Ukraine's Energy Needs Over Next Decade Estimated at $91 Billion, Shmyhal Says

Ukraine's energy sector will require at least $91 billion in investment over the next decade, Prime Minister Denys Shmyhal said, according to Ukrainian state news agency Ukrinform.

Shmyhal made the estimate during a dialogue with Canadian entrepreneurs that was also attended by Ukrainian President Volodymyr Zelensky, the agency reported.

According to Ukrinform, participants in the dialogue discussed successful cooperation projects between Ukraine and Canada, as well as promising areas for further collaboration.

The report did not provide additional details on the breakdown of the $91 billion figure or specify which segments of the energy sector — such as generation, transmission, or reconstruction of damaged infrastructure — the estimate covers.

Ukraine's energy infrastructure has faced significant strain since the start of the full-scale war with Russia, with the country repeatedly reporting attacks on power facilities. Kyiv has sought international investment and partnerships to help finance repairs and modernization of its energy grid.

Ukrinform did not specify the date or location of the dialogue with Canadian entrepreneurs, nor did it name other officials or business representatives who took part.