February 2-8

  • On the nights of February 3 and 7, Russia carried out two massive strikes on Ukraine’s energy system, using a total of more than 850 strike UAVs and 110 missiles, targetingmainly power generation facilities, substations, and electrical networks, including key 750 kV substations and thermal power plants in a number of regions. Despite the destruction of 86–91% of air targets by air defense forces, the attacks led to the suspension of heat supply to tens of thousands of consumers, the forced unloading of nuclear power plants, and a significant increase in the power deficit in the energy system.
  • The government announced the first results of its energy support programs: the first 0% loan was issued under the “5–7–9%” program for energy equipment, 306 applications were submitted for UAH 384 million, and almost 14,400 applications from sole proprietors were financed under the “Energy Support for Sole Proprietors” program for a total of about UAH 144 million. In addition, within the framework of the “SvitloDIM” program, the first 12 applications from homeowners associations for UAH 3.3 million were approved.
  • There were no commercial exports of electricity from Ukraine. Imports increased by 20.5% to 319,300 MWh.
  • The average hourly price of electricity on the day–ahead market (Base DAM index) for February 2–8 showed a significant increase to 11,388.2 UAH/MWh (+21.3%);
  • As of the end of 2025, the state–owned company Guaranteed Buyer had paid UAH 54.3 billion for electricity from RES for 2021–2025, of which UAH 46.52 billion was for 2025 (96.2% of the total amount due), while Ukrenergo’s debt for the corresponding PSO service reached UAH 14.71 billion, including UAH 0.775 billion accumulated in 2025.
  • The Cabinet of Ministers updated the Procedure for the Formation and Activities of Supervisory Boards (SB) of State Unitary Enterprises, reducing the maximum number of members of SB to 9 and expanding the requirements for independence, avoidance of conflicts of interest, and the work of SB committees. The new procedure also abolishes the need for approval by the Cabinet of Ministers when reappointing members
    of supervisory boards of strategic enterprises, details absentee voting, and introduces regular reporting by SB committees.
  •  Naftogaz needs EUR 250 million in financing to purchase critically important equipment to restore the company’s destroyed facilities, according to CEO Serhiy Koretsky. 
  • The debt of heating companies amounts to UAH 154.5 billion, of which UAH 104.7 billion (68%) is accounted for payments for natural gas. The largest debts are owed to Naftogaz Trading LLC (UAH 67.4 billion).
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