According to the IEA report, Ukraine's electricity shortage could reach 6 GW this winter, which is about one-third of the expected peak demand.

The European Union (EU) will allocate €160 million ($178.74 million) to Ukraine to support its energy security ahead of the winter. Part of the funds will come from frozen Russian assets, according to European Commission (EC) President Ursula von der Leyen during a press conference in Brussels.

The European Union has announced plans to transfer €160 million ($173 million) from frozen Russian assets to Ukraine, as concerns grow over the country’s energy situation ahead of winter. This move comes after 80% of Ukraine’s thermal power plants were destroyed by Russian forces during the ongoing conflict,