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

Dear subscribers! Due to the suspension of funding for all US foreign assistance programmes for 90 days, the weekly review ‘Russian War Against Ukraine: Energy Dimension’, which used to be prepared within the framework of the USAID Energy Sector Transparency project, will be temporarily published in a limited format – as a summary of the main events in the sector.

At the same time, DiXi Group NGO has prepared a survey for subscribers to receive feedback on the priority thematic sections of the review that should be continued to be covered. This will allow the team to match the interests of readers with available resources and develop an optimal format for the weekly review during the period of suspension of USAID support.

We would like to thank our audience for their continued interest in the weekly review ‘Russia’s War on Ukraine: The Energy Dimension’. We would also like to assure you that we will continue to look for opportunities to develop this information and analytical product in order to meet the interest of our audience in a timely and high–quality manner.

Survey in English (for international readers)

February 10 – 16

On February 11, Russia launched a combined attack on gas production facilities in the Poltava region, using up to 19 missiles of various types and 124 attack drones. As a result of the enemy attack, Naftogaz’s production facilities in Poltava region were damaged, and 9 settlements in Myrhorod district were left without gas supply. Ukrenergo urgently applied emergency power outages to minimize the consequences for the power system.
On the night of February 16, Russia attacked with drones a combined heat and power plant in the city of Mykolaiv, leaving 100,000 customers without heat supply; 67 invincibility points were deployed in the city, medical facilities are supplied by modular boiler rooms.
According to the Ministry of Energy, power supply was restored to 129,890 consumers during the week.
On February 11, one of the two power lines to the temporarily occupied Zaporizhzhia NPP (ZNPP) was cut off as a result of enemy shelling, the Ministry of Energy reported. The planned rotation of the IAEA team at ZNPP was canceled due to intense military activity in the region.
On February 14, Russia carried out a drone attack on the New Safe Confinement (NSC), which contains the remains of the reactor destroyed in the Chornobyl accident. The IAEA team at Chornobyl recorded significant damage, including a hole about six meters in diameter and damage to equipment and electrical cables. As of the morning of February 17, the radiation background at the NSC and on the territory of the Chernobyl NPP remains stable.
According to KSE Institute estimates, the total amount of direct damage caused to Ukraine’s infrastructure as a result of Russia’s full–scale invasion reached almost USD 170 billion as of November 2024.
Due to the cold snap and increased consumption, on February 10–12, for the first time in 2025, electricity supply restrictions were imposed on industry and business, which lasted for 35 hours or 21% of the week.
Commercial exports of electricity from Ukraine were carried out only on February 10 and fell by 98% to 0.4 GWh over the week, while imports increased by 58% to 68.5 GWh.
The monthly Base BCM index (bilateral contracts market) for February remained at 5,413.8 UAH/MWh (+1.6% compared to January).
As a result of growing market demand, the average hourly price of electricity on the day–ahead market (Base DAM index) increased to 5,887.7 UAH/MWh (+5.4%) over the week; the total sales volume increased to 752.3 GWh (+2.3%).
The Cabinet of Ministers of Ukraine adopted a resolution to allocate a subsidy of EUR 100 million to local budgets to restore critical infrastructure, ensure energy resilience and modernize public utilities. Regional military administrations are finalizing the evaluation of applications and will soon determine the project shortlist.
The Verkhovna Rada of Ukraine passed a lawl that unblocks the completion of Khmelnytsky NPP Units 3 and 4, allowing Energoatom to purchase equipment (reactors) from Bulgaria.
Hungarian company MET Gas and Energy Marketing AG is negotiating with the Gas Transmissions System Operator of Ukraine LLC to organize gas transit from Hungary to unrecognized Transnistria via Ukraine – Moldovan media.
As of February 15, 2.4 bcm of gas was accumulated in Ukrainian storage facilities, corresponding to 8% of the total working volume; withdrawals over the week were equal to 485.5 mcm (–0.1% compared to the previous week).
On February 10–14, Ukrtransgaz, the UGS operator, purchased 45.2 mcm of gas at the exchange at a weighted average price of 31.3 UAH/cm (excluding VAT). The purchased gas will be delivered in February–April 2025.
Dmytro Lyppa, CEO of the GTS Operator of Ukraine LLC, announced his resignation after the 2024/2025 heating season; the company’s Supervisory Board has already launched a competitive selection process for a new CEO.
The second company in Ukraine exported 27.4 tcm of biomethane across the Ukrainian–Polish border to Germany.
Ukrnafta PJSC is finalizing a five–year investment plan that envisages the construction of about 1 GW of new electricity capacities (gas–to–power, renewables, storage facilities) by 2028, says Duncan Nightingale, Chairman of the Supervisory Board.
The Swiss Federal Council approved the Program of Cooperation with Ukraine for 2025–2028, which provides for allocation of CHF 1.5 billion for economic recovery, protection of civilians, and development of energy and water supply.
The European Investment Bank (EIB) allocated a EUR 16.5 million grant to integrate renewable energy generation systems in schools and hospitals renovated with EIB municipal loans.
South Korea, through the UNDP, will allocate USD 20 million to restore Ukraine’s frontline regions under a new project ‘From Humanitarian Assistance to Early Recovery in Kherson, Sumy, and Zaporizhzhia Regions.’