KYIV, March 7 – Losses in Ukraine's energy sector due to Russian strikes had exceeded $20 billion by the end of 2024, reported Energy Club Vice President and former Head of the State Agency for Energy Efficiency (2021-2023) Valeriy Bezus, citing the Ukraine Fourth Rapid Damage and Needs Assessment (RDNA4).
"The fourth report assessing damage and recovery needs across Ukraine's economy under the auspices of the World Bank has recently been completed. We conducted a substantial effort to update data for this report regarding the energy sector. According to the assessment team, by the end of 2024, the direct, quantifiable losses had nearly doubled, reaching over $20 billion," Bezus said during the online event "Energy Dialogue: Results of Winter 2024/2025, Recovery Challenges, and Development Prospects for the Next Winter," hosted by Energy Club on Friday.
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