War and Energy: Weekly Review of Developments in Ukraine
The week was defined by international support and capacity build-up: partners delivered equipment and financing, while the IMF agreed an updated schedule of energy reforms.
Key developments of the week
- Ukrnafta, with EBRD support, has launched a project to build a gas-fired CHP plant of about 250 MW. The plant will supply electricity and heat to the local community and provide ancillary services to the power system. The company is currently running a second round of market consultations with equipment suppliers under EBRD procurement rules.
- According to the Ministry of Energy, Ukraine already has roughly 1.8 GW of distributed gas generation, 7.3 GW of solar and 1.115 GW of wind capacity, and more than 600 MW of energy storage. Since March, 388.8 MW of new gas generation has been commissioned, with another 532.2 MW in progress.
- NEURC published a draft resolution introducing an annual consumer survey to determine VOLL (value of lost load), the economic cost of unplanned outages. A single national VOLL figure would be derived from data on outage-related losses, backup power costs, and consumers' willingness to pay to avoid interruptions or to accept compensation for them.
- Since the start of 2026, Ukraine has received 4,466 units of energy equipment from international partners, including generators, transformers, cogeneration units and modular boiler houses. A further 1,204 units are expected shortly. Since March 2022 the country has received 2,505 humanitarian shipments weighing 32,000 tonnes in total, of which over 28,300 tonnes have already been passed on to the regions.
- The EBRD is considering up to EUR 70 million within a loan package of up to EUR 250 million for two wind farms with a combined capacity of 258 MW. They are expected to generate about 730 GWh a year and cut CO₂ emissions by roughly 469,000 tonnes annually.
- The IMF completed the first review of Ukraine's Extended Fund Facility (EFF), unlocking access to about USD 690 million. For the energy sector, the programme sets updated deadlines for adopting a roadmap for the gradual liberalisation of the electricity and gas markets (by end-2026) and includes measures to strengthen the independence and integrity of NEURC, including passing the relevant bill by end-October 2026.