The government and energy companies assess Ukraine’s readiness for winter. Considering gas consumption by power plants, Ukraine will have enough resources for the upcoming winter season, Energy Minister Herman Galushchenko assured the public. According to him, Ukraine has ag... #DTEK #energyukraine #GasstorageUkraine #GermanGalushchenko #HeatingSeason #Naftogaz #Ukrenergo
Ukraine must stop the accumulation of debts in green energy payments because it harms investment. The situation with debt in the renewable energy market is still critical, so the state should find ways to solve this problem and prevent it from becoming an obstacle to attracting investment in the g... #energyukraine #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergy #RESinvestments #Ukrenergo
The IMF adds more beacons to Ukraine’s updated memorandum. The National Anti-Corruption Bureau audit was postponed from the end of September to the end of January 2025, and changes to the Criminal Procedure Code were delayed from the end of October 2024 to th... #CustomsUkraine #imf #IMFStructuralBeacons #ReformsinUkraine #Ukrenergo
Opinions of Ukrainian energy experts differ on the duration of winter blackouts. A generation deficit in winter and blackouts are unavoidable, and in the best-case scenario, there will be no electricity for up to five hours a day, said DTEK. And this is provided that Russia inflic... #DTEK #ElectricityDeficitUkraine #energyukraine #OleksiyBrecht #Ukrenergo #VolodymyrKudrytskyi
Companies financially confirm their intentions to build energy storage systems in Ukraine. As reported in Ukrenergo, 11 out of 13 winning companies in relevant auctions have deposited funds into escrow accounts. In this way, the companies financially guaranteed the construction of 99 MW of ... #EnergyInvestments #EnergyStorageUkraine #energyukraine #Ukrenergo
The IMF agrees to provide Ukraine with another $1.1B, but there are conditions. After the IMF’s Executive Board approves this agreement, Ukraine will receive another $1.1B tranche. As of the end of June, Ukraine has fulfilled all quantitative criteria and structural beacons... #GavinGray #imf #IMFStructuralBeacons #ReformsinUkraine #Ukrenergo
How is Ukraine preparing for winter in anticipation of new energy sector attacks? Russia is preparing for continued missile and drone attacks on Ukraine’s energyinfrastructure, Prime Minister Denys Shmyhal said. At the same time, Ukraine is preparing for the new heating seaso... #DenysShmyhal #ebrd #EnergyRestore #energyukraine #HeatingSeason #Sweden #Ukrenergo
Ukraine will need up to €13B to build a sustainable energy system. Chairman of the Board of Ukrenergo, Volodymyr Kudrytskyi, said that in order to build a power system resistant to possible attacks, Ukraine must build more than 12 GW of capacity in the coming years, ... #ElectricityGeneration #energyukraine #SolarEnergyUkraine #Ukrenergo #VolodymyrKudrytskyi #WindEnergy
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 most challenging period for the energy industry is behind it; the EU is considering increasing Ukraine’s imported electricity. According to the Chairman of the Board of Ukrenergo, Volodymyr Kudrytskyi, “We have every reason to expect that the most difficult period of the summer in the energy industry is behind us.”... #ElectricityDeficitUkraine #energyukraine #ENTSO-E #UkraineElectricityImport #Ukrenergo #VolodymyrKudrytskyi
The EU will provide Ukrenergo a €100M grant for the energy system’s restoration and protection. State energy company Ukrenergo and the German State Development Bank KfW in Ukraine signed a €100M grant agreement. It is noted that the EC authorized KfW to direct the funds from the special EU budge... #EnergyRestore #energyukraine #KfW #UkraineInvestmentFacility #Ukrenergo
Ukrenergo will purchase electricity from businesses investing in distributed generation. State company Ukrenergo will buy electricity in advance from businesses building distributed generation facilities, even those under construction, said Chairman of the Management Board Volodymyr Kudry... #DistributedGeneration #ElectricityAuction #energyukraine #Ukrenergo #VolodymyrKudrytskyi
Ukraine owes green power generation investors about $711.2M. The state enterprise Guaranteed Buyer is ₴28.9B ($711.19M) in arrears to renewable energy investors under its green tariff obligations. As reported by the state-owned enterprise, the debt is a consequ... #energyukraine #GreenEnergyUkraine #GuaranteedBuyer #GuaranteedBuyerDebt #RenewableEnergy #Ukrenergo
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
German companies are building wind and solar power plants in Ukraine, and the country urgently needs 5-6 GW of new generation. The German company Notus Energy is implementing a 300 MW wind farm project in the Odesa region, the first stage of which will be 120 MW, the company’s top manager said at URC2024. The first phase of w... #EnergyInvestments #GoldbeckSolar #NotusEnergy #SolarEnergy #Ukrenergo #WindEnergyUkraine
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
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
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
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
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
Ukraine has fully synchronized its energy system with the European Union. The process of synchronizing the energy systems of Ukraine and the EU has been fully completed, and the capacity for importing electricity from Europe has been increased to 1,700 MW, reported the head... #ENTSO-E #UkraineENergySystem #Ukrenergo #VolodymyrKudrytskyi
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
Ukraine needs $15B for large-scale energy infrastructure modernization. To increase the capacity and flexibility of the energy system, Ukraine needs about $15B in investment, of which $5.4B would be invested in wind power plants, $2.5B in solar power plants, $2.3B in ther... #GeneralElectric #TetraTech #UkraineEnergyExport #UkraineENergySystem #Ukrenergo
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
The conference on the restoration of Ukraine’s energy system has started in Warsaw, and the first agreement has been signed with the Swedes. On the initiative of the Ministry of Energy of Ukraine, the international conference Energy for the Recovery of Ukraine is being held in Warsaw on November 14-15. Representatives of more than 500 comp... #EnergyInfrastructure #energyukraine #IngridCapacityAB #Ukrenergo
The new price caps on the electricity market will make it profitable to import electricity in the winter, but to unify the energy grid with the European one, they must be canceled and prices equalized. The National Commission for Regulation in the Energy and Utilities Sectors has declared the need to abolish price restrictions on the electricity market (price caps) in 2024. As Forbes reminds its rea... #ElectricityUkraine #energyukraine #Ukrenergo
Players of the Ukrainian electricity market have accumulated more than ₴60B in debt. The total debt between various energy market participants exceeds ₴60B, said the Chairman of the Board of Ukrenergo, Volodymyr Kudrytskyi. “Market participants owe us for electricity transmissio... #energyukraine #GuaranteedBuyer #UkraineENergySystem #Ukrenergo #VolodymyrKudrytskyi
The state’s debt to green energy producers has increased to ₴30B. State-owned Ukrenergo’s debt to renewable energy producers under the green tariff has reached ₴29.9B ($820M), reported the Guaranteed Buyer. As of August 1, the company’s debt to the Guaranteed ... #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergy #Ukrenergo
Ukrenergo seeks up to a $200M loan from the EBRD to pay its debts to RES producers. According to the chairman of the Ukrainian Renewable Energy Association board, Stanislav Ignatyev, there are debts between state-owned energy enterprises. In particular, the system operator Ukrenergo ... #EBRDloan #GreenEnergyUkraine #GuaranteedBuyer #Ukrenergo
Ukraine is preparing to unify its electricity market with the EU. The Ukraine market operator has developed a draft law to unify the electricity markets of Ukraine and the EU, said the company’s general director, Oleksandr Gavva. The main goal is to increase t... #energyukraine #EUelectricityMarket #OleksandrGavva #UkraineENergySystem #Ukrenergo
Ukraine has reached agreement on electricity export-import rules with three countries. The National Commission for the Energy Market and Communal Services agreed on the specifics for the distribution of interstate crossing capacity between Ukraine and Poland, Ukraine and Slovakia, as we... #electricityExport #ElectricityImport #energyukraine #Ukrenergo
The Tyligulska wind power plant have started selling electricity on market terms. As of September 1, the WPP abandoned the terms of the state’s Guaranteed Buyer and began selling electricity on market terms, according to the DTEK. This allows renewable energy companies to rec... #energyukraine #GreenEnergyUkraine #GuaranteedBuyer #Ukrenergo #WindPowerPlant
Ukraine’s energy regulator plans to resume debt repayments to clean energy producers. The National Commission for Regulation of the Energy Market has approved changes to a resolution approving legal acts that regulate the activities of the Guaranteed Buyer and the purchase of electrici... #GreenEnergyUkraine #GuaranteedBuyer #UkraineENergySystem #Ukrenergo
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
The state has again increased its debt to producers of green electricity. In April, Ukraine’s debt to RES suppliers grew by 10% and exceeds UAH 18B ($491M), according to data from the state-owned enterprise, Guaranteed Buyer. As of May 22, the state company purchased 2.3 mi... #energyukraine #GreenEnergyUkraine #GuaranteedBuyer #RenewableEnergy #Ukrenergo
On May 9, Russia shook Ukraine with a new missile attack. According to Ukrenergo and the Ministry of Energy, it was possible to avoid damage to power plants and main energy networks. On Tuesday night the enemy attacked Ukrainian territory with sea- and air-b... #MissileAttackOnUkraine #UkraineENergySystem #Ukrenergo #WarinUkraine
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
The smooth export of electricity from Ukraine to the EU is being hindered by bureaucracy. According to Ukrenergo, there is no procedure for holding joint auctions for access to interstate crossings, and the National Energy Market Regulation Commission is delaying the approval of this proce... #UkraineElectricityExport #Ukrenergo
Ukraine resumes electricity exports to Moldova, followed by Poland and Slovakia. The first auction for the allocation of interstate network capacity for the export of electricity to Moldova was held on April 11, announced Ukrenergo. According to the auction results, 330 MW of the ... #UkraineElectricityExport #Ukrenergo
Due to war, it is difficult for the state to fully pay for the electricity produced by renewable energy sources. The payments from the state-owned enterprise Guaranteed Buyer for electricity produced in Ukraine from renewable energy sources (RES) has continued to decrease, and in March decreased to 49.9%. As the... #GuaranteedBuyer #RenewableEnergyUkraine #Ukrenergo
The EU has decided to increase electricity exports to Ukraine. On February 14, European energy system ENTSO-E operators agreed to increase the throughput capacity for electricity supply to Ukraine. From now on, as Ukrenergo noted, the technical possibility of imp... #ElectricityImportUkraine #ENTSO-E #Ukrenergo
Ukrainian energy companies manage to provide 80% of Ukraine’s electricity needs. As of February 2, Ukraine’s power system generating capacity is sufficient to cover about 80% of consumers’ electricity needs. The loss of generation capacity in the aftermath of the Russian mis... #ElectricityDeficitUkraine #UkraineENergySystem #Ukrenergo
Energy companies were obliged to pay debts to the owners of domestic SPPs in Ukraine. The National Commission for Regulation of the Energy Market obliged state company Ukrenergo to pay their debts to the owners of domestic solar power plants. In particular, the commission canceled the ... #SolarEnergyUkraine #UkraineENergySystem #Ukrenergo
Night generation covers Ukraine’s need for electricity consumption. The state Energy company Ukrenergo recorded an increase in consumption due to the gradual cooling of temperatures and intensification of industry and business activity after the holidays. However, for... #ElectricityDeficitUkraine #UkraineENergySystem #Ukrenergo
The energy system is in poor condition and power outages may be be extended. Ukraine’s power system is in a difficult situation, emergency power outages are ongoing in 10 regions, and recovery may take a long time, reported the state energy company, Ukrenergo. The operat... #DroneAttackOnUkraine #UkraineENergySystem #Ukrenergo
Ukraine plans to double commercial electricity tariffs. The national energy company, Ukrenergo, has proposed an increase in tariffs for the transmission of electricity and for dispatching management beginning January 1, 2023. In particular, the company of... #CommercialEelectricityTariffs #ElectricitypricesUkraine #Ukrenergo
Ukraine is considering the possibility of renting floating thermal power plants. The Turkish company Karpowership, which owns the world’s largest fleet of energy barges, is negotiating to place three of them in Odesa, the company’s top manager Zeynep Kharezi said. Acco... #FfloatingTPP #Karpowership #Ukrenergo #ZeynepKharezi
