According to President Zelenskyy, after the Russian strikes, Ukraine's energy sector lost significant generating capacity, which necessitates rational consumption of electricity until it is restored.
Due to significant restrictions on the part of the NPC (about a third of normal consumption) and the maximum import capacity of 1. 7 GWh, stabilization outage schedules will be reintroduced in Ukraine starting from 19:00 today.
The Economic Policy Committee is working on the issue of economic reservation, but it is difficult to say when it will be resolved as discussions are ongoing to find a fair compromise that would support the Ukrainian economy while ensuring a fair approach to reservation and mobilization.
Despite the power outages, Ukrainian citizens will have access to medical, social and public services as the government ensures energy autonomy for critical institutions through generators and solar power plants.
In 2023, Naftogaz launched 86 new wells and to reach production of about 15 billion cubic meters of gas in 2024 to increase Ukraine's energy independence and resilience.
The government instructs the Ministry of Infrastructure and the Energy Efficiency Fund, together with local authorities, to develop programs that will ensure minimum energy independence for communities and apartment buildings.
The Government of Ukraine is working to rebuild the energy infrastructure, decentralize and ensure reliable energy supply to critical facilities, improve energy efficiency and increase energy production to address the difficult situation caused by Russian attacks on the energy system.
Defensive structures are being built all over Ukraine, including in regions far from the front line, such as Odesa, as part of a planned effort to prepare for all possible scenarios and provocations and to ensure greater security.
On May 16, scheduled hourly power outages will be introduced throughout Ukraine for residential and industrial consumers to ensure the safe operation of the power grid.
Slovak Prime Minister Robert Fico was attacked, which was strongly condemned by President of Ukraine Volodymyr Zelenskyy and Prime Minister Denys Shmyhal as an unacceptable act of violence against the head of a partner state.
In the first quarter of 2024, 9 new industrial parks were registered in Ukraine, specializing in various activities such as woodworking, construction materials, food processing, etc. , creating about 11,000 jobs and contributing to economic growth.
Ukraine and Luxembourg have begun bilateral negotiations on an agreement on security cooperation and long-term support, and after the first round of talks, significant progress has been made toward signing the document.
Prime Minister Denys Shmyhal meets with US Secretary of State Anthony Blinken in Kyiv to discuss a $400 million military aid package, strengthening Ukraine's air defense, confiscating Russian assets in favor of Kyiv, and creating opportunities for US private sector investment in Ukraine.
The Cabinet of Ministers of Ukraine has established the Strategic Investment Council to form a unified project portfolio of public investments and coordinate reform efforts with the support of partners.
The Cabinet of Ministers of Ukraine has adopted a resolution that simplifies the construction and placement of gas piston and gas turbine units, cogeneration units, boiler houses, generators and related networks during martial law to ensure sustainable heat and power supply in the 2024/25 heating season in the face of Russian aggression.
Ukraine is working to restore and reconstruct the energy sector, develop decentralized generation and minimize risks before the start of the next heating season.
The European Union has approved the extension of Ukraine's 'trade visa-free regime', allowing duty-free and quota-free trade for another year, providing important support to Ukrainian producers, exports and the economy.
Ukraine is discussing a possible increase in electricity tariffs within a month due to the need for funds to prepare for the fall-winter period and repair energy facilities damaged by shelling.
The Cabinet of Ministers has allocated an additional UAH 189. 5 million to continue the restoration of damaged apartment buildings in Kyiv region.
The Energy Efficiency Fund has launched the GreenDom program, which will allow condominiums to receive compensation of up to UAH 1 million for the installation of solar power plants and up to UAH 2 million for the installation of heat pumps for heating.
The Cabinet of Ministers has approved a decision allowing two Ukrainian banks to attract up to EUR 30 million from the European Investment Bank to support Ukrainian small and medium-sized businesses by improving preferential lending conditions.
The Cabinet of Ministers will allocate UAH 7. 1 billion to purchase equipment to restore Ukraine's high-voltage power grid and better synchronize it with the EU grid.
Prime Minister Denys Shmyhal met with German Minister for Development Svenja Schulze to discuss the implementation of joint projects, coordinate work ahead of the Recovery Conference in Berlin in June, and emphasize Ukraine's fruitful cooperation with the German Reconstruction Credit Institution (KfW), which supports small and medium-sized enterprises that are crucial to Ukraine's recovery.
Ukraine may have to raise electricity tariffs as it needs more than $1 billion to prepare for the fall and winter period.
Two models of economic reservation are discussed: one where persons liable for military service pay 35,000 hryvnias in taxes for the maintenance of a soldier, and the other with industry quotas where companies pay the minimum wage of a soldier for each reserved employee.
The Government has set up the Headquarters for Preparing for the Next Heating Season. It will coordinate measures aimed at overcoming the consequences of hostile attacks on the energy sector and adapting the fuel and energy complex to new challenges.
Ukraine's Prime Minister Denys Shmyhal held an online meeting with his Bulgarian counterpart Dimitar Glavchev to discuss Ukraine's military needs and Bulgaria's support for Ukraine's integration into the EU and NATO.
The Cabinet of Ministers held a meeting to prepare for the supply of generators to critical infrastructure facilities for the next heating season, which will help decentralize the energy system and make it less vulnerable to Russian attacks.
15 thousand entrepreneurs have received grants under the eRobota program in Ukraine, supporting new businesses and creating thousands of new jobs, contributing to the gradual economic recovery and improving business activity.
The Cabinet of Ministers of Ukraine has approved the procedure for acceptance, maintenance, service and accounting of military engineering and fortification structures created to enhance the country's defense capability under martial law.