DTEK to update power outage schedules daily
The DTEK Group (Ukraine’s energy company) will adapt its power outage schedules based on daily changes in the energy system and update the information on them every day.
Economy - Latest news
19 November 2024
Ukraine exports $36.3B worth of goods since year-start
Ukraine has exported $36.3 billion worth of goods since the start of 2024, exceeding the total value of exports for the entire previous year.
Ukraine’s GDP up by 4.2% over 10 months – economy ministry
In January-October 2024, Ukraine’s gross domestic product (GDP) increased by 4.2% compared to the same period last year.
18 November 2024
Yermak-McFaul Group proposes new steps to strengthen energy sanctions against Russia
The Yermak-McFaul International Sanctions Group has released a new working paper, "Next Steps on Energy Sanctions: Tools for Increasing Pressure on Russia in 2025."
Blackout schedules on Tuesday to be in effect from 6:00 to 23:00 - operator
Rolling power outage schedules on Tuesday, November 19, will be in effect across Ukraine from 6:00 to 23:00 Kyiv time.
About 220,000 households without power following Russian attack - Shmyhal
Efforts are underway across Ukraine to address the aftermath of Russian shelling on November 17, with approximately 220,000 households still without electricity.
More than 320,000 consumers remain without electricity in Odesa and region
In Odesa and the region, 321,000 consumers remain without electricity supply following Russian strikes.
17 November 2024
Following massive missile attack, Ukraine forced to reintroduce rolling blackouts
In all regions of Ukraine on Monday, November 18, from 6:00 to 22:00, electricity consumption restrictions will be imposed throughout the country.
Ukrainian NPPs reduce production due to Russian strikes, several substations damaged – IAEA
During Russian large-scale airstrike targeting Ukraine's energy infrastructure on Sunday, several substations that supply off-power to Ukrainian nuclear power plants were damaged. As a result, the plants were forced to reduce electricity production.
Russian attack leaves Ukraine’s thermal power plants seriously damaged
On Sunday, November 17, Russia launched a massive barrage of missiles and drones targeting Ukraine’s energy infrastructure, inflicting serious damage on equipment at thermal power plants.
Ukraine, U.S. announce three new SMR projects
As part of the COP29 climate conference in Baku, the USA and Ukraine announced the launch of three new projects in the field of small modular reactors (SMRs) with a total funding of $30 million.
16 November 2024
U.S. to sanction one of Russia’s largest banks - media
The last of Russia's large state-owned banks, Gazprom, which retains access to SWIFT and settlements in major world currencies, will be subject to new U.S. sanctions.
Ukraine importing electricity from five countries on Saturday
For Saturday, November 16, Ukraine has scheduled electricity imports from Poland, Slovakia, Romania, Hungary, and Moldova.
Foreign expert says Lviv Airport could resume flights in 2025 – Reuters
Ukraine could reopen Lviv Airport next year, partially restoring the air services that had been suspended across the country since the Russian full-scale invasion started.
UN calls on Russia to stop attacks on Ukraine’s energy system
Russia's targeted attacks on Ukraine's energy infrastructure constitute a violation of international humanitarian law and must be stopped.
Budget support exceeds $100B: Finance Ministry names Ukraine’s biggest donors
Since the beginning of Russia’s full-scale invasion, Ukraine has received more than $100 billion in external budget support.
Ukraine already harvests 71.4M tonnes of grain, oilseed crops
As of November 15, 2024, a total of 71.4 million tonnes of the new-harvest crops were gathered across Ukraine.
15 November 2024
The Hague hosts meeting on establishment of international Claims Commission for Ukraine
On November 13-15, The Hague hosted the third preparatory meeting on the establishment of an international Claims Commission for Ukraine, during which the Ukrainian delegation presented its position.
Energy minister announces construction of over 800 MW of wind generation in 2025
In the direction of renewable energy, the development of wind energy will be key in 2025 in Ukraine.
Gazprom halting gas supplies via Ukraine to Austria’s OMV
Starting tomorrow, Russia’s energy giant Gazprom will stop supplying natural gas via Ukraine’s territory to the Austrian company OMV.
Shmyhal, Verma discuss investments and recovery initiatives
Ukrainian Prime Minister Denys Shmyhal met with U.S. Deputy Secretary of State and Acting Special Representative for Ukraine's Economic Recovery, Richard Verma, to discuss key economic initiatives and recovery projects.
Minister Galushchenko: Ukraine ready to help Poland develop nuclear power industry
Poland is planning to develop the nuclear power industry, and Ukraine has significant experience and corresponding professionals. Hence, Kyiv is ready to provide assistance to Warsaw in this area.
Ukraine needs more air defense systems to protect energy sector - Galushchenko
Ukraine urgently requires air defense systems from its Western partners to protect its infrastructure from Russian attacks.
Ukraine to attract more than $1B from World Bank and EUR 150M from EU
At its meeting on November 15, the Cabinet of Ministers has approved a decision on raising a concessional loan from the World Bank for more than $1 billion and an additional EUR 150 million from the European Union.
Own Business programme: 22,000 Ukrainians receive grants worth UAH 5.2B
As of November 12, 2024, as part of the Own Business [Vlasna Sprava] government programme, a total of UAH 5.2 billion worth of grants were approved for 22,000 Ukrainians.
Think tank predicts major issues for Russian economy in 2025
With the Russian economy likely to face significant challenges in 2025, Russian dictator Vladimir Putin is concerned about the country's long-term economic stability.
Some 300MW of renewable electricity facilities created in Zakarpattia region
A total of 300 megawatts of renewable electricity facilities have been created in the Zakarpattia region.
U.S. allocates $825M in assistance for Ukraine's energy infrastructure this year
The United States has allocated $825 million this year for the restoration of Ukraine's energy system, which has been heavily damaged by Russian attacks.
Minister Galushchenko, partners discuss development of distributed generation in Ukraine
During the conference Rebuild Ukraine 2024, Ukrainian Energy Minister German Galushchenko held a number of meetings with partners with regard to cooperation in the development of distributed generation and providing assistance to Ukrainian power engineers.
14 November 2024
Russia threatens to kick IAEA monitors out of captured Zaporizhzhia NPP at any moment
Russia can disallow further operation of experts from the International Atomic Energy Agency (IAEA) should it deem their work unnecessary.