Copyright © 2021 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Germany allocates additional € 88.5 mn for Ukraine’s energy infrastructure

The allocated funds will bolster Ukraine’s resilience against Russia’s airstrikes on energy infrastructure, financing repairs, spare parts, and key equipment such as transformers and generators.
Ukraine's energy workers
Ukraine’s energy workers repairs the power grid damaged by Russian missile strikes. Credit: Ukrenergo

On 21 December, the German government announced an additional allocation of €88.5 million to the Energy Support Fund for Ukraine under the European Energy Community to help Ukraine’s energy grid repair and modernization.

Russia struck about 70 major energy facilities across Ukraine during attacks last fall and winter and, since September 2023, has resumed air attacks on Ukraine’s energy infrastructure.

The German Economy Ministry contributes €54.3 million through KfW, while the Foreign Ministry provides €34.2 million.

“This is linked to the fact that during the second winter of Russian aggression against Ukraine, Russian airstrikes are targeting Ukrainian energy infrastructure,” the report reads.

The funds are designated for financing energy sources, spare parts, and equipment like transformers and generators, which are crucial for maintaining the energy supply in Ukraine. They will also be used to repair destroyed substations and power stations to continue providing electricity and heat to the population.

Part of the funds will also support projects for green energy transition, such as photovoltaic systems on public buildings, and for the “green reconstruction” of Ukraine.

The German government added that these contributions to the Energy Support Fund are part of a winter package for Ukraine worth over €1.6 billion this year. This package also includes military contributions for air defense, development policy support, and humanitarian aid.

Read also:

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!
Total
1
Shares
Related Posts