President proposes special incentives to US companies to rebuild Ukraine’s energy system damaged by Russian attacks.
In a bid to rebuild Ukraine’s energy system damaged by Russian attacks, Ukrainian President Volodymyr Zelenskyy met with business representatives in the United States to seek investments in the country’s energy sector. The primary focus of the meeting held in New York was to prepare Ukraine’s energy system for the upcoming winter season amidst fears of power outages.
Zelenskyy proposed special incentives to representatives from energy, finance, and insurance companies, along with officials from the US Agency for International Development and the deputy secretary of state for management and resources. The President emphasized that this proposition is a crucial point in Ukraine’s victory plan.
The relentless Russian air strikes on Ukraine’s energy infrastructure have left cities without power for hours at a time, leading to grave concerns about the availability of electricity this winter. International organizations have condemned Russia’s targeting of civilian power infrastructure as a war crime.
Grim forecasts
Experts predict that Ukrainians may face power outages ranging from four to 18 hours a day this winter. The International Energy Agency and European Union have pledged support to help Ukraine repair its energy grid and enhance heating capacity as winter approaches.