APRIL 13 – 19

  • On the night of April 16, Russia launched a massive attack on Ukraine’s energy infrastructure, causing power outages in several regions and damaging power lines, particularly in the Poltava region. In Dnipro, some consumers were left without gas, and as a result of a strike on a DTEK facility in Kyiv, an employee was injured and critical infrastructure was destroyed.
  • Under the memorandum on financing energy sector recovery, as of April 1, 2026, Ukrainian banks increased the total volume of lending to 41.5 billion UAH, of which 38.6 billion UAH went to businesses and 2.9 billion UAH to households. The funds raised have already facilitated the implementation of generation projects with a total capacity of over 1.5 GW and 631 MW in related sectors, particularly in energy storage and heat supply.
  • Ukrenergo’s debt to balancing market participants rose to a record 30.9 billion UAH (+40% since the start of 2026), while market participants’ debt to the company reached 46.3 billion UAH (+9.5%).
  • Following the results of a public consultation, the NEURC revised the draft resolution on price caps in the wholesale electricity market and moved away from hourly differentiated price caps. Instead, it was proposed to return to uniform ceiling prices for all hours (15,000 UAH/MWh for the Day-Ahead and Intraday markets and 17,000 UAH/MWh for the balancing market), effective May 1, 2026; the final decision has yet to be adopted at a meeting of the regulator.
  • The NEURC adopted amendments to the Gas Distribution Systems Code, which introduce a unified approach to billing of household consumers of gas with a clearly defined list of information and the option to receive a single bill for gas supply and distribution. The changes also provide for the choice of payment document format (paper/electronic) and the implementation of the requirements of Directive 2024/1788 on common rules for the internal markets in renewable gas, natural gas, and hydrogen; the changes will take effect on October 1, 2026.
  • During the German-Ukrainian intergovernmental consultations, a new EUR 233 million financing package was announced by the German Federal Ministry for Economic Cooperation and Development (BMZ) to support Ukraine’s energy sector, industrial recovery, and social infrastructure. Separately, during the Spring Meetings of the International Monetary Fund and the World Bank in Washington, the Ukrainian side agreed with the U.S. Export-Import Bank to establish a USD 300 million financing mechanism for the purchase of energy equipment for the Naftogaz Group.
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