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Energy Security: News

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About Energy security

Ukraine's energy security has become severely compromised since Russia's full-scale invasion began in February 2022, with systematic attacks destroying approximately 50% of thermal generation capacity and targeting natural gas storage facilities. The government works with European partners to diversify energy sources, strengthen grid connections with EU networks, and secure alternative fuel supplies, while defending remaining power infrastructure from ongoing Russian strikes.

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The broad consensus among Russia-watchers is that the country is facing a prolonged bout of stagflation. Growth this year is unlikely to exceed 1%, and inflation is still stuck at 6% (or more). Moreover, the most promising option for reviving the economy is the least likely to be pursued, because it requires President Vladimir Putin's willingness to end the war in Ukraine. The downside risks are legion. Russian troops have barely advanced in Ukraine this year, and Russia cannot spend more on i

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