Espreso. Global

Germany allocates €65 million to Ukraine for energy infrastructure restoration

Lina Mostavlyuk
26 November, 2024 Tuesday
18:27

Germany has contributed €65 million to the European Energy Community through the Kreditanstalt für Wiederaufbau to help rebuild Ukraine's damaged energy infrastructure

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This announcement came from the German Federal Ministry for Economic Affairs.

Federal Minister for Economic Affairs and Energy Robert Habeck emphasized the critical need for this support, citing the constant Russian airstrikes targeting Ukraine's energy infrastructure.

"An energy supply collapse during a third wartime winter would have devastating consequences for Ukraine's economy and people. That’s why supporting Ukraine now is more vital than ever. With this contribution to the Energy Community’s Energy Support Fund, we’re helping to sustain Ukraine’s energy supply so its people can continue to access electricity and heating," Habeck stated.

According to the ministry, the Energy Support Fund enables Ukraine to procure spare parts and equipment needed to repair damaged energy infrastructure.

The European Energy Community oversees procurement tenders and cost monitoring for the necessary materials. Additionally, Germany is funding projects aimed at a "green" energy transition by installing photovoltaic systems at key facilities such as schools and hospitals, reducing reliance on traditional fuels.

By the end of 2023, Germany had already donated over €155 million to the Energy Support Fund. This amount is set to grow, reaching €360 million by the end of 2024. Germany is currently the largest contributor to the fund, having raised around €629 million since February 2022 — highlighting its ongoing commitment to Ukraine amid the war.

  • Meanwhile, Major General Christian Freuding, head of the German Ministry of Defense’s special staff for Ukraine, announced that Germany would deliver 150–200 MRAP armored vehicles to Ukraine by year’s end.
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