4 FAQs about Financing for the 10MWh Energy Storage Battery Cabinet Project in Ukraine

Does EBRD support Ukraine's energy security?

The European Bank for Reconstruction and Development (EBRD) is supporting Ukraine 's energy security by lending €22.3 million to private Ukrainian energy company Power One for the financing of new peaking generation capacity and battery energy storage systems (BESS).

How will Bess impact Ukraine's energy supply chain?

Meanwhile, integrating BESS will significantly enhance energy diversification and allow for flexibility in the energy supply chain. Incorporating both technologies will help to stabilise Ukraine's grid during peak demand periods, reducing the frequency and duration of power outages and ensuring uninterrupted electricity supply.

Why are Ukraine's energy facilities being destroyed?

Ukraine's energy facilities have faced a campaign of destruction since the start of Russia's full-scale invasion, with the attacks intensifying in October 2025.

Why do we need a gas-fired peaker in Ukraine?

As Ukraine faces its fifth wartime winter, distributed flexible power generation and BESS are urgently needed to preserve the power system and ensure Ukrainians have electricity and heating during the coldest months of the year. Gas-fired peakers operate only during periods of high electricity demand to balance the grid and prevent blackouts.

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