Ukraine to receive $825 million from US for energy restoration: Memorandum signed
Photo: Antony Blinken and Andrii Sybiha (mfa.gov.ua)
Ukraine and the United States have signed a memorandum of cooperation in the energy sector worth $825 million. The document provides for the restoration of critical infrastructure and the reform of the energy sector, according to the Ministry of Foreign Affairs of Ukraine.
Ukrainian Foreign Minister Andrii Sybiha and US Secretary of State Antony Blinken signed a Memorandum of Understanding between the governments of Ukraine and the United States on cooperation to enhance the resilience of Ukraine's energy system. The signing took place at NATO headquarters.
The memorandum provides for potential US assistance totaling up to $825 million.
The document establishes a legal framework to improve the resilience of Ukraine's energy system, including:
- restoration of critical infrastructure;
- implementation of distributed generation;
- reform of the energy sector;
- support for the post-war transition to a low-carbon, competitive, and European-integrated economy.
Situation with electricity in Ukraine
On November 28, Russia launched another massive attack on Ukraine's energy infrastructure. Emergency services reported damage in 14 regions of the country.
According to the State Emergency Service, Russian strikes damaged infrastructure in Rivne, Lviv, Kirovohrad, Kyiv, Volyn, Khmelnytskyi, Ivano-Frankivsk, Mykolaiv, and Vinnytsia regions.
Due to the extensive damage, energy providers were forced to increase power outages. The government has yet to predict when the electricity situation might stabilize.
