“After more than four years of full-scale war, Russian attacks have placed large parts of Ukraine’s energy system under severe pressure,” the statement said.
“Norway is now providing NOK425 million (approximately EUR40 million) for decentralized energy production, renewable energy, battery storage and flexible local energy systems. This funding will strengthen the resilience of Ukraine’s energy supply, help speed up recovery and keep critical services running.”
Foreign Minister Espen Barth Eide said the program will focus on making the Ukrainian grid less vulnerable to Russian air strikes in the future.
European Commissioner for Enlargement Marta Kos said focusing on renewables and decentralized production will strengthen Ukraine’s energy security and advance the EU’s green-transition priorities.
The Norwegian government said the support will be delivered
through the EU Investment Framework for Ukraine, a mechanism designed to
mobilize additional financing from banks and other financial institutions.