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    Home > Finance > Ukraine energy minister warns of more power cuts, possible Russian attacks
    Finance

    Ukraine energy minister warns of more power cuts, possible Russian attacks

    Published by Global Banking and Finance Review

    Posted on February 4, 2026

    2 min read

    Last updated: February 5, 2026

    The image depicts the logo of Norway's Sovereign Fund, which plans to divest from Israeli companies due to the ongoing humanitarian crisis in Gaza. This decision reflects ethical investment practices and highlights the fund's significant influence in global finance.
    Norway's sovereign fund logo reflecting divestment from Israeli stocks amid Gaza conflict - Global Banking & Finance Review

    Quick Summary

    Ukraine faces worsening power cuts as Russian forces threaten new attacks on energy infrastructure, warns energy minister.

    Table of Contents

    • Current Energy Situation in Ukraine
    • Impact of Russian Attacks
    • Government Response and Measures
    • Emergency Crews in Action
    • Assurances for Heating and Power

    Ukraine's Energy Minister Alerts of Increased Power Cuts Amid Threats

    Current Energy Situation in Ukraine

    Feb 5 (Reuters) - Ukraine's energy minister warned households on Wednesday that planned blackouts could worsen in coming days and Russian forces could launch a new air attack to further disable power and heating networks.

    Impact of Russian Attacks

    Denys Shmyhal said well over 200 emergency crews were at work in the capital restoring heating to apartment buildings after a series of mass Russian attacks in January. Kyiv Mayor Vitali Klitschko said on Tuesday that more than 1,100 buildings remained without heating.

    Government Response and Measures

    "The situation with energy remains very difficult. There is a risk that timetables for power cuts could get worse," Shmyhal wrote on Telegram after a daily meeting of senior officials devoted to energy issues.

    Emergency Crews in Action

    "This is linked to the last strike and the fact that the shortfalls in generation in the power system are still significant. And the Russians are preparing for new attacks on the energy sector in the coming week."

    Assurances for Heating and Power

    Shmyhal said that buildings where restoring heating is likely to take some time were to receive assurances that they will have electricity for 18 hours a day.

    Prime Minister Yulia Svyrydenko, also writing after the daily meeting, said 217 Russian attacks on Ukraine's energy system had been recorded since the beginning of the year. She provided a list of assistance, including hundreds of generators, supplied by European countries and the U.N. Children's Fund.

    President Volodymyr Zelenskiy, speaking in his nightly video address, said the situation in Kyiv was worse than in other cities and resources were being redirected to the capital, along with additional help to Ukraine's second-largest city, Kharkiv.

    Zelenskiy on Tuesday said Russia had deployed hundreds of drones and a record number of ballistic missiles in its latest mass attack on Ukraine focusing on energy sites on the eve of three-sided peace talks with Russia and the United States.

    (Reporting by Ron Popeski and Oleskandr Kozhukhar; Editing by Himani Sarkar)

    Key Takeaways

    • •Ukraine's energy minister warns of worsening power cuts.
    • •Russian forces may launch new attacks on energy infrastructure.
    • •Over 200 emergency crews work to restore heating in Kyiv.
    • •217 Russian attacks on Ukraine's energy system recorded this year.
    • •President Zelenskiy highlights severe energy issues in Kyiv.

    Frequently Asked Questions about Ukraine energy minister warns of more power cuts, possible Russian attacks

    1What are planned blackouts?

    Planned blackouts are scheduled power outages implemented by utility companies to manage electricity demand and ensure grid stability during shortages.

    2What are emergency crews?

    Emergency crews are specialized teams deployed to respond to crises, such as restoring power and heating during outages caused by disasters or attacks.

    3What are Russian attacks in the context of energy?

    Russian attacks refer to military actions targeting Ukraine's energy infrastructure, which aim to disrupt power and heating services, particularly during conflicts.

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