Norway Provides $45 Million for Ukraine's Energy Resilience Before Winter
Norway will provide $45 million (NOK 425 million) to Ukraine for energy resilience before winter, channeled through the EU's Ukraine Investment Framework. This aid supports decentralized power, renewables, and battery storage. It is part of Norway's ongoing financial support to Ukraine this year.
Norway announced on May 26 it will provide NOK 425 million ($45 million) to support Ukraine's energy resilience ahead of winter. These funds will be channeled through the EU's Ukraine Investment Framework, focusing on decentralized power.
The package aims to fund decentralized energy production, renewables, battery storage, and flexible local energy systems. Norway's Foreign Minister Espen Barth Eide emphasized the urgency of preparations, stating, «Winter may seem far away, but preparations must be made now.»
This contribution aligns with a series of Norwegian transfers this year. In January, Oslo pledged $400 million for energy and public-sector salaries. February saw an €86.4 million top-up to the Ukraine Energy Support Fund, bringing Norway's total contribution to €163.6 million. In March, $200 million was transferred to Ukraine's budget via the PEACE project for pensioners, teachers, and emergency workers. President Volodymyr Zelenskyy visited Oslo in April to sign a joint declaration on defense and security cooperation.