Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review
03.02.2026
January 26 – February 1
In January 2026, Russia used more than 6,000 strike drones, about 5,500 guided aerial bombs, and 158 missiles of various types against Ukraine’s energy system and critical infrastructure, according to President Volodymyr Zelenskyy.
Cogeneration plants with a capacity of at least 1 GW are expected to be installed in 2026, according to Deputy Prime Minister Oleksii Kuleba.
The government launched a set of initiatives to improve the energy security of citizens and businesses, including the SvitloDIM program, which provides state assistance to co-owners of apartment buildings for the purchase of autonomous power sources, for which UAH 800 million has already been allocated. At the same time, one-time financial support for sole proprietors and small businesses has been introduced, and the “Affordable Loans 5-7-9%” program has been expanded by increasing the limits for financing energy projects (up to UAH 250 million) and providing preferential loans for the purchase of generators and batteries. In addition, the Cabinet of Ministers simplified the installation of solar power plants on buildings and allocated funds from the Decarbonization Fund to purchase portable charging stations for children with disabilities.
There were no commercial exports of electricity from Ukraine. Imports increased by 15.4% to 264.8 GWh.
The average hourly price of electricity on the day-ahead market (Base DAM index) for January 26-February 1 fell to 9,390.0 UAH/MWh (-12.3%).
At the recommendation of the nomination committee, the government appointed a new supervisory board for Energoatom, consisting of seven members, four of whom are independent international experts with experience in nuclear energy, finance, risk management, and legal regulation. The state will be represented by officials from the Ministry of Economy (Deputy Minister Vitalii Kindrativ), the State Agency for Restoration (Head of the Agency Serhii Sukhomlyn), and the Ministry of Energy (State Secretary Maksym Malashkin).
The EIB and EBRD will provide Ukraine with an additional EUR 135 million for natural gas imports.