July 6 – 12 As a result of a massive Russian missile and drone attack on July 6, facilities of the electricity, gas distribution, and gas production infrastructure in Kyiv and several regions of Ukraine were damaged, causing temporary disruptions in electricity and gas supplies and the shutdown of one of Naftogaz Group’s gas production […]
On June 22, 2026, the World Bank’s Board of Directors approved a new Development Policy Operation (DPO-1 2026) in the amount of USD 3.39 bn: USD 1.0 bn of which is a DPO loan and USD 2.35 bn is an additional grant. A number of other conditions and commitments were defined that will enable Ukraine […]
June 29 – July 5 As a result of a massive Russian missile and drone attack on July 2, energy infrastructure facilities in Kyiv and several regions were damaged, leading to localized power and gas outages. Due to the extreme heat, the Ministry of Energy instructed relevant agencies and energy sector enterprises to optimize repairs […]
With this issue, we launch a series of quarterly analytical reviews dedicated to the development of corporate governance of state-owned enterprises in Ukraine. The reviews are prepared as part of the research Assessing Control Architecture in State-Owned Energy Enterprises in Ukraine: Gaps in Corporate Governance Implementation and focus primarily on the state-owned energy sector, where […]
June 22-28 Commercial imports of electricity to Ukraine fell by 39.1% to 47.1 GWh. Exports, however, rose by 14.3% to 50.1 GWh. Thus, export volumes exceeded imports for the first time since October of last year. For the first time in nearly 20 years, the Ministry of Energy invested funds from the financial reserve for […]
According to the fifth Rapid Damage and Needs Assessment (RDNA5), direct damage to Ukraine’s infrastructure has already reached EUR 165 billion, economic losses amount to EUR 565 billion, and reconstruction needs over the next ten years are estimated at EUR 498 billion. At the same time, only EUR 17.2 billion was allocated for reconstruction between […]
Although this report covers a wide range of topics – from governance and fiscal policy to infrastructure, energy, logistics, critical minerals, defence industries and development finance – a number of common themes emerge. Resilience Is Becoming a Core Economic Objective Economic policy has traditionally focused on efficiency, cost reduction and optimization. Recent geopolitical, security and […]
June 15-21 On the night of June 15, Russia carried out another massive attack on Ukraine’s energy infrastructure, with the capital as the main target. In total, the enemy launched 70 missiles and 611 drones, leaving 140,000 consumers in Kyiv without power supply. European Commission President Ursula von der Leyen announced the allocation of EUR […]
The summer season of 2026 is a key stage in Ukraine’s preparations for the 2026/2027 heating season. Unlike the previous season, Ukraine has entered the injection period with a better starting position in terms of gas volumes in UGS facilities; however, this advantage does not eliminate the need for significant additional storage. The government’s baseline […]
This paper examines the state of Ukraine’s energy system ahead of the 2025–2026 summer period, assesses key risks, and outlines potential scenarios for ensuring energy security in a wartime environment. The analysis is based on an attempt to apply the methodology of the European Network of Transmission System Operators for Electricity (ENTSO-E), which takes into […]
June 8-14 The Cabinet of Ministers of Ukraine approved the Long-term Low Greenhouse Gas Emission Development Strategy until 2050, which outlines the path toward achieving climate neutrality and decarbonizing the economy. The document provides for additional GDP growth of up to 2.1% by 2035, a reduction in the economy’s energy intensity by more than half, […]
June 1-7 On the night of and morning of June 2, Russia launched a massive missile and drone attack on energy infrastructure facilities. The main strike hit Kyiv, where 140,000 consumers were left without power. A Russian drone damaged a container receiving building at the Centralized Spent Fuel Storage Facility (CSFSF), but the radiation situation […]