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another 2.5 GW over a longer timeframe. This includes the completion of the Dniester HPP, the Kaniv HPP's construction, and the Kakhovka HPP's reconstruction.
The EBRD will increase financing to restore Ukraine's energy system and prepare for winter. EBRD President Odile Renaud-Basso said that the bank allocated €300M this month to help state energy companies repair facilities damaged by Russian shelling and build new decentralized energy facilities. "This is a kind of beginning, a starting point, it could be higher. We are studying how we can support and develop the power generation system," Renault-Basso said, noting that private companies could also apply for funding. According to her, the EBRD will continue to provide €1.5 to €2B per year for infrastructure support, energy security, recovery, and modernization. Renault-Basso believes that the prospects for financing Ukraine until the end of this year are stable, as foreign partners are likely to fulfill their obligations to support the country. "But 2025, especially winter, will be difficult. We need more clarity on how to cover the financial deficit," she said.
Kyiv plans to build two TPP plants to generate energy from burning garbage. Petro Panteleev, deputy head of the Kyiv city administration, said: "We must use all the ways and opportunities that will allow us to produce energy. This is what the Concept of Energy Sustainability of Kyiv (Energy Recovery: The Path to Distributed Cogeneration) is aimed at. The concept foresees the construction of two thermal power plants on different shores of the capital, which will work on combined fuel and use high-calorie fractions of waste." He added: "For large cities, this replacement of usual types of fuel solves two problems at once - energy shortage and the problem of garbage accumulation. According to him, the capital authorities are currently studying the experience in Lviv, where, with the assistance of the EBRD, the construction of a mechanical-biological waste processing complex is underway. "In the future, the waste processing complex will use the potential of household waste as a source of electrical energy," explained Panteleev.
Ukraine owes green power generation investors about $711.2M. The state
enterprise Guaranteed Buyer is ₴28.9B ($711.19M) in arrears to renewable energy investors under its green tariff obligations. As reported by the state-owned enterprise, the debt is a consequence of Ukrenergo's non-compliance with the terms for fulfilling its financial obligations, violation of the deadlines for making advance payments, and the final settlement for the service of ensuring the increase in electricity production from RES. Ukrenergo owes about ₴22.6B to the Guaranteed Buyer. The Guaranteed Buyer repeatedly appealed to the National Energy Market Regulator with a request for assistance in the repayment of Ukrenergo's existing debt, stressing that the violation of the service payment procedure makes timely and complete settlements with RES producers impossible. According to data from state-owned enterprises, the level of indebtedness to RES enterprises is more than 40% for 2022; this year, it has already reached 40%.
During the war, Ukrainian power generation lost more than 40 GW of capacity. During the full-scale invasion, due to occupation and destruction, Ukraine has lost more than 40 GW of electricity generation capacity, said Yasno CEO Serhiy Kovalenko. He notes that Ukraine's energy system has gone through three phases of destruction:
● The first occurred at the beginning of the full-scale invasion, when the Zaporizhzhia NPP was occupied, and part of the country's wind and solar
105 UKRAINE Country Report July 2024 www.intellinews.com