energy
The European Bank for Reconstruction and Development (EBRD) will allocate 200 million euros (almost $220 million) to strenghen Ukraine's energy security, the Finance Ministry said on July 16. A key goal of the investment is to help create strategic natural gas reserves at Naftogaz, Ukraine's state-owned energy company. The country's energy infrastructure has been heavily battered by Russia's regular aerial attacks, which also targeted Naftogaz's gas storage sites and other company facilities. "The EBRD is a leader in supporting energy efficiency initiatives. I am grateful (to them) for underst...
Kyiv Independent (CA)
The "anomalous heatwave" in Europe and Ukraine is pushing the electricity consumption in the country to its maximum level, state-owned energy operator Ukrenergo said on July 15. Ukrainian power plants lack the capacity to cover the growing demand, necessitating scheduled blackouts, Ukrenergo noted. The record-breaking heatwave that has engulfed Ukraine is expected to continue the following week, with maximum temperatures exceeding 40 degrees Celsius (over 104 degrees Fahrenheit). This has led to an increased use of electricity, namely for air conditioning, and put an even greater strain on Ukr...
Kyiv Independent (CA)
Editor’s Note: This is issue 139 of Ukrainian State-Owned Enterprises Weekly, covering events from July 1-6, 2024. The Kyiv Independent is reposting it with permission. Energy sectorRussia strikes at Ukrgasvydobuvannya’s facility in Poltava oblast, the company’s press office reported on July 4. Ukrgasvydobuvannya’s acting CEO Serhiy Lahno confirmed the death of one employee and multiple other injuries. From March 22 to June 19, Ukraine faced eight massive missile and drone strikes on energy facilities. See our Issues 124, 125, 127, 129, 131, 134, 136, and 137 for more detail. See our Issues 12...
Kyiv Independent (CA)
Through an agreement with the European Commission, Ukraine has received 5,876 solar panels to help power hospitals across the country, Ukraine's Energy Ministry announced to social media on July 2. As Russia's attacks on Ukrainian energy infrastructure have increased, Ukrainians continue to face lengthy, daily interruptions in access to electricity. The panels, which were produced by Italian manufacturer Enel, will produce a total capacity of approximately 2 megawatts of electricity for hospitals in Zhytomyr, Volyn, Khmelnytskyi, Kyiv, and Odesa oblasts, the Energy Ministry said. "In the condi...
Kyiv Independent (CA)
Editor’s Note: This article was published by the twice-weekly newsletter “The Counteroffensive with Tim Mak” on June 27, 2024, and has been re-published by the Kyiv Independent with permission. To subscribe to "The Counteroffensive," click here. When the explosions hit the thermal power plant, senior machinist Ihor* was at home, preparing for his shift. Living close to the plant, he heard the explosions clearly. Unlike most, Ihor moved toward the explosions. "One day you come in and see everything destroyed, and realize that all your work is gone,” said Ihor, who has worked at the plant for 24...
Kyiv Independent (CA)
Ukrainians will face lengthy, daily interruptions in electricity until the end of July as scheduled repairs at nuclear power plants put further strain on the country's already heavily damaged energy system, the head of grid operator Ukrenergo Volodymyr Kudritsky said. "The next week and even the next few weeks the situation will be much more difficult than today," he told Suspilne TV, adding that the heaviest blackouts will occur between 11 a.m. and 11 p.m. Repairs on reactor units on Ukraine's nuclear power plants necessitate the power cuts as Russian attacks have destroyed or damaged non-nuc...
Kyiv Independent (CA)
Editor’s Note: This is issue 135 of Ukrainian State-Owned Enterprises Weekly, covering events from June 2-8, 2024. The Kyiv Independent is reposting it with permission. The Cabinet approved the Reforms Matrix based on international partners’ recommendations on June 4. According to Prime Minister Denys Shmyhal, more than 200 reforms are planned for 2024. To monitor implementation, the Cabinet’s decision also defined 400 indicators and launched a special website for tracking progress. The Reforms Matrix consists of four structural documents: the European Commission’s Recommendations for Ukraine’...
Kyiv Independent (CA)
Ukraine’s recovery and reconstruction are impossible to separate from the country’s EU integration and accession aspirations. If the country wants to enter the EU, it will have to get its rules and regulations in line with the bloc, across every field. Many of these reforms will involve sectors central to the rebuilding of the country, namely construction and energy. Which is why the annual Ukraine recovery conference taking place in Berlin June 11-12 this year includes, among other things, an EU accession and reform track to push forward the reform process in Ukraine, and to move it toward it...
Kyiv Independent (CA)
Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia, Dnipro, Donetsk, Kirovohrad, and Ivano-Frankivsk oblasts, the Ukrainian Energy Ministry reported. This is Russia’s sixth massive drone strike on energy facilities since March 22, the ministry said. Because of the attack, Ukrenergo had to impose additional electricity rati...
Kyiv Independent (CA)
Ukraine implemented rolling blackouts on May 15 due to power shortages caused by Russian attacks, Ukraine's state-owned energy operator Ukrenergo announced. Moscow has recently intensified its missile and drone strikes against Ukraine's critical infrastructure, destroying several thermal power plants across the country. This included the Trypillia plant, the main electricity supplier to Kyiv, Zhytomyr, and Cherkasy oblasts. Earlier in the day, Ukrenergo introduced emergency shutdowns for industrial and domestic users from 7:25 to 10 p.m. local time across all regions of Ukraine. Limitations ar...
Kyiv Independent (CA)
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