DTEK General Director Maksym Timchenko and Honeywell President in Central and Eastern Europe Przemek Szuder signed a memorandum of strategic cooperation at the Ukraine Recovery Conference in Berlin. “DTEK and Honeywell agreed to explore opportunities for: the fast-track restoration and maximisation of DTEK’s energy generation capabilities that have been damaged in Russian attacks on Ukraine’s energy … Read more
PJSC Ukrnafta, the second or third largest gas producer in Ukraine, has made a strategic decision to build gas generation, and for this purpose has already started to attract partners, Ukrnafta Director Serhiy Koretsky said at the Ukraine Recovery Conference in Berlin (URC2024). “At the first stage, it will be about 1 GW. For this … Read more
Kyivteploenergo will purchase 15 cogeneration units with a total capacity of more than 60 MW, following an auction held in the Prozorro system on June 10. Nine 4.5 MW and six 3.3 MW plants were the focus of the procurement. Slovakian company KTS Engineering won the tender, offering the lowest price of UAH 1.125 billion … Read more
PJSC Ukrnafta transferred UAH 3.5 billion in dividends to NJSC Naftogaz Ukrainy based on operating results for 2023, the company’s press service reported on Tuesday. Taking into account the previously transferred dividends for last year, the company paid a total of about UAH 8 billion under this item to another shareholder in the person of … Read more
Ukraine appeals to European partners with a request to maximally facilitate the increase in electricity imports to 2.3 GW from 1.7 GW today, said First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko “We need a political and technical solution to increase electricity imports to 2.3 GW,” she said at the Ukraine Recovery Conference … Read more
Russian attacks on Ukrainian oil storage facilities and oil refining infrastructure facilities will not negatively affect the operation of the domestic fuel market. “In operational terms, these attacks do not produce any results – there was and will be fuel. Today this is one of the few points of support,” Director of the A-95 consulting … Read more
NPC Ukrenergo will attract EUR 30.4 million in a loan from the German state bank KfW as part of the Improvement of the Efficiency of Electricity Transmission IV (integration of the Ukrainian Integrated Power System into the European grid) project. The National Energy and Utilities Regulatory Commission of Ukraine (NEURC), at a meeting on Friday, … Read more
Russia’s systematic destruction of Ukraine’s energy system means that by winter, Ukrainians may be without electricity for the “vast majority” of the day, the Financial Times (FT) reported on June 5, citing Ukrainian officials who spoke on the condition of anonymity. The damage is so extensive that Ukrainians should be preparing for “life in the … Read more
Ukrainians will have to live in a power-saving mode for years due to Russian attacks on Ukraine’s energy infrastructure, Prime Minister Denys Shmyhal said at a meeting of the Cabinet of Ministers on June 4. “The consequences of Russian attacks on the energy sector are long-term. Therefore, saving will be a part of our everyday … Read more
During the Russian attacks this spring, Ukraine lost 9.2 GW of power generation capacity, European Union Ambassador to Ukraine Katarína Mathernová reported. “We discussed key priorities of Ukraine for the next months, including the urgent energy equipment needs to help alleviate the impact of continuous Russian missile attacks on energy infrastructure. Including the attack from … Read more