For the first time, a green auction will be held in Ukraine to stimulate renewable energy development. For the first time in Ukraine, state-owned enterprise Guaranteed Buyer has announced an online auction on October 31 to distribute support quotas for enterprises producing electricity using alternativ... #GuaranteedBuyer #RenewableEnergy #RESinvestments #UkraineEnergy #UkraineGreenEnergy
Elementum Energy plans to build 400 MW of wind power generation in Ukraine at a cost of €500M. Elementum Energy, owned by VR Capital, plans to build wind power plants with a capacity of about 400 MW in the south and west of Ukraine in the coming years. Elementum Energy previously announced the... #ElementumEnergy #EnergyInvestments #Odesa #RESinvestments #UkraineEnergy #WindEnergy
The EU will help Ukraine secure 4.5 GW of generation capacity and will provide an additional €160M to get through the winter. The EU will help Ukraine repair 2.5 GW of capacity this winter and export 2 GW of electricity to Ukraine. With these actions, the EU will cover more than 25% of Ukraine’s energy needs for the co... #EnergyRestore #HeatingSeason #SupportUkraine #UkraineEnergy #UrsulavonderLeyen
Ukraine will resume electricity exports during peak hours of RES generation. According to Ukrenergo, the mild heat in Ukraine has led to a significant decrease in electricity consumption. In addition, a 1 GW power unit at a nuclear power plant has been returned to the power sy... #ElectricityExports #UkraineEnergy
Banks have issued ₴4B in loans to restore Ukraine’s energy infrastructure, but medium-sized businesses refuse to construct generation capacity and are preparing for downtime. Since the beginning of June, banks have received 1,356 loan applications for energy infrastructure restoration projects totaling ₴40.1B. The NBU confirmed the approval of applications totaling ₴3.97B ... #AndriiPyshnyi #DTEK #EnergyDecentralization #EnergyRestore #LoansforBusiness #nbu #UkraineEnergy
Businesses account for 80% Ukrainian electricity imports. Ukrenergo notes that a significant electricity deficit is present for most hours of the day, and the import crossing is almost fully loaded with 1650-1700 MW out of the 1700 MW allowed. 80% of this ca... #ElectricityDeficitUkraine #ElectricityImport #ENTSO-E #UkraineEnergy #Ukrenergo
The US and its partners continue to support the reconstruction of the Ukrainian energy industry as winter looms; the import of electricity will cost Ukraine more than $1B. US Ambassador to Ukraine Bridget Brink said that USAID purchased 18 autotransformers for the Ukrainian power grid. The US is also supporting Ukraine’s intention to resume the construction of add... #BridgetBrink #ElectricityImport #EnergyRestore #MykolaKolisnyk #nbu #UkraineEnergy #USAID
DTEK names four critical factors for getting through the winter and its plans to restore up to 70% of Ukraine’s damaged generation capacity. To get through the next winter, it is necessary to have sufficient air defenses, restore a significant amount of generation, increase electricity import capacity (from 1.7 GW to 2.2 GW or even 2.7 GW)... #AirDefenseSystems #DmytroSakharuk #DTEK #EnergyRestore #HeatingSeasonUkraine #UkraineEnergy #UkraineEnergyLosses
Ukraine has accumulated 10 billion cubic meters of gas to get through the winter season; Russian strikes will not affect the injection rate. More than 10 billion cubic meters of gas have already been stored in Ukrainian underground storage facilities in preparation for the heating season. This pace of gas accumulation makes it possible to ... #GasstorageUkraine #HeatingSeasonUkraine #Naftogaz #Naturalgas #OleksiyChernyshov #UkraineEnergy
Ukraine has lost the capacity of Europe’s largest nuclear power plant for a decade. The Zaporizhia nuclear power plant will be able to be restarted only seven to eight years after liberation, as it depends on the reconstruction of the Kakhovka hydroelectric power plant, said Prime Mi... #KakhovkaHPP #NuclearEnergyUkraine #UkraineEnergy #UkraineEnergyLosses #zaporizhzhiaNPP
Poland is ready to produce electricity for Ukraine at its TPPs. Polish Prime Minister Donald Tusk proposed using Polish coal-fired power plants to generate energy for Ukraine’s needs. “Currently, we are working to burn Polish coal, which we currently h... #DonaldTusk #ElectricityImportUkraine #Poland #UkraineEnergy #UkraineEnergyLosses
The government has approved an energy development plan that is required to join the EU. The Cabinet of Ministers approved the National Energy and Climate Plan (NECP) for the period until 2030. The plan coordinates environmental, energy, and economic policies for Ukraine’s sustainab... #DecarbonizationUkraine #EuropeanIntegration #ReformsinUkraine #UkraineEnergy #YuliyaSvyridenko
The largest banks in Ukraine have agreed on preferential lending to restore energy infrastructure; they will finance projects up to €25M. During a banking forum, 17 of Ukraine’s largest banks signed a memorandum on preferential lending for energy infrastructure restoration projects. The memorandum was signed by banks whose net ass... #EnergyRestore #Lending #LoansforBusiness #PiraeusBank #PiraeusBankUkraine #RenewableEnergy #UkraineEnergy #UkrainianBanks
During the war, Ukrainian power generation lost more than 40 GW of capacity. During the full-scale invasion, due to occupation and destruction, Ukraine has lost more than 40 GW of electricity generation capacity, said Yasno CEO Serhiy Kovalenko. He notes that Ukraine’s e... #RussianAggression #SerhiyKovalenko #UkraineEnergy #UkraineEnergyLosses #YASNO
The US announced $1.5B for Ukraine’s energy sector at the Peace Summit. During a meeting with Volodymyr Zelenskyy in Switzerland, US Vice President Kamala Harris announced a new energy aid package to be provided by USAID and the State Department. In particular, USAID is p... #KamalaHarris #PeaceSummit #SupportUkraine #UkraineEnergy #UkraineRecovery #USAID
The US Department of State believes Ukraine can become a natural green energy bank for the EU. US Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, stated at the Ukraine Recovery Conference in Berlin: “We need to change the paradigm of how we see Ukraine’s energy fu... #EnergyIndependence #GeoffreyPyatt #hydrogenEnergy #RenewableEnergy #UkraineEnergy #URC2024
Restoration of Ukraine’s energy system: What was agreed upon at URC2024? Ukrenergo signed a €15M grant agreement with the German state development bank, KfW. The company said the funds would be used to purchase critical equipment and restore high-voltage substations after ... #AECOM #EnergyInfrastructure #KfW #UkraineEnergy #Ukrenergo #Ukrhydroenergo
Ukraine’s energy sector has lost $56B through the war. As a result of the Russian Federation’s full-scale invasion, Ukraine’s energy sector has suffered direct and indirect financial losses in the amount of $56.2B, while the cost of reconstruction, which ... #ElectricityGeneration #EnergyInfrastructure #UkraineEnergy #UkraineEnergyLosses
Ukrainian government and businesses are working to restore the energy facilities that was destroyed by the Russians. As a result of shelling, Ukraine lost 50% of its power generation capacity. Prime Minister Denys Shmyhal noted that 42 thermal power units were destroyed, 27% of large TPPs are working, 73% are curren... #DenysShmyhal #ElectricityImport #UkraineEnergy #UkraineEnergyLosses #UkraineRecovery #UkrainianRailways
The Ukrainian leader in biogas energy generation is unable to restore operations at three TPPs using biomass. The Clear Energy group of companies, which is engaged in the construction and operation of bio-thermal power plants, wind turbines, and thermal power plants, never managed to put its biomass thermal p... #BioGas #BiomassEnergy #ClearEnergy #RenewableEnergy #UkraineEnergy
Russia has taken out 35 GW of Ukraine’s electricity generation capability since the beginning of the war. So far, the Russian Federation has destroyed over 60% of Ukraine’s electricity production in over two years, decreasing generation from 55 to 20 GW. Currently, Ukrainian energy companies limit electri... #EnergyInfrastructure #RussianAttackonUkraine #UkraineEnergy #UkraineEnergyLosses #WarinUkraine
The EBRD is developing options for energy assistance to help Ukraine survive next winter. The EBRD’s main goal is to increase the energy system’s flexibility and restore heating where Russian strikes destroyed generating capacity, said a senior banker in the EBRD’s energy depar... #ebrd #gaselectricity #NuclearEnergyUkraine #RenewableEnergyUkraine #UkraineEnergy #UkraineENergySystem
Ukraine has excellent energy export potential. What’s standing in the way? To build new energy-generation facilities in Ukraine, it is necessary to create conditions for investment in the energy industry, noted economist Kyrylo Kryvolap. He added that Ukraine has great expor... #EnergyExport #EnergyInvestments #UkraineEnergy
Ukraine will develop a market for energy conservation systems with investments totaling more than $500M. In 2023, transmission system operator Ukrenergo issued a record 11 sets of technical requirements for the construction of industrial energy conservation systems. In particular, the largest fuel compan... #EnergyStorageUkraine #KNESS #MHPecoEnergy #okko #RESinvestments #UkraineEnergy #Ukrenergo
Ukraine must build over 10 GW of new production capacity in 10 years. According to Ukrenergo Chairman of the Board Volodymyr Kudrytskyi, Ukraine can build new power plants and join the European electricity market in less than 10 years. This requires appropriate market a... #EnergyProduction #GreenEnergyUkraine #UkraineEnergy #Ukrenergo #VolodymyrKudrytskyi
The investment potential of Ukraine’s energy efficiency sector exceeds $27B. This is currently the largest project in Europe for the qualitative reconstruction of communities and the economy based on modern world trends and technologies, explained the head of the State Energy ... #COP28 #DecarbonizationUkraine #EnergyInvestments #HannaZamazeyeva #UkraineEnergy
Energy for the Recovery of Ukraine conference results: European ministers assure Ukraine of their support, Hyundai will develop power grids, and Denmark provides €7M. At the conference in Warsaw, the energy ministers of several European countries assured Ukraine they will help in the face of Russian aggression, and the businesses of these countries are interested i... #EnergyInfrastructure #KadriSimson #UkraineEnergy #UkraineRecovery #Ukrenergo
Production and sale of nuclear generated electricity in Ukraine decreased by 25%. According to results from 2022 and the first half of 2023, Energoatom’s electricity production and sales volumes fell by a quarter, said the vice president of the state enterprise, Hartmut Jacob... #Energoatom #NuclearEnergyUkraine #UkraineEnergy #zaporizhzhiaNPP
The operator of the Gas Transportation System of Ukraine will become an electricity producer. The Ukrainian Parliament adopted a law that optimizes the ownership structure of the GTSU Operator. This step will make it possible to change the profile of some compressor stations to gas power stati... #SerhiyMakogon #UkraineEnergy #UkraineENergySystem #UkraineGTS
The Ukrainian state energy company has attracted about $1B from partners for restoration. As specified by Ukrenergo, the money will be provided through loans and grants to restore the country’s energy supply. The chairman of the board, Volodymyr Kudrytsky, noted on the air of a telet... #UkraineEnergy #Ukrenergo #VolodymyrKudrytskyi
Fitch has confirmed the likely default of the Ukrainian energy company. The Fitch Ratings agency confirmed the long-term default rating for the NEC Ukrenergo electricity system company at the CC level (probable default) and the priority unsecured rating of its $825M in st... #FitchRatings #UkraineEnergy #Ukrenergo
Despite hostilities and damaged infrastructure, Ukraine has no electricity shortages. Ukraine’s energy system has enough capacity to cover the needs of all consumers; nuclear generation produces almost 46% of all electricity, reported the Ministry of Energy’s press service. The electri... #GreenEnergyUkraine #NuclearEnergyUkraine #UkraineEnergy #UkraineENergySystem
The Ukrainian regulator has issued a license for energy storage and allowed biogas producers to transfer it to the GTS. The National Commission for the Regulation of the Energy Market issued the first-ever license for conducting business activities in energy storage. The Budpower company, a subsidiary of the Vinnytsia ... #biomethaneinUkraine #BudpowerCompany #KNESS #UkraineEnergy #UkraineGTS
Ukraine will increase electricity imports from the EU to two GW due to the Kakhovka HPP disaster. The corresponding initiative was announced by the head of the Ministry of Energy, Herman Galushchenko. Even though the station did not supply electricity to Ukraine’s power system after the occupation... #HermanGalushchenko #KadriSimson #KakhovkaHPP #KakhovkaHPPdestruction #UkraineEnergy #UkraineENergySystem
Ukraine and Germany have launched a powerful €2M green recovery project. A joint Ukrainian-German project, the Renewable Energy Sources for a Sustainable Ukraine – R2U, has been undertaken to benefit Ukrainian communities. This is the first stage, involving the imple... #R2Uproject #RenewableEnergy #SolarEnergyUkraine #UkraineEnergy
Ukraine has adopted an EU standard for injecting biomethane into its gas networks. The Ukrainian Research and Training Center approved the corresponding Standardization, Certification, and Quality Problems document. The standard was developed based on the current EU protocol, noted ... #biomethaneinUkraine #BiomethaneStandard #BiomethaneTransportation #UkraineEnergy
Ukraine can guarantee the transportation of 42 million cubic meters of gas per day from the EU and 300 million from Ukraine to Europe, the GTS Operator reported. The company’s GM, Dmytro Lippa, noted that EU gas storage facilities are filling up faster than last year, and most of them are already reserved until the end of 2023.... #DmytroLippa #GasstorageUkraine #GasTransit #UkraineEnergy #UkrainianGTS
Ukraine plans to launch the State Fund for Decarbonization and Energy Efficient Transformation. “The creation of the Fund is a signal to international partners that our country is developing according to European principles. This includes the reduction of harmful CO2 emissions and investments in... #DecarbonizationUkraine #EnergyEfficient #GreenENergy #OleksandrKubrakov #UkraineEnergy
Ukraine has launched an updated transmission line to export electricity to Poland. Ukrainian and Polish technicians carried out modernization efforts, and the line has been in operation, having since passed the three-day test period, Prime Minister Denys Shmyhal said. He emphasized ... #UkraineElectricityExport #UkraineEnergy #Ukrenergo #VolodymyrKudrytskyi
Ukraine’s new energy strategy is based on nuclear power plants and renewable sources. On May 1, the Cabinet of Ministers approved the new Energy Strategy of Ukraine until 2050, with the intent of becoming carbon neutral by 2050. This means reducing the use of coal and focusing on devel... #NuclearEnergyUkraine #RenewableEnergy #UkraineEnergy
Ukrhydroenergo will start electricity export to Moldova in May. The Moldovan state company, Energocom, signed a contract with the Ukrainian state company, Ukrhydroenergo, to supply 30,000 MWh of electricity in May 2023. “In May, SA Energocom will purchase 29... #EnergoCom #UkraineElectricityExport #UkraineEnergy #Ukrhydroenergo
Ukraine has become an associate member of the International Energy Agency. The corresponding joint declaration was signed in Warsaw by Energy Minister Herman Galushchenko and Executive Director of the IEA Fatih Birol, Ukrinform reports. “We have to win the energy war w... #HermanGalushchenko #IEA #UkraineEnergy
The Ukrainian government has banned the export of fuel oil, Ukrainian gas, and coal. The government has amended the list of goods whose exports and imports are subject to licensing and quotas for 2022. Exports of Ukrainian coal, fuel oil, and gas are subject to licensing, but quotas h... #EnergyExport #UkraineEnergy #UkrainianGas
The restoration of a power line will increase Ukraine’s export potential. Replacing the overhead transmission line between Ukraine and Poland will increase Ukraine’s export potential by at least a quarter, said Ukrenergo Chairman Volodymyr Kudrytskyi. “We will ... #EnergyExport #UkraineEnergy #UkraineEnergyExport
Ukraine can completely abandon gas imports with increased production. Ukraine has a real opportunity to completely cease importing gas by developing its production, including biogas, as stated by General Director of GTS Ukraine Serhiy Makogon. According to him, Ukraine... #BioGas #GasImports #GasProduction #SerhiyMakogon #UkraineEnergy #UkraineGasProduction
Ukraine is cooperating with the Energy Community to implement the fourth energy package. Together with the Ministry of Energy, the State Agency for Energy Efficiency has developed a questionnaire for the Energy Community, which will determine the necessary legislative changes to implement... #CleanEnergy #EnergyCommunity #EUenergy #RES #UkraineEnergy
The Guaranteed Buyer has announced green energy auctions. Ukraine’s State Enterprise Guaranteed Buyer invites market participants to participate in auctions to sell green electricity on May 31 and June 1. Guaranteed Buyer announced “We invite all parti... #EnergyAuction #GreenENergy #GuaranteedBuyer #RESukraine #UkraineEnergy #UkrainianEnergyExchange
Ukraine can replace some of the Russian gas exports to the EU. The Ukraine Ministry of Energy estimates that the export of electricity from Ukraine can replace 17% of Russian gas supplies to the European Union, said Deputy Minister Mykola Kolisnyk. It is noted th... #GasEU #gasstorage #UkraineElectricity #UkraineEnergy
Guaranteed Buyer’s debt to renewable energy producers is still a critical issue. According to DTEK Energy, As of February 17, the debt situation in the Ukrainian wholesale electricity market remains critical. Since the beginning of the month, debt to RES producers amounted to UAH... #GuaranteedBuyer #GuaranteedBuyerDebt #RES #RESukraine #UkraineEnergy
Ukrainian storage facilities can become a “gas safe” for Europe. The Prime Minister of Ukraine, Denis Shmyhal, said that Ukraine could contribute to a more stable gas situation for Europe by providing part of Ukraine’s underground storage facilities as a gas... #gasstorage #GasStorageinUkraine #UkraineEnergy
