energy deficit

European gas prices hit four-year highs

Front-month natural gas futures prices on the Dutch TTF hub exceeded 97 euros ($109) per megawatt-hour on Oct. 26, roughly $1,140 per 1,000 cubic meters. That price level was reached for the first time since 2022, according to Interfax-Ukraine.

26 October, 03:13 PM

Trump: Ukraine should stop hitting Russia’s energy sector because it is causing diesel shortages

Ukraine should stop striking Russian energy infrastructure because, in his view, those attacks are causing shortages of diesel fuel, President Donald Trump told reporters while visiting the Irish Open golf championship on Sept. 13.

13 September, 07:55 PM

How Ukraine avoided blackouts during record heat wave

Ukraine managed to avoid power shortages and blackouts during a period of record-breaking heat thanks to several factors: the availability of reserve thermal power units, optimized repair schedules at nuclear power plants, and reduced electricity consumption, former Energy Minister Olha Buslavets told Interfax-Ukraine on Aug. 10.

11 August, 01:02 PM

Russia plans to refine oil in Kazakhstan to ease fuel shortage

Kazakhstan is negotiating with Russia to refine Russian oil at its refineries, with the resulting products to be sold domestically and partly shipped back to Russia, Kazakhstan's Energy Ministry told Reuters on July 30.

30 July, 07:05 PM

$5 per liter of fuel, 10 days without power—Crimean realities explained by Zelenskyy's rep

Denys Chystikov, deputy permanent representative of the president of Ukraine in the Autonomous Republic of Crimea, spoke on Radio NV on July 13 about the fuel and energy crisis gripping the peninsula and the growing anger among Crimean residents.

14 July, 07:25 PM

Kremlin decides to ban gasoline exports starting April 1

Russian Deputy Prime Minister Alexander Novak instructed the Energy Ministry to prepare a draft resolution banning gasoline exports from April 1, according to The Moscow Times.

28 March, 04:39 PM

Ukraine cannot lift emergency blackouts due to power deficit

Emergency power outages cannot currently be canceled in most regions of Ukraine due to a significant power deficit and damage to transmission and distribution networks, national grid operator Ukrenergo reported on Feb. 8.

8 February, 03:05 PM

NBU records anemic economic growth in Q1 2025

Ukraine’s real GDP grew 0.5% YoY in Q1 2025, the National Bank of Ukraine (NBU) reported on April 25.

25 April 2025, 09:41 PM

Emergency power outages affect four oblasts of Ukraine amid energy shortages

Emergency power outages were introduced in Sumy and Poltava oblasts, regional energy authorities said on Telegram on Feb. 6.

6 February 2025, 10:16 AM

Ukraine faces electricity deficit by 2027 — National Bank

The Ukrainian energy system has shown strong resilience, with quick equipment repairs leading to slight improvements, though a deficit is expected to persist until 2027, according to the National Bank of Ukraine’s January 2025 Inflation Report.

31 January 2025, 04:52 PM

Renewable energy could save Ukraine, experts argue

A team of Ukrainian and international researchers, including Iryna Doronina from the Technical University of Munich (TUM), propose renewable energy sources as the foundation for rebuilding Ukraine's energy system.

19 September 2024, 11:43 PM

energy deficit