The reconstruction of Ukraine's energy grid, the shift to decentralized, renewable infrastructure and all other news about energy.
Ukraine's state-owned Oschadbank and the energy trading firm Energy Company of Ukraine (ECU), also state-owned, have established a joint program to make it easier to lend to and implement new energy projects in Ukraine's local communities. The ECU will analyze the economic and technical
Ukraine's largest private power producer DTEK seeks to sign long-term import contracts for liquefied natural gas (LNG) next month with US companies Venture Global or Cheniere Energy to supply Ukraine and neighboring Slovakia, Poland and Hungary, CEO Maxim Timchenko told Reuters in an interview. "It'
The Canadian government said it will provide a total of nearly CAD 17o million ($120 million) to Ukraine to repair the country's infrastructure and address its humanitarian needs. CAD 50 million will be allocated for the overhaul and replacement of damaged energy equipment and critical infrastructure in Ukraine.
The European Commission (EC) has proposed a new support package for Ukraine to strengthen its energy system and facilitate full integration into the European energy market as well as accelerate domestic renewable power production. The package, whose financial details have not been disclosed, includes Ukraine's electricity market integration
Ukraine plans to launch a pilot phase of a proposed national greenhouse gas (GHG) emissions trading system in 2028, the country's Ministry of Environmental Protection and Natural Resources said. The GHG trading system is a market-based mechanism that sets an overall limit on greenhouse gas emissions for
Ukraine plans to buy two nuclear reactors from the US-headquartered nuclear power firm Westinghouse Electric Company to expand its Khmelnytskyi nuclear power plant (NPP), the state-owned operator of Ukraine's nuclear power plants Energoatom sad. The expansion of the Khmelnytskyi NPP will include the construction of two
A Ukrainian government delegation led by Economy Minister Yulia Svyrydenko began a visit to Saudi Arabia by presenting business opportunities with a total investment potential of $500 million to nearly 100 local entrepreneurs. "We presented projects in energy, agriculture, and infrastructure, as well as large-scale public-private partnership
Ukraine has received offers from several investors to take part in funding the completion of power units 3 and 4 at the Khmelnytskyi nuclear power plant (NPP) in exchange for ownership in the project, Energy Minister Herman Galushchenko said. Galushchenko said at a briefing in Ukraine's parliament that
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is providing a portfolio risk-sharing facility to Ukraine's state-owned Oschadbank that partially covers credit risks in up to €100 million of newly originated sub-loans by the Ukrainian lender. The development comes as Oschadbank
Ukraine's parliament has voted in favor of a bill allowing state-owned nuclear energy operator Energoatom to buy two Russian-made nuclear reactors from Bulgaria to expand Ukraine's Khmelnytskyi nuclear power plant (NPP). The bill passed with 261 votes in favor in the 450-seat parliament,
The US decision to raise tariffs on steel imports to a flat 25% will hit Ukraine-based exporters such as Interpipe and ArcelorMittal Kryvyi Rih, which have already been several hit by the war with Russia, Ukrainian Economy Minister Yulia Svyrydenko said. "For the past few years, we have
Ukraine has started exporting biomethane to the European Union (EU), with the volume of the first shipment equaling 67,000 cubic meters, Ukraine's government said. "The start of biomethane exports from Ukraine to the EU is an important step in strengthening energy independence and integration of our
Schneider Electric Ukraine aims to train 1 million people in energy management basics in 2025, such as conservation and optimization of energy use, the company's CEO Mykhailo Bubnov said. The company, which signed a memorandum to that effect with Ukraine's Ministry of Education and Science, is
The UK government will invest GBP17 million in the second investment round under InnovateUkraine, a bilateral program that focuses on supporting low-carbon solutions that increase Ukraine's energy resilience. The second cohort will focus on technologies tailored towards smart green grids, renewable generation, renewable heat, green fuels, and
The European Investment Bank (EIB) said on Wednesday its board paved the way for €100 million in funding to repair damaged municipal heating infrastructure in Ukraine. The funding was announced as part of a €2.4 billion EIB financing for business investment, clean energy, transport, telecommunications and flood protection in
