraschiy wrote that the combination of prolonged cold weather and coal production cuts “has resulted in a risky situation in Ukraine’s energy sector.” Concorde Capital’s Alexander Paraschiy wrote that the combination of prolonged cold weather and coal production cuts “has resulted in a risky situation in Ukraine’s energy sector.” He warns that yeste...

DTEK is tripling its coal imports this month to 450,000 tons DTEK is tripling its coal imports this month to 450,000 tons, Maxim Timchenko, CEO of DTEK, Ukraine’s largest private power producer, told reporters yesterday. In addition to importing about 150,000 t...

Friday, November 13

The Government’s The Government’s Guaranteed Buyer says it has paid all for renewable energy generated in August and for 93% of power produced in September. The press service of the Ministry of Energy reports that the...

China’s Sinohydro Corporation Limited intends to file an international arbitration claim for Ukravtodor’s termination two weeks ago of its contract for construction of a bypass highway around Zhytomyr China’s Sinohydro Corporation Limited intends to file an international arbitration claim for Ukravtodor’s termination two weeks ago of its contract for construction of a bypass highway around Zhytomyr...