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Kiev's energy security plan to cost over $1.3 billion

Ukrainian capital works to attract funding from Western partners

Mar 10, 2026 22:37 45

Kiev's energy security plan to cost over $1.3 billion  - 1

The adopted energy sustainability plan for the Ukrainian capital will cost over 60 billion hryvnias (1.3 billion USD), according to Kyiv City Council member Andriy Vitrenko.

„In total, this project costs over 60 billion hryvnias. That is, we have approximately one-sixth of this money that can already be spent“, he said in a video posted on the Telegram channel of Ukrainian publication Novosti.Live.

The city is working to attract funding from Western partners, in particular from the European Investment Bank. He added that Kiev's current budget is “over 106 billion hryvnias (approximately 2.4 billion USD)“.

Earlier, the Kyiv City Council approved the capital's energy sustainability plan. A day earlier, Kyiv Mayor Vitali Klitschko said the city needed significant resources to implement the plan. He said that the state owes Kiev 12 billion hryvnias (approximately 273 million USD) in tariff differences. In addition, the mayor added, the city was deprived of 7 billion hryvnias (approximately 160 million USD) in 2025. Kyiv, the mayor noted, has the largest district heating system in Europe and its rapid restoration and creation of local heat sources without state support would be difficult.

Problems with power supply in Kyiv and the surrounding region began at the end of 2025 due to serious damage to energy facilities in the capital region and lasted for more than a month. As a result, serious problems with water and heating also arose. According to Klitschko, at certain periods the power supply capacity was insufficient even to meet the needs of critical infrastructure. Against this background, Volodymyr Zelensky has repeatedly stated that the city authorities are to blame for the current situation because they did not prepare the infrastructure. Klitschko, for his part, accuses national authorities of a lack of funding and assistance in organizing the city's daily operations.