The European Bank for Reconstruction and Development (EBRD) has lowered its 2025 growth forecast for Ukraine’s economy, now expecting 3.5% growth instead of the previously projected 4.7%.
Losses from Russian attacks amount to "billions of dollars," according to Energy Minister Herman Halushchenko.
The attack, which included strikes on gas infrastructure overnight and continued into the morning, has further strained Ukraine's energy grid.
Nearly three years into the war, Ukrainians have grown used to bracing for brutal winters with electricity blackouts and heating cuts from Russian attacks on the country’s energy infrastructure. This winter was predicted to be one of the toughest ones of the war yet. In a worst-case scenario, blackouts
Members of the Verkhovna Rada Energy Committee led by MP Inna Sovsun, have initiated a resolution to dismiss Energy Minister Herman Halushchenko, Ukrainian lawmaker Yaroslav Zhelezniak announced on Jan. 10.
As Ukraine begins yet another winter with rolling blackouts and freezing temperatures, businesses are increasingly looking beyond diesel generators to fuel their operations during power cuts, business leaders said at the Energy Security Dialogue 2024 on Dec. 4.
Russia’s missile strikes on Nov. 16-17 hit three of the five operational thermal power plants owned by Ukraine’s largest private energy company, DTEK, leaving one plant offline, Reuters reported on Nov. 21, citing unnamed sources.
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
Key developments on Oct. 30: * North Korean soldiers 50 km from Ukraine's border, including special forces, FT reports * Ukraine should strike back if North Korean troops cross into its territory, Biden says * No confidentiality between partners — Zelensky calls out White House over Tomahawk missiles leak * Kremlin denies Russia-Ukraine talks on
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
For the first time since the full-scale invasion, Russia launched drone attacks on cities and towns across Ukraine on a daily basis for an entire month. According to Ukraine's Air Force, 1,339 Shahed-type kamikaze drones targeted the country in September, 1,107 of which were shot down, with some
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.
The announcement came on Oct. 2 as USAID chief Samantha Power arrived in Kyiv, marking her third visit to Ukraine since 2020.
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.
Russia destroyed all thermal power plants and almost all hydroelectric capacity in Ukraine, President Volodymyr Zelensky said on Sept. 25 during his speech at the U.N. General Assembly in New York. Russia launched nine coordinated attacks against Ukraine's electricity infrastructure between March and August, striking facilities in 20 oblasts.
Danish Energy Minister Lars Aagaard announced new financial assistance for Ukraine on Sept. 23 in New York during a meeting within the G7 working group on Ukraine's energy security.
"Russia must pay for the destruction it caused," von der Leyen said.
Russia's attacks on Ukraine's energy infrastructure caused a sharp rise in Ukrainians citing blackouts as a reason for leaving the country over the summer, the United Nations Human Rights Monitoring Mission in Ukraine (HRMMU) said in a report published on Sept. 19.
Russia is once again planning a "winter war with the aim of making the lives of people in Ukraine as terrible as possible," German Foreign Minister Annalena Baerbock said.
An explosive object was discovered near an electrical substation in Kyiv Oblast, the Energy Ministry reported on Sept. 12.
Ahead of the coming winter, Ukraine has protected 85% of its energy infrastructure in anticipation of further Russian attacks, Prime Minister Denys Shmyhal said at a Sept. 10 press conference attended by a Kyiv Independent reporter.
The EU is providing Ukraine with a $44 million (40 million euro) humanitarian aid package to assist with energy repair works ahead of winter, European Commission President Ursula von der Leyen announced on Sept. 6.
Ukraine is set to receive $800 million from the U.S. to help stabilize its severely damaged energy infrastructure, Yulia Svyrydenko, Ukraine's First Deputy Prime Minister, announced during her visit to Washington on Aug. 31.
Viktoriia Skyba, a 29-year-old mother of two, didn't have the time to reach a bomb shelter when Russia attacked her town during what Ukrainian officials have said is the largest attack on Ukraine since the full-scale invasion. She saw a missile flying above her house and a large pillar of
After the morning attack on Kyiv Oblast, the Kyiv dam was closed for means of transport until 5 p.m. local time.
Energy Minister Herman Halushchenko denied any indirect negotiations with Russia to stop attacks on Ukrainian energy infrastructure in an interview on national television on Aug. 24.
"Everyone understands that thanks to nuclear power, the whole country has been living without electricity supply restrictions for ten days now," Minister Herman Halushchenko said.
In the long run, the Ukrainian government will decide how to generate electricity on its own, but building up nuclear power is a rational quick solution, Penny Pritzker, U.S. special representative for Ukraine's Economic Recovery, said.
Russian forces launched an attack against Sumy Oblast overnight on July 20, damaging an energy facility in the Konotop district.
Representatives of Ukraine's state energy grid operator, Ukrenergo, and the KfW Development Bank signed an agreement worth 100 million euros (nearly $110 million) for energy projects, Ukrenergo announced on July 19.
"For the enemy, the Dnipro Hydroelectric Station is more easily reachable, the front line is 50 kilometers away (from it)," Ukrhydroenergo CEO Ihor Syrota said in an interview with Forbes Ukraine.
The Russian strikes damaged more than half of the city's generating capacity, Deputy Head of the Kyiv City State Administration said.
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