EU to allocate 160 million euros to Ukraine to support energy security
Ursula von der Leyen, President of the European Commission (Vitalii Nosach, RBC-Ukraine)
The European Union (EU) will allocate €160 million ($178.74 million) to Ukraine to support its energy security ahead of the winter. Part of the funds will come from frozen Russian assets, according to European Commission (EC) President Ursula von der Leyen during a press conference in Brussels.
According to the EC President, Ukraine has already received at least €2 billion ($2.23 billion) in energy security support since the start of the full-scale invasion.
Among the additional $178.74 million announced today:
- €60 million ($67.03 million) will be allocated for shelters and heating equipment;
- €100 million ($111.71 million) from frozen Russian assets will be directed towards repair work and renewable energy sources.
"The objective is to address the immediate needs of the population while we make Ukraine's energy system more resilient in the long term. Now, overall, Ukraine needs 17 gigawatts of power capacity for this winter," she said.
Ukraine’s power situation
Currently, the country's energy system is recovering from nine large-scale attacks by Russia since the beginning of the year, and emergency and planned repairs are ongoing at energy facilities.
Meanwhile, the Center for Countering Disinformation has published several possible scenarios for Ukraine’s electricity situation during the autumn-winter period. In case of the optimistic scenario, Ukrainians could have power for 12 hours a day.
