KYIV, Oct 21 – The electricity production deficit for Ukraine during the upcoming heating season is estimated at 3-4 GW, with downside risks prevailing due to continued Russian attacks on energy facilities. However, plans are underway to mitigate the shortfall, according to the Memorandum of Economic and Financial Policies related to the fifth review of the Extended Fund Facility (EFF) with the International Monetary Fund (IMF).

"Staff estimates a sizable winter electricity deficit (3–4 GW) with downside risks prevailing, as missile attacks continue. The authorities have an ambitious plan involving up to 1GW of extra generation capacity (including gas turbines) by end-2024, boosting imports from the EU beyond 2GW, and energy repairs by key players such as DTEK to much of its damaged thermal power capacity," the memorandum stated.