Ukrhydroenergo

Thursday, August 1

Belgium allocates €9M for Ukrainian energy infrastructure, and Ukraine plans to build the first underground hydroelectric power station. The Government of Belgium and the United Nations Development Program (UNDP) concluded a €9M financial agreement, which will be directed to repairing Ukraine’s damaged energy infrastructure. Part...

Wednesday, July 17

Ukrainians will have to live with blackouts for a long time: there is a lack of time and money to restore generation. The Economist notes the difficult situation: “There is too little time left and too few billions of dollars needed to install several hundred small power plants, restore bombed-out facilities, o...

Thursday, June 20

Restoration of one MW of generation capacity costs approximately $1M; Ukraine will require billions to restore its energy system. Distributed power generation, said NBU Deputy Head Kateryna Rozhkova, that will be used to restore power generation capacities will cost Ukraine billions of dollars. She explained that restoring one M...

Thursday, June 13

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 ...

Friday, June 7

Ukraine lost $11B in the terrorist act at the Kakhovka HPP; reconstruction of the dam will take up to seven years. The Russians caused $11B in damage to Ukraine when it blew up the Kakhovka HPP, which occurred on June 6, 2023. About 100,000 Ukrainians and 140,000 residents of the region were affected by the dam...

Thursday, June 6

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...

Friday, May 10

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...

Tuesday, April 30

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...

Monday, March 25

Over the March 22-24 weekend, Russia carried out one of its largest attacks on Ukraine. In their attack on Ukraine, Russia launched 151 separate aerial weapons with a total cost of $677M. Ukraine’s defenses destroyed 55 drones and 37 missiles. As a result of the attack, energy facilities...

Thursday, March 21

The EIB has increased investment in Ukraine by 700% and plans to allocate €100M for the restoration of hydropower. In 2023, the European Investment Bank increased project financing in Ukraine by 700% compared to the previous year, up to €262M. The main direction for this financing was €133M to restore damaged crit...

Wednesday, June 7

Russia blew up a major hydroelectric power station, the Nova Kakhovka dam. On June 6, around three o’clock in the morning, Russian terrorists blew up the dam and the engine room of the Kakhovka HPP, located near the town of Nova Kakhovka in the temporarily occupied Khe...

Monday, May 1

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...

Monday, August 15

Ukrhydroenergo will produce hydrogen at the beginning of next year. Ukrhydroenergo expects to sign a contract with the German companies Andritz Hydro and MAN Energy Solutions in September of this year to supply hydrogen, utilizing a 1 MW electrolyzer. This was reporte...

Friday, June 24

Ukrenergo has received the first €50M from the EBRD to increase liquidity. State company Ukrenergo has received the first €50M from the European Bank for Reconstruction and Development (EBRD). It is provided under credit agreements to increase liquidity, and is planned to co...

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 ...

Monday, January 11

Gazprom re-starts construction of Nord Stream 2 on Friday Gazprom re-starts construction of Nord Stream 2 on Friday, using a flotilla of three Russian boats capable of finishing the Russia to Germany gas line by May, The Financial Times reports from Moscow a...

“The US sanctions will delay the launch of the project, but will not stop its completion,” “The US sanctions will delay the launch of the project, but will not stop its completion,” predicts Naz Masraff, Europe director at Eurasia Group. “Ultimately, Moscow, with the help of Berlin, will fi...

With Russian gas transit across Ukraine only guaranteed through 2024, Ukraine’s pipeline operator is negotiating alternatives: With Russian gas transit across Ukraine only guaranteed through 2024, Ukraine’s pipeline operator is negotiating alternatives: storage of gas from new LNG terminals in the Baltic and Adriatic, and tra...

Pro-Russian politicians promoting Russia’s coronavirus vaccine are making advances as the West delays sending its own vaccines to Ukraine Pro-Russian politicians promoting Russia’s coronavirus vaccine are making advances as the West delays sending its own vaccines to Ukraine, The New York Times reports in a story headlined: “In Vaccine ...

Alfa-Bank Ukraine forecasts the 2020 year-end foreign direct investment figure will be $0.00 billion Alfa-Bank Ukraine forecasts the 2020 year-end foreign direct investment figure will be $0.00 billion. By contrast, net FDI inflow was $5.2 billion in 2019 and $4.5 billion in 2018.

Lack of rule of law, unpaid debts to solar and wind investors, and last year’s purge of internationally-known reformers from government make for bleak prospects for inbound investment this year Lack of rule of law, unpaid debts to solar and wind investors, and last year’s purge of internationally-known reformers from government make for bleak prospects for inbound investment this year, Ander...

By the end of next year, Ukrhydroenergo plans to put into operation at its hydro plants energy storage systems with capacity of 212 MW By the end of next year, Ukrhydroenergo plans to put into operation at its hydro plants energy storage systems with capacity of 212 MW and solar power plants with a capacity of 65 MW, says Ihor Syrota...

DTEK is opening “an investment hub” in London to attract investments for renewable energy projects in the Ukraine and in the EU, DTEK is opening “an investment hub” in London to attract investments for renewable energy projects in the Ukraine and in the EU, the company reports. “We created a hub to attract investment in new ene...

Turkey and Ukraine are working on “more than 30 joint projects” for production of military equipment, Turkey and Ukraine are working on “more than 30 joint projects” for production of military equipment, Ukraine’s Ambassador to Turkey Andrii Sybiha says in a lengthy written said interview with Defense...

A Turkey-Ukraine-Poland container route is in the pipeline for 2021 A Turkey-Ukraine-Poland container route is in the pipeline for 2021 as Ukrferry and Ferrplus have signed an agreement with Ukrzaliznytsia’s Lisky terminal in Kyiv. In a multimodal route, containers wi...

On the first anniversary of the shootdown of the UIA passenger jet over Tehran On the first anniversary of the shootdown of the UIA passenger jet over Tehran, Ukraine joined Afghanistan, Canada, Sweden the UK in stating: “Our countries will hold Iran to account to deliver justic...

Ryanair is suspending about 70% of its flights out of Kyiv Borsypil until April Ryanair is suspending about 70% of its flights out of Kyiv Borsypil until April, according to an analysis of the discount airline’s booking system by avianews.com. Until spring, only three out o...