energyukraine

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

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...

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...

Friday, November 13

Wind and solar investments account for one quarter of the €49 billion of foreign direct investment in Ukraine since Independence in 1991. Wind and solar investments account for one quarter of the €49 billion of foreign direct investment in Ukraine since Independence in 1991. However, €660 million in unpaid electricity bills is forcing f...

Carl Sturen, the Swedish managing director of wind power developer Vindkraft, said: Carl Sturen, the Swedish managing director of wind power developer Vindkraft, said: “We are lagging behind on our payments and we definitely can’t wait.” Sergii Shakalov, CEO of Kness Group, a solar p...

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...

Coming as Ukraine seeks public-private partnerships with foreign road construction companies, Sinohydro says its treatment should serve as a warning. Coming as Ukraine seeks public-private partnerships with foreign road construction companies, Sinohydro says its treatment should serve as a warning. “It is difficult for the company to understand why...

The recent decision by Ukraine’s Constitutional Court to dismantle anti-corruption legislation is the biggest impediment to a restoration of IMF loans flows to Ukraine, The recent decision by Ukraine’s Constitutional Court to dismantle anti-corruption legislation is the biggest impediment to a restoration of IMF loans flows to Ukraine, Kyrylo Shevchenko, governor of ...

Concorde Capital’s Alexander Paraschiy reads between the lines of this “sobering statement” and concludes: Concorde Capital’s Alexander Paraschiy reads between the lines of this “sobering statement” and concludes: “No IMF tranche in 2020, meaning IMF-related financing of Ukraine’s 2020 budget deficit (from...

In London, Timothy Ash polled his Twitter followers about Ukraine’s IMF prospects. In London, Timothy Ash polled his Twitter followers about Ukraine’s IMF prospects. He posted on @tashecon this breakdown of the 260 replies: IMF money this year – 15%; IMF money in Q1 – 27%; IMF money...

Covid accomplishes what Zelenskiy cannot. Covid accomplishes what Zelenskiy cannot. Covid has paralyzed the Constitutional Court, with the majority of the 15-member court “either sick or awaiting test results because they have symptoms of cor...

Zelenskiy and his chief of staff, Andriy Yermak, are being treated for Covid at Feofania Clinic, Zelenskiy and his chief of staff, Andriy Yermak, are being treated for Covid at Feofania Clinic, the southern Kyiv hospital reserved for high level officials. Two ministers reported this week that the...

With the nationwide ‘weekend lockdown’ starting after midnight tonight, there is scattered resistance. With the nationwide ‘weekend lockdown’ starting after midnight tonight, there is scattered resistance. The leaders of Lviv, Rivne and Sloviansk say they will not follow the rules. Epicenter, one of th...

Upside of global warming Upside of global warming: the shipping season on the Dnipro will be extended by two weeks this year, to Dec. 1, reports the State Maritime and River Transport Service. The four northernmost locks R...

Ukraine will invest $70 million next year to revive regular production of aircraft at Antonov and to “master the full production of helicopters,” Ukraine will invest $70 million next year to revive regular production of aircraft at Antonov and to “master the full production of helicopters,” Prime Minister Shmyhal told the Cabinet Tuesday. The m...

Russia has decided to its close trade missions in two of its Western neighbors, Ukraine and Lithuania, and to open a mission in Syria. Russia has decided to its close trade missions in two of its Western neighbors, Ukraine and Lithuania, and to open a mission in Syria. Russia-Ukraine trade steadily dropped after 2014, the year Russia...

Russia’s last trade office in the Baltics was in Lithuania Russia’s last trade office in the Baltics was in Lithuania. Trade during the first half of this year dropped by almost one third, compared to the first half of 2019. An official note accompanying the ...