Russian War Against Ukraine: Energy Dimension | DiXi Group Alert – weekly review 22.12.2023

December 18 – 22

Summary

• • On December 20, due to technical issues at the Ladyzhynska TPP, 110 kV substations were shut down, and over 200,000 consumers in the Vinnytsia region were disconnected for 2 hours.
  • On December 21, the Russian military attacked 2 mines in the city of Toretsk with 4 air bombs. The attack killed three workers and injured five others.
  • As of December 21, 467 settlements in Ukraine remained without electricity due to hostilities and technological disruptions – Ukrenergo.
  • At the Zaporizhzhia NPP, the occupiers informed the IAEA experts of installing four mobile diesel boilers to generate additional steam needed to perform various nuclear safety functions. The IAEA team was again denied access to the north-western part of any of the six turbine halls.
  • The government amended procedures on imposing public service obligations on natural gas market entities. Consumer categories which receive gas from companies of Naftogaz Group at discounted prices now include operators of gas turbine/piston installations (16,500 UAH/tcm) and religious organizations (16,390 UAH/tcm).
  •  The Ministry for Communities, Territories and Infrastructure Development presented the draft updated 2021-2027 Regional Development Strategy. Among its priorities – restoration and development of infrastructure based on the Build Back Better principle.
  • The Supervisory Board of the Energy Efficiency Fund approved amendments to the VidnovyDIM programme: the maximum grant that a homeowners association (HOA) can receive for one project was increased from 7.2 million UAH to 7.9 million UAH.
  •  The Kyiv Regional Military Administration, in cooperation with the community of Bila Tserkva, is looking for over 300 million UAH to overhaul the CHP.
  • The government of Ukraine has expanded the list of large-scale privatization with 65.001% in PJSC Kharkivenergozbut. Also, it approved the 2023 financial plan and investment program of Naftogaz.
  • The Ministry of Finance and the EBRD reviewed the portfolio of joint projects for the first time in two years. There are 12 projects under implementation (2.56 billion EUR), disbursement reached 62.8% of the total amount borrowed. Particular attention was paid to the Special capital support project for Ukrenergo (150 million EUR).
  • Energoatom has successfully started transporting spent nuclear fuel from operating NPP units to the Centralized Spent Nuclear Fuel Storage Facility (CSNFSF).
  • Naftogaz announced the “integration” of 4 more DSOs into its structure, having completed the process of returning 27 such enterprises under state management.
  • The Ukraine Energy Support Fund has received 88.5 million EUR in additional grants from the German Federal Government. The focus will be on basic repair materials and equipment, as well as RES projects.