The United Kingdom has announced an additional contribution of GBP 20 million (EUR 23 million) to the Ukraine Energy Support Fund. The funds from the next UK grant will be transferred to the Fund’s account shortly. The funds will be used to purchase equipment to repair damaged energy infrastructure, strengthen physical protection and provide backup power, including generators and distributed generation.
“We thank the UK Government for this important support. The enemy continues to destroy the Ukrainian energy sector. The help of our partners is essential to carry out repairs, restore damaged facilities and increase peak capacity for the next heating season,” said Minister of Energy of Ukraine German Galushchenko.
The new grant complements the UK’s previous contributions, which have already totalled EUR 50 million. The total amount of contributions to the Fund has reached over EUR 433 million. To recap: the Ukraine Energy Support Fund was established in 2022 at the initiative of Energy Minister German Galushchenko and European Commissioner for Energy Kadri Simson. This is a unique mechanism for consolidating assistance from partners who want to support Ukrainian energy sector in ensuring stable energy supply during russia’s military aggression.
Recently, UK Foreign Secretary David Cameron met with German Galushchenko in Kyiv. During the meeting, the parties announced the launch of the first 13 innovative energy projects under the InnovateUkraine programme. The UK Government will provide GBP 16 million of funding for these projects.