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US earmarks additional $500 million for Ukraine’s energy infrastructure

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US earmarks additional $500 million for Ukraine’s energy infrastructure
U.S. senate building photographed in 2023. (Celal Gunes/Anadolu Agency via Getty Images)

The U.S. plans to allocate an additional $500 million to bolster Ukraine’s energy grid, local media reported on Nov. 16, citing Biden administration officials.

"The United States has already provided Ukraine with more than $520 million in aid for the energy sector. We know that another $500 million is on the way," said U.S. Assistant Secretary of State for Energy Resources Geoffrey Pyatt.

Money will be allocated to high-priority areas such as transformers and repair capabilities.

"Vladimir Putin tried to turn the winter cold into a weapon and use winter as a tool to break the will of the Ukrainian people. I am sure that he will fail.”

The Biden administration has been working with the Ukrainian government to build a more decentralized energy system that is fully integrated with Europe and less vulnerable to Russian aggression.

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Lance Luo

Lance Luo (Li P. Luo) is a news editor at the Kyiv Independent. Previously, he worked at Radio Free Europe/Radio Liberty and Hromadske Television in Kyiv. He also spent three years in finance and strategy consulting. Mr. Luo graduated from the University of Southern California and serves as an arbitrator at FINRA.

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The Ukrainian Institute of America (UIA) will convene technology innovators, defense experts, investors, policymakers, and scholars for a conference examining Ukraine’s emergence as a global driver of technological innovation under wartime conditions.

The committee was created by order of Lidia Izovitova, head of the association. Izovitova has faced criticism for allegedly being a protégé of pro-Kremlin politician Viktor Medvedchuk. Izovitova's tenure as head of the association ended in 2022, and she has been accused of holding her position illegally.

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