Title: US Demands Russia Exit from Serbian Oil Firm NIS Amid Sanctions

by Lucas Fernandez – World Editor

Zelensky ‍Announces Sweeping Reforms to Ukraine’s Energy Sector

KYIV, Ukraine – Ukrainian President Volodymyr Zelensky announced plans ⁢for a comprehensive “overhaul” of the nation’s energy sector on ⁢Tuesday, responding to vulnerabilities exposed by Russia’s ongoing war and⁢ targeting systemic issues predating the⁢ conflict. The move comes as Ukraine ⁢faces ongoing threats to its energy infrastructure and seeks to accelerate its path toward European integration.

The announcement follows months of Russian attacks specifically targeting Ukraine’s​ power grid, causing widespread blackouts and disruptions. While addressing the nation, Zelensky emphasized the need to move beyond reliance⁢ on centralized systems vulnerable to attack and to embrace a more decentralized, resilient model.

Details released by the President’s office indicate ‌the reforms will‍ focus on increasing energy independence, ​attracting ​foreign ‍investment, and aligning Ukrainian⁤ energy regulations with European‍ standards – a key requirement for ​EU membership. Specific ​measures are expected to include incentivizing renewable energy sources, modernizing ⁣transmission infrastructure, and restructuring ⁢the state-owned energy‌ company, Naftogaz.​

The overhaul also aims to address longstanding concerns about corruption and inefficiency ‌within the‍ sector.Zelensky stated⁤ that accountability and transparency will ​be central to the reforms, promising ‍a thorough review of existing contracts and a crackdown on illicit activities.

Ukraine has been heavily ⁤reliant on ⁤nuclear power, ⁣but the war has raised concerns about the safety of its nuclear facilities,‌ especially the Zaporizhzhia Nuclear Power Plant, currently under Russian⁣ control. Diversifying energy sources and strengthening energy security are thus paramount.

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