can announce that a new 3.5 billion Euro payment for Ukraine will arrive already in March second as president Costa just has announced there will be a special European Council and I will present at this special European Council a comprehensive plan for defense investment for scaling up our European arms production and defense capability but also for investment in Ukraine's defense industry scaling up your arms production your defense capabilities so this will be a plan for the European Union and for Ukraine and then there's a third point I want to speak about that is energy for three
years Russia has sought to plunge Ukraine into darkness by relentlessly targeting the energy infrastructure therefore the commission has prepared an ambitious package on energy security the aim is to ensure a resilient a secure competitive Energy System for Ukraine together we have managed during this winter already to provide 1.8 gwatt but now we will fully integrate Ukraine's and moldova's electricity Market in our own electricity Market by the end of next year and we will seee the full potential of Ukraine's vast gas storages of which 80% are located closer to the EU member states and this will
generate income for Ukraine and we will accelerate investment in Ukraine's renewable energy all these efforts will result in greater energy security for both the European Union and Ukraine
