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Ukrainian energy sector's losses from Russia's strikes exceeded $1bn

This is more than 9.2 GW of capacity. 

Ukrainian energy sector's losses from Russia's strikes exceeded $1bn
Repair of damaged equipment
Photo: EPA/UPG

Ukraine's power system has lost more than 9.2 gigawatts of capacity, which equates to more than a billion dollars. This amount is not yet final, as Russia continues shelling, Deputy Energy Minister Mykola Kolisnyk said during a telethon. 

Ukraine is negotiating with its foreign allies to receive equipment from decommissioned thermal power plants. Negotiations are also underway for other equipment for energy companies.

More than €492 million has already been raised, which will be directly used for the needs of energy facilities. 

"In 2023, we carried out a repair campaign, restoring 20 gigawatts of capacity, adding three GW of power to the grid, which allowed us to go through the last heating season stably: without outages, with full consumption. On 22 March, we had a loss of eight gigawatts, and after that we had several more complex attacks. As of today, we have lost more than 9.2 gigawatts, which is more than a billion dollars in losses for the power system," the Deputy Minister said. 

According to him, there is a plan for repairs and restoration to prepare for the peak load period. This requires funding, including cooperation with international partners and revenues from electricity tariffs. 

Kolisnyk reminded that at night, owners of dual-zone meters have a cheaper tariff, so they can plan laundry and other energy-intensive processes for these hours. 

For companies that import 80% or more of their own consumption, the schedules will not apply.

The electricity tariff has been increased since 1 June. It is 4.32 kWh regardless of the volume of consumption. A preferential tariff of UAH 2.64 per kWh is envisaged for consumers using electric heating systems (if they consume up to 2000 kWh of electricity per month during this period). At the same time, the "night tariff" (with the appropriate dual-zone meter installed) will be UAH 2.16 per kWh. 

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