Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Ukraine's grid operator says energy situation has 'significantly' worsened
    Finance

    Ukraine's grid operator says energy situation has 'significantly' worsened

    Published by Global Banking & Finance Review®

    Posted on January 23, 2026

    2 min read

    Last updated: January 23, 2026

    Ukraine's grid operator says energy situation has 'significantly' worsened - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:infrastructure

    Quick Summary

    Ukraine's energy crisis worsens as Russian strikes cause severe damage, leading to widespread power outages and urgent infrastructure repairs.

    Table of Contents

    • Impact of Recent Russian Strikes on Ukraine's Energy
    • Emergency Power Outages
    • Infrastructure Damage and Repairs
    • Government Response

    Ukraine's Energy Crisis Deepens Amid Increased Russian Attacks

    Impact of Recent Russian Strikes on Ukraine's Energy

    KYIV, Jan 23 (Reuters) -  Ukraine's energy situation had "significantly" worsened on Friday morning after recent Russian air attacks, triggering emergency power outages in most regions, Kyiv's grid operator said.

    The dire assessment followed a remark by Energy Minister Denys Shmyhal on Thursday that the country's energy system had endured its most difficult day since a widespread blackout in November 2022, when Russia began attacking the power grid.

    Moscow has stepped up strikes in recent weeks, further damaging already battered infrastructure and leaving large swathes of the population without power and heating during a cold snap.

    Emergency Power Outages

    Several power generation facilities are undergoing emergency repairs as a result of the combined attacks, Ukrenergo said on the Telegram messaging app.

    Infrastructure Damage and Repairs

    "The equipment is operating at the limits of its capabilities," it said, adding that power blocks were carrying a "tremendous" overload due to earlier damage from Russian strikes.

    Government Response

    President Volodymyr Zelenskiy declared an energy emergency last week.

    Ukrenergo said it hoped repairs would be completed in "the near future", which would enable a return to planned outages.

    (Reporting by Yuliia Dysa; Writing by Dan Peleschuk and Anna Pruchnicka; Editing by Daniel Flynn)

    Key Takeaways

    • •Ukraine's energy situation has worsened due to Russian air attacks.
    • •Emergency power outages are affecting most regions.
    • •Infrastructure is heavily damaged, requiring urgent repairs.
    • •Energy Minister highlights the severity of the current crisis.
    • •Repairs are underway to restore planned outages.

    Frequently Asked Questions about Ukraine's grid operator says energy situation has 'significantly' worsened

    1What are emergency power outages?

    Emergency power outages are temporary interruptions in electricity supply, typically implemented to prevent damage to the power grid during crises, such as severe weather or attacks on infrastructure.

    2What is a blackout?

    A blackout is a complete loss of electrical power in a specific area. It can occur due to various reasons, including equipment failure, severe weather, or deliberate actions like attacks on power infrastructure.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostPrysmian to buy Spain's ACSM for 169 million euros, boosting submarine cable leadership
    Next Finance PostKyiv zoo battles to keep animals warm as city shivers through power crisis