Ukraine and Germany have signed a series of energy agreements totaling more than €155 million. The agreements cover the restoration and modernization of Ukraine’s energy system, accelerated deliveries of critical equipment, and the development of distributed power generation.
The agreements were concluded following the Ukrainian-German Business Forum, attended by Ukrainian President Volodymyr Zelenskyy and German Chancellor Friedrich Merz. The two sides signed a total of 15 documents worth more than €8.5 billion, including over €155 million allocated to the energy sector.
One of the key agreements was signed between Ukraine’s Ministry of Energy and Germany’s Siemens Energy. The parties will cooperate on restoring, modernizing and strengthening the resilience of Ukraine’s energy system. In particular, they are considering the deployment of 12 Siemens Energy gas turbines for distributed power generation.
Ukraine’s national electricity transmission system operator, Ukrenergo, reached agreements with German grid operators 50Hertz and Amprion to accelerate the delivery of critical energy equipment to Ukraine. This includes transformers, cables and switching equipment. The German partners will help identify available manufacturing capacity and expedite order placement with international equipment manufacturers.
A separate memorandum of understanding was signed between Naftogaz of Ukraine and Siemens Energy. The cooperation will cover energy infrastructure protection, security assessments, crisis management, cybersecurity and the modernization of Ukraine’s underground gas storage facilities.
As part of the cooperation with Naftogaz, the parties are also exploring a project to supply five gas turbine-driven compressor units to expand the capacity of Ukraine’s underground gas storage facilities. In addition, they are considering the deployment of gas turbine-based power generation and Siemens Energy automated control systems.
Separately, Germany announced a €250 million contribution to the Ukraine Energy Support Fund. The funding is intended to help Ukraine restore damaged infrastructure and prepare its energy system for the winter season amid ongoing Russian attacks.
