Over nearly 1,000 days of full-scale war, Russia has attacked Ukraine’s energy system more than 1,000 times. Despite this relentless onslaught, Ukrainian power engineers have achieved a historic feat: maintaining energy supply stability by repeatedly repairing equipment, sometimes three or four times after consecutive strikes. This remarkable
Editor’s Note: This is issue 154 of Ukrainian State-Owned Enterprises Weekly, covering events from Oct. 24-Nov. 17, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukraine’s energy infrastructure under attack, first in almost three months; power outage schedules are back. On Nov. 17, Ukraine’s
Russia targeted thermal power plants during a mass strike on the country's power grid on Nov. 17, dealing "serious damage," said the country's largest private energy company, DTEK.
The United States will partner with Ukraine to transition Ukraine's coal-fired plants to small modular nuclear reactors, and to use them to help decarbonize its steel industry, the countries announced on Nov. 16 at the U.N. Climate Change Conference in Baku, Azerbaijan.
Russia's Gazprom Export announced that its supply of natural gas to Austria is ending on Nov. 16, according to OMV, Austria's largest gas supply company.
Ukraine relies on nuclear power for more than half of its energy production, which is increasingly in demand amid Russia's attacks on Ukraine's energy infrastructure.
Arvid Tuerkner’s first winter in charge of the European Bank for Reconstruction and Development in Ukraine comes with a daunting task: swiftly mobilize investment into energy companies crippled by two years of Russian attacks. Russia began targeting Ukraine’s energy infrastructure in late 2022 and has since then pounded
The fields supplying the plant pumped an average of 0.4 million cubic meters of gas per day in the first ten days of November, Bloomberg reported, citing a person with knowledge of industry data.
No deal is currently on the table between Europe and Azerbaijan to keep gas flowing through Ukraine once a transit deal with Russia expires at the end of the year, despite reports a contract was nearing, CEO of Ukrainian state-owned oil and gas giant Naftogaz said.
The ReBuild Ukraine 4.0 conference will convene on November 13-14, 2024, in Warsaw, Poland, Odesa Journal reported on Nov. 6.
During a visit to Kyiv on Nov. 4, German Foreign Minister Annalena Baerbock announced that the country will provide 200 million euros ($217 million) in humanitarian winter aid, as Ukraine prepares for more Russian attacks against energy infrastructure.
Ukraine is not holding direct talks with Russia on an energy ceasefire but is open to a third country mediating the implementation of the peace formula, said Andriy Yermak, the head of Ukraine's Presidential Office, in a televised interview on Nov. 4.
The following is the Oct. 30, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Companies in Ukraine that were expecting to be able to “reserve” their employees to shield them from military
Editor’s Note: This is issue 152 of Ukrainian State-Owned Enterprises Weekly, covering events from Oct. 13-24, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Updated IMF Memorandum. On Oct. 18, the International Monetary Fund (IMF) published an updated Memorandum of Economic and Financial Policies
The denial comes a day after the Financial Times reported that Ukraine and Russia are resuming discussions about halting the strikes on each other's energy infrastructure after the talks abruptly ended in August following Ukraine's Kursk incursion.
Ukraine and Russia are reportedly holding preliminary discussions about stopping attacks on each other's energy infrastructure, the Financial Times reported on Oct. 29.
If Russia continues its onslaught of attacks against critical energy infrastructure as it did in 2023, then Ukrainians may face up to eight hours of power outages on the most "critical" days, Brekht said.
Norway has increased its total support for Ukraine’s energy sector to 3 billion kroner (around $274.2 million) as part of its broader aid plan, according to the Norwegian Ministry of Foreign Affairs.
Ukrainian air defenses downed 22 of the 65 attack drones launched overnight, the Air Force reported. Two drones flew in the direction of Belarus, and 27 were lost to electronic warfare means.
Ukraine's state-owned energy company Ukrenergo said later during the day that the outages were caused by unspecified "technical reasons" and that the repairs are underway. The energy supply should resume "within hours."
Key developments on Oct. 15: * North Korea has sent 10,000 soldiers to Russia, Western source says * Russia may resume strikes on Ukraine's energy sector in autumn, winter, official warns * 'No intact buildings left' in Toretsk, accelerating Russian advance, military says * US lawmakers pressuring Zelensky to lower mobilization age, Presidential
Dusan Bajatovic, CEO of the Serbian state-owned company Srbijagas, came to an agreement with Alexey Miller, CEO of Russian state-owned energy giant Gazprom, and expects Russian gas supplies to reach 400 million cubic meters this winter.
Ukraine is set to face its toughest winter since the start of the full-scale invasion as Russia eyes cutting off its nuclear power after already bombing out capacity from half of its electricity generation sector in large-scale air strikes. For now, Russia is not directly striking the plants with missiles
NATO's new Secretary General Mark Rutte warned on Oct. 8 that Ukraine may be facing its most challenging winter since the start of the full-scale invasion, as the country prepares for more Russian attacks against energy infrastructure.
"As a result, we will expand our export and import capabilities and strengthen the energy security of both countries," Prime Minister Denys Shmyhal said.
Ukraine is in talks with the International Atomic Energy Agency (IAEA) to place foreign observers near its nuclear power plants amid reports Russia is planning to attack the infrastructure connecting the plants to the country's energy grid, an Energy Ministry official said.
Editor’s note: This is issue 75 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from Sept. 23- Sept. 29, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with
Ukraine's state nuclear energy agency Energoatom signed on Sept. 25 a contract worth Hr 509 million ($12.3 million) for the design and construction of a protective structure at the Rivne Nuclear Power Plant, Ukrainian investigative media outlet Nashi Groshi reported on Sept. 30.
Russian troops shelled a mine in Donetsk Oblast, killing two female mine employees and injuring one other person, Ukraine's Energy Ministry reported on Sept. 22.
According to the IEA report, Ukraine's electricity shortage could reach 6 GW this winter, which is about one-third of the expected peak demand.
European Commission President Ursula von der Leyen will visit Kyiv on Sept. 20 to discuss Ukraine's energy needs with President Volodymyr Zelensky, she said on Sept. 19.
The measures recommended by the IEA include "bolstering the physical and cyber security of critical energy infrastructure, expediting the delivery of equipment and spare parts for repairs, (and) accelerating the decentralization of power supply," according to a press release sent to the Kyiv Independent.
