Power outages in winter: IMF gives a grim forecast for Ukrainian energy.
20.10.2024
3087
Journalist
Shostal Oleksandr
20.10.2024
3087
Ukraine is facing a power shortage in the winter period, which could reach 3-4 GW. This was reported in the updated IMF memorandum on economic and financial policy as part of the fifth review of the credit program. The Ukrainian authorities have plans to restore the energy sector, including the installation of 1 GW of capacity by 2024. In addition, electricity imports from the EU of more than 2 GW are envisaged, as well as the repair of damaged equipment. The power shortage is linked to the damage to half of the generating capacities, such as thermal and hydroelectric power plants, due to Russian missile attacks.
Consequences of Russian strikes on Ukrainian energy
Read also
- Global Leaders and 5,000 Participants Set to Gather in Gdansk for Ukraine's Reconstruction Summit
- Hungary and Slovakia Paid €687 Million for Russian Oil, Fueling Moscow's Billions Through the Druzhba Pipeline
- Copper and Brass Prices Surge: How Much Ukrainians Can Earn from Scrap Metal
- Russia's Energy and Agriculture Sectors in Turmoil: Oil Output Drops and Gasoline Rationing Begins
- Europe’s Tallest Bridge Set for Construction in Romania, Just 45 km from the Ukrainian Border
- Which Bank Transfers Are Tax-Free in Ukraine? Tax Authority Clarifies Key Rules
