Thursday, December 7, 2023
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US to invest 522 USD to improve resilience of Ukraine’s energy system

The United States intends to provide assistance to Ukraine in the total amount of 522 million US dollars, after the signing of a Memorandum of Understanding (MoU) whose goal is to improve the resilience of Ukraine’s energy system.

In particular, the MoU aims at the restoration of Ukraine’s damaged electricity, heating and gas infrastructure, including the purchase and installation of main lines autotransformers. It also focuses on strengthening the resilience of the power system through increased adequacy and flexibility, including improvement of resiliency to power disruptions in essential services sectors like heating, water, sanitation, transport, telecommunications and health. It proposes the installation of distributed gas generation (including CCGT turbines of US production). And it foresees the expansion of distributed generation from renewable and other energy sources in the power and heat sectors.

Overall it aims at strengthening Ukraine’s physical interconnection with European gas and electricity networks and developing energy sector reforms consistent with European Union acquis. The MoU also included cooperation in the field of nuclear energy and the protection of Ukraine’s most critical energy infrastructure.

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