heating

Strengthening energy security through modernised district heating in Kremenchuk

Sector: Clean Energy
Status: Active

Swedfund is financing a pre-feasibility study to identify investments that can strengthen and modernise the district heating system. The study will examine backup and distributed heat generation, energy-efficiency measures, network modernisation, digital control and opportunities to use renewable energy.

Kremenchuk’s district heating system is critical to the city’s energy supply but is affected by ageing infrastructure and the consequences of the war. The system is highly dependent on a combined heat and power plant that is both outdated and damaged.

Published: September 14, 2026Last updated: October 2, 2026

Facts

Date of signing
June 2026
Status
Active
Sector
Clean Energy
Sub-sector
Telecom
Region
Eastern Europe
Country
Ukraine

Project type
Pre-feasibility study
Estimated project cost
4 MSEK

Project owner
Kremenchuk Teploenergo

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

The project is expected to support a safer and more reliable heat supply, reduce energy use and lower heat losses. It can also create the conditions for lower emissions and future investment in a more sustainable and resilient energy system.

Other projects within

Clean Energy