Ukrhydroenergo’s Post

🌞Make hay while the sun shines 🙌 This age-old saying holds true especially for Ukraine's energy sector, where the infrastructure has been severely damaged by targeted Russian attacks. Energy Community Secretariat is seizing the moment to help Ukraine's energy sector ahead of winter, but more support is needed! 💶 The Ukraine Energy Support Fund (UESF) was established to provide financial assistance for repairing Ukraine's critical energy infrastructure and ensuring the sector's continued functionality. With the current EUR 509 million pledged from countries like Germany, the EU, and the US, further support is crucial. 📣We call on companies, especially in the energy sector, to join us in strengthening Ukraine's energy resilience and contribute to the Fund. Artur Lorkowski of the Energy Community Secretariat told Newsbase, "What we need is the money which would allow Ukraine to rebuild and restore at least part of the lost capacities to help Ukraine survive the winter." Read the article on Newsbase 👉 https://bit.ly/3YAi3lf Learn more about the UESF 👉 https://bit.ly/3yk4dJf #SupportUkraine #EnergyResilience #UESF

Ukraine's coal regions are facing immense pressure due to the full-scale invasion, attacks on energy infrastructure, and reliance on a single industry. Now more than ever, they need comprehensive support that tackles economic, environmental, and social challenges. "The coal regions of Ukraine find themselves in an extremely difficult situation due to the destruction of energy infrastructure and military actions. We must support these regions in the structural changes that have already begun. Transitioning to renewable energy sources and improving energy efficiency will contribute to economic resilience and security. This will help restore infrastructure and create new opportunities for the people living there. We are currently laying the foundation for the future of these regions after the war," shares Miriam Faulwetter, GIZ Programme Director. A key part of this shift is a socially just approach, engaging everyone from the government to local communities. The Association of Coal Communities, which represents over 350,000 residents, is playing a vital role in this transformation. Together with local authorities and international partners like GIZ Ukraine, they are creating industrial parks, training programs in renewable energy, and new job opportunities. Concrete achievements are already in motion: - A concept for an industrial park with 3,000 jobs is ready. - The third renewable energy course is now available in vocational schools. - Over 550,000 people have received energy assistance through the German-Ukrainian Energy Partnership since the full-scale invasion began. These efforts are essential for rebuilding infrastructure and ensuring the long-term stability of Ukraine's coal regions, paving the way for a sustainable and resilient future. GIZ Ukraine is implementing the "Just Transition and Green Sector Recovery Ukraine" project on behalf of the Federal Ministry for Economic Affairs and Climate Action. #GIZ

EBRD Commits €300 Million To Bolster Ukraine’s Energy Sector Amidst Ongoing Challenges The European Bank for Reconstruction and Development (EBRD) has reaffirmed its commitment to supporting Ukraine’s energy sector amidst ongoing challenges, as top officials from the bank visited Kyiv this week. This visit precedes the Ukraine Recovery Conference (URC) scheduled in Berlin on 11-12 June, aimed at strategizing cooperation for the country’s recovery in the aftermath of Russia’s aggression. During the visit, EBRD President Odile Renaud-Basso signed a Memorandum of Understanding with Prime Minister Denis Shmyhal to launch an Energy Security Emergency Response Programme. This initiative will allocate €300 million in funding to bolster Ukraine’s state-owned energy sector companies, including Ukrenergo, […] Read the full story here: https://lnkd.in/dcb4UdAj #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #ebrd #europe #europeanbankforreconstructionanddevelopment #renewableenergy #ukraine

The war in Ukraine has devastated the country’s energy infrastructure, halving its electricity generation capacity and disrupting millions of livelihoods. At present, decisionmakers are fighting day-to-day battles to keep the lights on and houses warm. Winning these daily battles and setting course towards a long-term vision for affordable, secure, and clean energy will be critical for the country. Anhelina Dombrovska and Patrick Lenain explore how – amidst the significant current challenges – well-designed reforms, international support, private investment, and, crucially, peace, can pave a way for Ukraine to leapfrog to a new energy future. #Ukraine #Energy #Renewables #FiscalPolicy

Attending a conference on rebuilding Ukraine evokes a profound sense of duality. It inspires hope for a brighter future while underscoring the harsh realities of the ongoing war. This balance between optimism and challenge is especially evident in discussions around Ukraine’s energy sector. Ukraine's energy infrastructure has been devastated—destroyed, occupied, and still under attack. With an urgent need for at least 10 GW of new generation capacity, decentralized renewable generation stands at the core of the country's rebuilding efforts. It offers not only a sustainable and innovative path forward but also greater resilience in the face of continued threats. While legal frameworks for bilateral PPAs are emerging, the challenge remains, particularly in securing funding, including foreign direct investment (FDI) and credit. A critical issue is the perceived lack of "bankable" power offtakers, prompting foreign investors and bankers to demand de-risked offtake agreements as a prerequisite to financing projects. In response, local industry associations and investors have taken the initiative to establish a Commercial Risk Insurance Fund, aimed at mitigating risks tied to offtake agreements and improving project bankability. The fund can safeguard against default or delayed payments under bilateral PPAs and guarantees a minimum electricity price, ensuring revenue stability in the case of market sales or hybrid models, where electricity not covered by the PPA is sold on the market. It can also address other risks, including demand shortfalls, grid curtailment, operational interruptions, currency and exchange risks, among others. Given that infrastructure reconstruction currently depends heavily on grants, bilateral donors, NGOs, and multilateral development banks (MDBs), these stakeholders are expected to be the fund's initial contributors. Over time, the fund could achieve long-term sustainability through premiums collected from insured projects. However, accessing fund protection requires investors to pay insurance premiums, which, along with administrative and reporting obligations, can impose a significant burden—especially on local investors. This could lead to selective coverage, risking market distortion and excluding smaller, local players. A balanced and inclusive approach is essential to ensure that these investors, who display remarkable bravery and innovation despite the immense pressures of war, political instability, and bureaucracy, are not left behind. What innovative solutions and strategies do you think Ukraine can adopt to overcome these challenges and build a transparent, competitive energy market that fosters resilience and sustainable growth? #renewables #rebuildukraine #ukraine #infrastructure

💶Two Ukrainian banks join EBRD’s Energy Security Support Facility.  Ukrgasbank and PrivatBank have become the first two banks in Ukraine to join the EBRD’s Energy Security Support Facility, a landmark programme that will enable the country’s financial sector to provide better access to financing for energy security investments in Ukraine.  To Ukrgasbank, the EBRD is extending a €150 million portfolio-risk-sharing facility, while to PrivatBank, the EBRD is extending a €175 million facility for financing energy security projects in Ukraine. Trough this programme the EBRD will partially cover the risk of partner financial institutions on a total of €700 million of sub-loans for investment in decentralised energy generation, energy storage, and energy efficiency measures. Ukrainian businesses, state-owned enterprises, including municipalities, municipal companies, and households, will be eligible for loans through the facility, thus strengthening their resilience to both immediate energy security risks and the medium-term impacts of climate change.  Ukrgasbank and PrivatBank are partners of the EU4Business EBRD Credit line, a joint initiative of the EU and the EBRD to help Ukrainian small and medium-sized enterprises.  The EBRD is Ukraine’s largest institutional investor. It has deployed more than €4.5 billion in the country since 2022 and has secured agreement for a further €4 billion capital increase to continue lending at these levels in wartime, with the potential for more once full reconstruction begins.  Read more on the official website: https://rb.gy/6vg04q  #EBRD #EU #EU4BusinessEBRDCreditLineUkraine #EU4Business #WarInUkraine #StandWithUkraine

EBRD Delegation Visits Kyiv to Strengthen Support for Ukraine’s Energy Sector A high-level delegation from the European Bank for Reconstruction and Development (EBRD), led by Matteo Patrone, Vice President, Banking, visited Kyiv this week to engage in discussions with Ukraine’s government and key energy companies on providing support to the country’s energy sector following the extensive Russian attacks on power generation facilities. Since the onset of Russia’s full-scale invasion, the EBRD has significantly increased its investments in Ukraine, deploying €4.6 billion since 2022. Of this amount, at least €1 billion has been directed to energy companies, including Ukrenergo, Naftogaz, and Ukrhydroenergo. Energy security remains a top priority for Ukraine. In response […] Read the full story here: https://lnkd.in/dC2znTiq #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #europe #greenenergy #renewableenergy #solarenergy #ukraine

My heart ❤️ goes out to the Ukranian people. I gave interviews to the local Ukrainian 🇺🇦 news. Spoke about Weaver Advisory bringing infrastructure investments to Ukraine in a time of conflict. Infrastructure projects increase productivity and, combined with #ukraine astounding human capital, can have an astronomical impact in gdp per capita growth in the coming years. If you want to invest in infrastructure in Ukraine, talk to us at Weaver Advisory #infrastructure #ppp #projectfinance #roads #solar #bridges #industrialparks

The EBRD provides €200M to strengthen Ukraine's energy security and will help increase the number of Ukrainian projects that are ready to attract foreign investment. €200M from EBRD will support Naftogaz of Ukraine in creating strategic reserves of natural gas and supporting energy security. The corresponding guarantee agreement was signed by the Minister of Finance of Ukraine, Serhiy Marchenko, and the Managing Director of the EBRD for Ukraine and Moldova, Arvid Turkner. Simultaneously, the Ministry of Economy and the EBRD discussed cooperation priorities, initiatives to stimulate investment attraction in Ukraine, and opportunities to expand the bank's portfolio in the energy sector. "Among the key directions of cooperation are strengthening work on military risk insurance, increasing the variety of available financial instruments, and attracting international investment to Ukraine," the Ministry of Economy emphasized. The parties discussed cooperation in creating a project preparation facility to increase the number of projects that can attract financing from foreign investors. This will increase the number of available projects, including funding from the EBRD and other IFIs that have already become partners in the Ukraine Facility program. https://lnkd.in/ePHSgicQ

This weekend, Switzerland is hosting the first Summit on Peace in Ukraine to discuss pathways toward a comprehensive, just, and lasting peace. Restoring Ukraine’s energy capacity and establishing a framework for its longer-term energy trajectory will be essential for reaching this objective. With well-designed reforms, international support, private investment – and, crucially, peace – Ukraine can leapfrog to a sustainable energy future. Anhelina Dombrovska and Patrick Lenain outline key elements of a path towards this goal based on a forthcoming CEP Policy Brief. https://lnkd.in/euvYpab3