• Українською
  • Improving the efficiency of electricity transmission: Germany provides over EUR 30 million in support to Ukraine
    Ministry of Energy of Ukraine, posted 11 June 2024 07:57

    The German government, through KfW, is providing EUR 30.4 million to Ukraine as part of the project "Improving the Efficiency of Electricity Transmission".

    The relevant agreement was signed in the presence of the Minister of Energy of Ukraine German Galushchenko in Berlin on the eve of the International Ukraine Recovery Conference.

    The signing ceremony was held with the participation of Minister of Finance of Ukraine Sergii Marchenko, Director-General for Neighbourhood and Enlargement Negotiations Gert Jan Koopman, representatives of the German Government, and CEO of NPC Ukrenergo Volodymyr Kudrytskyi.

    "We are grateful to Germany for the unwavering support that Ukraine has been experiencing since the first days of the full-scale russian invasion. Our power system is an integral part of the European energy grid. We continue to work together to strengthen the energy security of the continent," the Minister of Energy stressed.

    "Reconstruction, modernisation and expansion of the electricity transmission infrastructure are extremely important for the recovery and economic development of Ukraine. Improving energy efficiency and integration of Ukraine's electricity system with Europe will help stabilise electricity supply. As a result, both the business environment and everyday life of Ukrainians will improve across the country," said KfW Board Member Christiane Laibach.

    The project envisages the reconstruction of one of the substations by introducing an automated process control system.

    After the upgrade, the high-voltage substation will meet ENTSO-E requirements for transmission system reliability and grid security, thereby substantially improving the synchronous operation of the Ukrainian and European power systems.