MNI China Daily Summary: Friday, January 10

MNI BRIEF: China To Adopt Very Proactive Fiscal Policy-Offical

CANADA LIBERAL LEADERHIP VOTE TO REPLACE TRUDEAU SET FOR MAR 9

MNI BRIEF: PBOC Suspends Bonds Trades As Yields Drop

MNI: PBOC Net Drains CNY14.8 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1891 Fri; -2.36% Y/Y

USDA: CORN STOCKS 12,074M BSL ON JAN 1

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.87B BSL

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: EIB Allocates €86mn to Support Ukraine’s Power Infrastructure

POWER
CEEMEAEnergy BulletsBulletPower BulletsUkraineCommodities

The EIB has committed €86mn to support Ukrenergo in building protective anti-drone shelters for critical power substations, as part of the Ukraine Energy Rescue Plan, it said.

  • The funding aims to enhance the resilience of Ukraine’s energy infrastructure amid ongoing military attacks.
  • Russia has destroyed around 9GW of Ukraine’s power generation capacity since the start of March.
  • These attacks have led to curtailments of its vital nuclear units.
  • Periodic blackouts have also occurred in some regions during situations of high demand to not overload the power network.
  • European TSOs have increased power export capacity to Ukraine and Moldova by 400MW to 2.1GW this winter to provide some relief.
  • Recently, Ukrainian thermal power plants were “severely damaged” amid a barrage of Russian missile attacks on 13 Dec, Ukraine’s DTEK said on the day.
  • However, the DTEK did not specify how many units were hit at the time.       
139 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The EIB has committed €86mn to support Ukrenergo in building protective anti-drone shelters for critical power substations, as part of the Ukraine Energy Rescue Plan, it said.

  • The funding aims to enhance the resilience of Ukraine’s energy infrastructure amid ongoing military attacks.
  • Russia has destroyed around 9GW of Ukraine’s power generation capacity since the start of March.
  • These attacks have led to curtailments of its vital nuclear units.
  • Periodic blackouts have also occurred in some regions during situations of high demand to not overload the power network.
  • European TSOs have increased power export capacity to Ukraine and Moldova by 400MW to 2.1GW this winter to provide some relief.
  • Recently, Ukrainian thermal power plants were “severely damaged” amid a barrage of Russian missile attacks on 13 Dec, Ukraine’s DTEK said on the day.
  • However, the DTEK did not specify how many units were hit at the time.