Turkey to assist in rebuilding Ukraine's power grid
A meeting between Ukrainian Energy Minister Herman Halushchenko and Turkish Ambassador Mustafa Levent Bilgen was held to address the consequences of Russia’s attacks on Ukraine’s energy systems.
Energy
Austria to allocate nearly $5.4 million for Ukraine's energy infrastructure restoration
The allocated funds will be spent on urgently needed spare parts, generators, and repair lines, according to Der Standard.
Ukraine to introduce power outages across country late on May 20
Ukraine will introduce hourly energy shutdowns for industrial and household consumers in all oblasts from 6:00 p.m. local time on May 20 until midnight.
Ukraine implements rolling blackouts after recent Russian attacks on energy infrastructure
Ukraine implemented rolling blackouts on May 15 due to power shortages caused by Russian attacks, Ukraine's state-owned energy operator Ukrenergo announced.
Energy Ministry warns of blackouts due to 'significant' power shortage
Russian attacks and cold weather have caused a "significant capacity deficit" in Ukraine's power system, leading to blackouts and energy restrictions for consumers across the country, the Energy Ministry reported on May 15.
Ukraine introduces emergency power cuts throughout country amid 'significant' shortage
Ukraine's state-owned energy operator Ukrenergo said it had to introduce additional restrictions due to the damage from the recent Russian strikes against Ukrainian energy infrastructure and the increase in electricity consumption after the temperature drop.
Ukraine state-owned enterprises weekly — Issue 131
Editor’s Note: This is issue 131 of Ukrainian State-Owned Enterprises Weekly, covering events from May 4-10, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Cabinet appoints new acting CEO for Ukrspyrt. On May 3, Stanislav Banchuk was appointed to the position. On May 6,
Energy Minister warns of summer energy supply issues followed by 'difficult winter'
Ukraine may face "difficulties with electricity supply in the summer" and should "prepare for a difficult winter" due to Russia's attacks on energy infrastructure, Energy Minister Herman Halushchenko said in a statement on May 13.
Russia to increase taxes on struggling energy giant Gazprom this year
Gazprom’s revenue fell by 30% last year with a net loss of $6.9 billion, the largest in 25 years. Russia’s full-scale invasion of Ukraine led to worsening relations with Europe, limiting the operations of the company.
Russia attacks 106 infrastructure facilities in Ukraine in one day
Various weapons were used in the attacks and 107 settlements were targeted. Thousands of households in seven oblasts are suffering power outages due to Russian attacks, the Energy Ministry reported.
Ukraine receives emergency energy supply from Europe amid power shortages
Ukraine received an emergency electricity supply from Poland, Romania, and Slovakia amid an ongoing power shortage following Russia's attacks on energy infrastructure, the Energy Ministry reported on May 11.
Ukraine increases restrictions on energy supply for business, industry amid power shortage
Ukrainian businesses and industry will face more restrictions in energy use due to a "significant shortage of electricity," Ukraine's state-owned energy operator Ukrenergo reported on May 10.
Russian forces attack energy infrastructure in Sumy Oblast
Russian forces launched a drone attack in Sumy Oblast overnight on May 6, targeting the region's energy infrastructure, the Sumy Oblast Military Administration reported.
G7 agrees to reduce dependency on Russian nuclear energy supplies
"We note the ongoing efforts by countries which operate Russian-designed reactors to make progress in securing alternative nuclear fuel contracts and to reduce dependencies related to spare parts, components, and services," read the statement issued after a two-day ministerial summit in Torino, Italy.
Minister: Italy has no reason to oppose new EU sanctions against Russian gas
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said on April 28.
Latvia donates energy equipment to Ukraine after Russian attacks on infrastructure
The Latvian state-owned company Latvenergo provided Ukraine with equipment to restore the energy system after Russian attacks, the Delfi media outlet reported on April 28.
Japan reaffirms commitments to support Ukrainian energy sector
During a visit to Japan, a Ukrainian delegation led by Energy Minister German Galushchenko held discussions with Japanese officials regarding assistance in rebuilding Ukraine's energy sector.
Ukraine Business Roundup — Is Ukraine’s reconstruction actually happening?
The following is the April 23, 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. Ukrainians cautiously celebrated the House finally passing further aid to Ukraine last Saturday. The moment was bittersweet — how
Monthly chart: Ukraine braces for tough summer months as Russia renews attacks on energy infrastructure
The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission. Ukraine is forced to rely on electricity imports after Russian attacks Net commercial exports of electricity, MWh Positive net exports
Bloomberg: Russian diesel exports continue to drop amid Ukrainian drone strikes on oil refineries
According to Kpler, Russia exported around 740,000 barrels of crude per day in the 10 days leading up to April 13, a 25% decrease from the same period the previous four years.
Ukraine Business Roundup — Business & War
The following is the April 16, 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. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide
Ukraine state-owned enterprises weekly — Issue 127
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. Banks EBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million)
IAEA: All reactors at Zaporizhzhia Nuclear Power Plant put into state of cold shutdown
All six reactors at the Zaporizhzhia Nuclear Power Plant (ZNPP) have reached a state of cold shutdown for the first time since October 2022, the International Atomic Energy Agency said in a news release on April 13.
Nova Group sets up new electricity generation company amid Russian attacks on infrastructure
Nova Group has set up a company that will generate energy on a regular basis, including both solar and gas power, the group's co-owner Volodymyr Popereshniuk announced on April 12.
Media claim drone attack on Russia's Belgorod damages Gazprom administrative building
A Ukrainian drone strike on Belgorod on April 12 damaged an administrative building of a "resource supply company," injuring two people, Belgorod Oblast Governor Vyacheslav Gladkov claimed.
Politico: France imports growing levels of Russian LNG
France has paid Russia 600 million euros ($644 million) for liquified natural gas (LNG) imports in just the first three months of 2024, making it the fastest-growing consumer of Russian LNG in the EU, Politico reported on April 11.
DTEK thermal plants damaged in Russia's overnight attack
Russia damaged two DTEK thermal power plants in its latest overnight mass attack on Ukrainian energy infrastructure, according to a press release on April 11 from DTEK, Ukraine's largest private energy company.
German state-owned gas trader considering storing natural gas in Ukraine again
Ukraine has been encouraging foreign traders to store gas in its vast underground gas storage (UGS) facilities, the majority of which are located in western Ukraine.
Ukraine state-owned enterprises weekly — Issue 126
Editor’s Note: This is issue 126 of Ukrainian State-Owned Enterprises Weekly, covering events from March 30 – April 5, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukrtransgaz starts the season of gas injection into underground storage. On April 2, Ukrtransgaz, a Naftogaz subsidiary, reported the end
Update: 16 injured in Russian April 8 attack on Poltava Oblast
The number of injured following a Russian missile attack against Poltava Oblast on April 8 has risen to 16, including four children aged between five and 11, Governor Filip Pronin said on April 9.
Denmark announces $5.8 million in aid for Ukraine's energy infrastructure
"Energy security and supply is being used as a weapon against Ukraine to wear down Ukrainian citizens," said Danish Energy Minister Lars Aagaard.
Russia's latest attacks damage energy infrastructure in 4 oblasts
The Energy Ministry said that Russian drones attacked a high-voltage substation in Zaporizhzhia Oblast, dealing damage. Fallen debris from a downed missile also damaged a gas facility in Dnipropetrovsk Oblast.
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