electricity grid

Modernising and improving Ukraine’s energy production

Sector: Clean Energy
Status: Active

The overall objective of the project is to contribute to Ukraine’s energy security as well as Ukraine’s National Greenhouse Gas Emission Reduction Plan (NGREP).

Ukraine’s energy infrastructure has been severely damaged during due to Russia’s full-scale invasion. Part of Ukraine’s energy strategy is to restore short term production capacity primarily from gas-fueled combustion, as well as a green transition in the medium to long term to achieve its net zero target. This includes increasing the capacity for renewable energy and modernising  and decarbonising  existing production facilities, among others. 

Published: December 30, 2025Last updated: February 24, 2026

Facts

Date of signing
October 2025
Status
Active
Sector
Clean Energy
Sub-sector
Energy Production
Region
Eastern Europe
Country
Ukraine

Project type
Other
Estimated project cost
15 MSEK

Project owner
Ukrnafta

SDG in focus

Icon for UN Global goal 1 No poverty

No Poverty

End poverty in all its forms everywhere.

Icon for UN Global goal 8 Decent Work and Economic Growth

Decent Work and Economic Growth

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Icon for UN Global goal 13 Climate Action

Climate Action

Take urgent action to combat climate change and its impacts.

Value creation

Expected Impact

Restoring power and heat production capacity is key for Ukraine to be able to function as a society and economy. Decreased energy losses and greenhouse gas emissions. The plant’s design will enable a longer-term green energy system by increasing the share of renewable energy.

Other projects within

Clean Energy