Norway to expand assistance in Ukraine’s energy transformation

That’s according to the ministry’s press service.

Deputy Energy Minister Yaroslav Demchenkov met with the Head of the Norwegian Agency for Development Cooperation (Norad) Bård Vegar Solhjell, Norway’s Deputy Foreign Minister Marianne Kvan, and Norway’s Ambassador to Ukraine Helene Sand.

During the meeting, the parties discussed how the assistance provided may help strengthen Ukraine’s energy field. It was also about involving the private sector in green transformation and decentralization of energy infrastructure.

“We continue to work on stimulating the development of local generation based on renewable energy, gas generation, and energy accumulation systems. This will enhance the stability of our energy system and allow businesses and households to reduce their dependence on centralized generation in the face of constant attacks on energy infrastructure,” Demchenkov said.

This meeting was part of ongoing cooperation efforts pursued by the two countries, earlier discussed by Energy Minister German Galushchenko and Prime Minister Jonas Gahr Støre of Norway during the latter’s visit to Kyiv.

As reported earlier, while in Kyiv, Støre said the Norwegian Government was allocating 1.5 billion kroner to ensure gas and electricity imports into Ukraine through the European Bank for Reconstruction and Development (EBRD).

The funds will be directed to repair and maintenance of critical electricity infrastructure and emergency power supply in areas affected by hostilities, as well as for the purchase of gas for emergency stocks.