PJSC National Energy Company Ukrenergo on December 24 announced a tender for compulsory insurance of civil liability of owners of land vehicles (MTPL). As reported in the system of electronic public procurement ProZorro, the expected cost of the purchase of services – 6.551 million UAH. The last day for submitting applications for participation is January 5.
NEC Ukrenergo is a state-owned company, the operator of the electricity transmission system (TSO) of Ukraine. Ukrenergo is responsible for dispatch control of the unified energy system of Ukraine, operation and development of backbone power grids, balancing of the system and ensuring stability of electricity transmission, as well as for interstate overflows and access to grids at the transmission level.
Concorde Capital investment group plans to launch 18.4 MW of gas-piston power generation in early 2026, which is currently in the construction phase , founder and owner Igor Mazepa said.
“Our Encraft energy project is a network of distributed generation facilities and energy storage systems. We act as an investor, structure financing, attract partners and are responsible for the further sale of the business,” he wrote on his Facebook page after a meeting with CEO Club participants.
In addition, Mazepa said the group plans to introduce 40 MW/160 MW*h energy storage systems in different regions of Ukraine by the end of 2026.
“The context that everyone is well aware of: generation deficit, volatile prices and demand for flexible capacity. According to our estimates, these conditions will persist at least until 2029,” he noted.
Concorde Capital founder noted that the group is open to co-investment in the said project.
“Energy today is not an abstract ‘idea’, but a concrete investment logic backed by a team of strong specialists and real numbers,” he believes.
As reported with reference to Mazepa, Concorde Capital planned to invest EUR120 mln in energy projects by the end of 2025 and expected to be able to build an energy company worth over $1 bln in “a couple of years”. In early 2025, Mazepa, with the help of four unnamed partners, purchased a 50 MW energy storage system for EUR32 mln and planned to contract equipment for a gas-fired power plant for EUR30 mln to create a single energy complex.
Representatives of JSC Khmelnytskoblenergo and French EDF International Networks have agreed on the technical parameters for the modernization of power grid equipment as part of the development of design and estimate documentation for the grant project for the transition to 20 kV.
“The modernization envisages the transfer of power grids to 20 kV, which meets EU standards and will improve the reliability of electricity distribution. Funding in the amount of EUR 13 million is provided by a grant from the French government,” Khmelnytskoblenergo said on its website on Monday.
As noted in the company, Khmelnytskoblenergo and EDF continue to implement a EUR13 million project to increase the resilience of electricity distribution networks. The essence of the project is to modernize and digitalize power grids, substations, distribution points, and change the grid voltage from 10 to 20 kV.
“This is the only such project in Ukraine that will be implemented with grant funds,” the regional power company added.
Within the framework of the project, preliminary designs of 0.4/20 kV substations and networks have already been approved, a geodetic survey of the design zone of networks and substations has been conducted, and the criteria and requirements for protecting data transmission channels have been determined.
According to the project, power grids will be switched to 20 kV within the selected location, which will significantly improve the reliability of electricity distribution for 19 thousand customers. Two 10/20 kV transformers will be installed at the two substations, and one 20 kV switchgear will be installed at each substation. It is estimated that 50 km of 20 kV cable lines will be laid and 82 transformer substations will be converted to 20 kV. Fiber-optic lines will be laid alongside the cables to build an efficient telemetry system that will display information at the dispatcher’s workstation.
According to Yuriy Mayevsky, First Deputy CEO of Khmelnytskoblenergo, working meetings between his company and EDF take place several times a week in the course of the project.
“We have put a lot of effort into the preparation and implementation of the project. It will be important for the development of Ukraine’s entire energy sector using modern European technologies. As a result, a clear plan for the modernization and development of the region’s power grids will be formed. And this will become an example for other regions of the country,” he said.
Khmelnytskoblenergo reminded that the grant project is being implemented under an agreement between the governments of Ukraine and France to promote the restoration and support of critical infrastructure and priority sectors of the economy, and is also aimed at implementing a memorandum between the Ministry of Energy of Ukraine and EDF International Network.
https://interfax.com.ua/news/economic/1131052.html
Weather in Ukraine on Christmas Day, December 25, is expected without precipitation, the wind is predominantly north-western, 5-10 m / s, reports Ukrhydrometcenter. The temperature at night 7-12° frost, in the daytime 1-6° frost; in Transcarpathia and Crimea at night 0-5° frost, in the afternoon from 1° frost to 4° heat. In Kiev on Thursday, December 25, also without precipitation, wind north-west, 5-10 m/s. The temperature at night 8-10° frost, during the day 2-4° frost.
According to the Central Geophysical Observatory named after Boris Sreznevsky. Borys Sreznevsky, for the entire time of meteorological research on December 25 in Kiev, the highest temperature was 8.2° of heat in 2014, the lowest 21.0° of frost in 1969.
On Friday, December 26, at night in the northern, Kharkiv, Poltava, Cherkassy regions, in the afternoon throughout Ukraine, except for the extreme west, snow, snowstorm, icy roads are expected.
Northwest wind, 7-12 m/s, at night in the northern regions, in the afternoon in Ukraine gusts of 15-20 m/s. The temperature at night is 3-8° frost, up to 12° frost in the Carpathians and the Carpathian region; during the day from 3° frost to 2° warm, in the east of the country 1-6° frost. In Kiev on December 26, snow, snowstorms in the afternoon, icy roads. The wind is northwesterly, 7-12 m/s, with gusts of 15-20 m/s. The temperature at night 4-6° of frost, during the day about 0°.
The National Bank of Ukraine (NBU) has applied to PJSC IC Respect (Odessa) a penalty measure in the form of a fine totaling UAH 2.880 mln for submitting reports to the regulator in violation of the deadlines.
Such decision was made by the Committee on Supervision and Regulation of Non-banking Financial Services Markets on December 22, 2025, based on the results of a scheduled inspection, which was carried out by the Inspection Department of the National Bank.
Thus, a fine in the amount of UAH 2.4 million was imposed for violation of the requirements of the Rules of compiling and submitting reports by participants of the non-banking financial services market to the National Bank of Ukraine. A fine in the amount of UAH 480 thousand has been imposed for violation of the requirements of the Regulation on authorization of financial service providers and conditions of their activities on provision of financial services.
Private JSC “IC ”Respect” is obliged to pay the fine within a month from the date of entry into force of this decision.
As it was informed, IC Respect has been working in the market of Ukraine since March, 1995. The main portfolio of risks of the company is connected with the transport sector.
In January-September 2025 the company has collected UAH 67,672 mln of net premiums that is 68% more than in the same period of 2024.
The company paid UAH 11.967 mln during the mentioned period, which is 4.3 times more than in the same period a year ago. At the same time, administrative expenses amounted to UAH 313 thousand, which is 2.2 times more than in January-September 2024.
The financial result from operating activity of IC “Respect” for nine months has amounted to UAH 5,538 mln (less in 3,8 times), net profit – UAH 8,601 mln (less in 2,7 times).
According to the data of the NCSSM as of the first quarter of 2025, LLC “AMC ”Yug-Invest“ (Mutual closed non-diversified venture investment fund ‘Industrial’) owned 67,935% of the shares of the insurer, LLC ”Lyubimiy Gorod“ – 9,646%, LLC ”Bereg building service 2017″ – 9,242%.
Copper prices on Tuesday for the first time exceeded the mark of $ 12 thousand per ton.
Quotes of three-month futures for copper on the London Metal Exchange (LME) by 13:44 Q1 rose by 1% to $ 12,059 per ton.
Since the beginning of the year, the metal has risen in price by about 37%. If the same dynamics will be shown at the end of the year, it will be the strongest rise since 2009.
Quotes are supported by serious problems at some deposits and changes in trade flows due to the tariff policy of U.S. President Donald Trump.
The possibility of Trump’s introduction of duties on copper is one of the main factors in the growth of prices for this metal. The states have significantly increased its imports, forcing production companies from other countries into a highly competitive battle for the metal.
Outages at major mines in Chile and Peru and delays in Indonesia have reduced production by 8-12%, and the slow pace of new project development is limiting the global supply of concentrate.
In addition, Chinese smelters have agreed to the lowest-ever zero treatment and refining tariffs for 2026, which only emphasizes supply constraints and gives miners an additional bargaining advantage.
Meanwhile, demand in the electric vehicle, data center and power grid segments remains strong, with Goldman Sachs forecasting more than 60% growth in copper demand between now and 2030, Trading Economics wrote.
Earlier, the Experts Club information and analytical center released a video on global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa.
