December 2025 was a moment for the Ukrainian energy sector to sum up the interim results of an extremely difficult year. The industry entered winter with tangible risks to the system balance. The combination of tariff decisions, market activity and investments in generation formed a complex, but already more manageable picture on the eve of 2026.
November was marked by increased investment in energy generation and storage. The Norwegian company Fenix Repower announced plans to build two wind farms in the Rivne region. Each wind farm will have 9–12 turbines with a capacity of 7 MW, which is an important step towards the energy independence of the region. The project received support from the Norwegian agency Norad, and the regional authorities announced maximum assistance for its implementation.
January 2026 revealed the high vulnerability of Ukraine’s power system due to massive attacks and extreme weather conditions, which caused an emergency regime, emergency outages and local shortages (up to ~500 MW in Kyiv, ~30% nationwide during critical hours). Accelerating the development of cogeneration, distributed generation and coordinating policies and financing is key to increasing resilience in the short and medium term.
