The Cabinet of Ministers of Ukraine approved the draft State Budget for 2027 at its meeting. According to First Deputy Prime Minister of Ukraine – Minister of Energy Denys Shmyhal, nearly UAH 100 billion has been allocated to the energy sector in the draft.

According to him, the priorities are the protection and restoration of energy facilities following Russian attacks and the development of distributed gas generation. UAH 60 billion has been allocated for these purposes.

UAH 8.8 billion consists of funds from international partners for the development of Ukrenergo, Ukrnafta and Ukrhydroenergo.

“We will direct these funds towards increasing capacity and accelerating our integration into the EU energy markets and energy system,” Denys Shmyhal emphasized.

More than UAH 2.6 billion is allocated for grant projects for businesses and the housing sector. According to the Minister of Energy, the aim is to improve energy efficiency and energy security.

Another UAH 3.2 billion is allocated for the maintenance of the Chornobyl Nuclear Power Plant. Our key task is to ensure radiation safety and support the Chornobyl plant despite all challenges.

UAH 2.1 billion is allocated to the coal industry, including miners’ salaries.

UAH 700 million in expenditures is earmarked for additional payments to energy workers involved in emergency restoration works. According to Denys Shmyhal, this is a matter of fairness for the people on whose shoulders the country’s entire infrastructure rests.

“I thank my colleagues in the Government for supporting the document. We look forward to its approval by the Verkhovna Rada!” the First Deputy Prime Minister of Ukraine – Minister of Energy noted.