Energy
The reconstruction of Ukraine's energy grid, the shift to decentralized, renewable infrastructure and all other news about energy.
Ukraine plans test launch of GHG emissions trading system in 2028
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 to buy Westinghouse reactors for Khmelnytskyi NPP expansion
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
Ukraine pitches $500 million in investment opportunities in Saudi Arabia; finds notable interest in fertilizer production
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 gets equity funding offers for Khmelnytskyi NPP from several investors, energy minister says
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
EBRD to provide portfolio risk-sharing facility to Ukraine's Oschadbank to support energy investments
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 parliament approves purchase of 2 Russian nuclear reactors from Bulgaria
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,
US tariff to hit Ukrainian steelmakers already damaged by war, economy minister says
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 starts exporting biomethane, with a shipment to the European Union
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 vows to train 1 million Ukrainians in energy management basics
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
UK to invest additional GBP 17 million via InnovateUkraine program to bolster clean energy solutions in Ukraine
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
EIB to allocate €100 million for district heating in Ukraine through Ukreximbank
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
Italy and UNEP sign €2 million tech transfer accord to boost Ukraine's energy sustainability
The Italian embassy in Kyiv have signed an agreement with the United Nations Environment Programme (UNEP) to launch a €2 million project to strengthen energy sustainability of Ukrainian cities. The fund, which is provided by Italy, aims to support Ukraine's recovery towards a more decentralized and sustainable energy
Ukraine sees potential in buying and storing LNG from the US, foreign minister says
Ukraine sees "immense" potential in buying and storing liquefied natural gas (LNG) from the United States after the transit of the Russian gas through the country's territory ended, Ukraine's Foreign Minister Andrii Sybiha said on Wednesday. "Ukraine has exceptionally powerful underground gas storage
IAEA chief warns of potential nuclear disaster from Russian attacks on Ukrainian energy infrastructure
International Atomic Energy Agency (IAEA) Chief Rafael Grossi warned that Russian attacks on Ukraine's power grid could result in a nuclear accident. Grossi made the statement during a visit to Kyiv to meet with Ukrainian officials regarding nuclear safety. He added that such an accident could result from
iStories alleges Yanukovych Jr profits from selling coal from occupied Ukrainian territory
Oleksandr Yanukovych, the son of former Ukrainian President Viktor Yanukovych, is allegedly behind the largest exporter of coal from Ukraine's occupied territories, according to Important Stories, or iStories, an independent Russian investigative journalism site. Yanukovych Jr is reportedly linked to Energoresurs, a company registered in a modest office