👥 EUEA experts prepared proposals for the reconstruction of RES facilities and discussed them with representatives of leading Associations During the meeting, together with legal experts and representatives of EUEA, UWEA and UARE member companies, were discussed proposals for changes to the Resolution of the CMU №406 of 2017 and the Law "On Alternative Energy Sources" to settle the issue of restoration of RES facilities while preserving the "green" tariff, including those that were damaged as a result of the armed aggression of russian. The proposals were prepared by EUEA experts and given to representatives of other associations for reviewing. Previously, materials were sent to EUEA member companies. Proposals are accepted until Monday, April 17. |
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✉️ The joint RES Associations appeal to NEURC On April 10, EUEA, together with the RES Associations, sent, to the Chairman of the NEURC, comments and suggestions regarding the imbalance formula to the draft Resolution of the NEURC "On Approval of Amendments to Some Resolutions of the NEURC." The letter is attached. |
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🤝 Ukrainian-Italian conference on reconstruction of Ukraine - April 26, Rome The conference will be dedicated to strengthening cooperation between Ukraine and Italy, building business ties and building a reliable foundation for Ukrainian-Italian relations. The following will be discussed during the conference: reconstruction of infrastructure and transport; building cooperation in energy (including renewable energy sources and networks) and environmental protection; joint space and aviation development projects; agricultural industry, etc. The event will be held with the participation of senior officials of Ukraine and Italy. The conference will be attended by representatives of Italian business, including Iveco, Enel, Eni, Ferri, Parmalat, Altec, Leonardo Spa and others. The Ministry of Foreign Affairs invites Ukrainian companies to participate in the conference - registration. |
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⚡️Ukraine resumed electricity exports to Moldova and Poland Ukraine is resuming electricity exports to Europe on the condition of providing priority supply to Ukrainian consumers and surplus electricity production in the power system. According to the results of the auction on April 11, 51% (330 out of 650 MW) of all the available transmission capacity of networks in Moldova was distributed among four participants. On April 12, the energy system of Ukraine had a sufficient capacity reserve. Because of this, it became possible to export electricity to Moldova (30-95 MW at different hours), and from April 12 - to Poland (up to 75 MW at different hours). Currently, the key priority for Ukrenergo is the restoration of power supply reliability. Source. |
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✔️ VRU approved the creation of the State Fund for Decarbonization and Energy-Efficient Transformation On April 11, 2023, the Verkhovna Rada of Ukraine approved Draft Law №8433, which provides for the creation of the State Fund for decarbonization and energy-efficient transformation. The fund was created according to the European principle - "the polluter pays", which, in accordance with the EU Regulation on energy management and climate action, provides for the targeting of environmental taxes on energy efficiency and decarbonization and is applied in 21 EU countries. The funds that will be accumulated to the State Fund will be directed exclusively to the financing of energy efficiency programs and measures. Details. |
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✔️ VRU adopted as a basis a draft law amending the Law of Ukraine "On State Support of Investment Projects with Significant Investments in Ukraine" The changes provide for the reduction of the minimum investment size to €12 million and the number of new workplaces created during the implementation of the investment project from 80 to 50. The investor has the opportunity to start the implementation of the project 12 months before the conclusion of the special investment agreement and make investments in pre-project works. At the same time, the investor can contribute more than 25% of the total amount of investments. In addition, the areas in which the investment project can be implemented have been expanded. Details. |
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👉🏻The mechanism of risk distribution will protect capital investment in Ukraine According to the Deputy Minister of Economy of Ukraine, Oleksandr Hryban, negotiations are currently underway with international donors regarding the creation and filling of the target Trust Fund (the so-called insurance pool), which could act as a reinsurance potential in order to increase the interest of international financial institutions such as MIGA and DFC in the insurance of investment projects. Ukraine expects that this year the fund will accumulate $510 million, which will double thanks to the multiplier effect and the attraction of private capital. Most of these funds will go to support long-term investments. Details. |
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👉🏻 Top 5 priorities in the field of energy for 2023, according to the Chairman of the VRU Committee on Energy and Housing Andriy Herus During the First intercommittee meeting of the Verkhovna Rada of Ukraine and the European Parliament, the Chairman of the Committee on Energy and Housing Andriy Herus noted the top 5 priorities in the field of energy for 2023: restoration of the Ukrainian energy system; energy efficiency, in particular, responsible energy consumption; development of "green" energy; decentralization, development of distributed generation; development of competitive energy markets and their integration with European ones, development of export and import with EU countries. Details. |
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✅RGK connected the first biomethane plant in Ukraine "Regional Gas Company" (RGK) has connected the first biomethane plant in Ukraine to its networks. The enterprise will annually produce about 3 million cubic meters of gas, which does not differ from natural gas and will meet the needs of about 1,500 customers (population and industry). RGK resumed work on connecting the plant immediately after the de-occupation of Chernihiv region in April last year. "We can scale this experience in any region of Ukraine. After all, Ukraine has a huge potential for biomethane production at the same level as the EU, where more than 1,200 plants with a capacity of 3.5 billion cubic meters per year operate," said General Director Oleksiy Tyutyunnyk. Source. |
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✔️ DFC and USAID will help attract private investment in sectors that are of primary importance to the economy The Government of Ukraine concluded a Memorandum of Understanding with the U.S. International Development Finance Corporation (DFC) and the U.S. Agency for International Development (USAID) on attracting investments to Ukraine. "Private capital is an integral component of Ukraine's recovery and sustainable growth. Therefore, foreign investments will be one of the drivers of our economy. Ukraine has wide investment opportunities, which will allow to reveal its economic potential. DFC and USAID will help attract private investments in sectors that are of primary importance for the economy," the Prime Minister emphasized. Source. |
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💲The World Bank will provide Ukraine with an additional $200 million to restore the energy sector The World Bank will provide Ukraine with an additional $200 million to restore the energy industry, Prime Minister Denys Shmyhal said. "In Washington, we signed an agreement with the vice president of the World Bank, Anna Bjerde. The recovery of Ukraine begins this year, and energy is one of our priorities. Funds raised from the World Bank will be directed to the restoration of the heat supply network and systems in Kyiv, Kharkiv, Mykolaiv, Sumy and cities of Chernihiv region," wrote Shmyhal in the Telegram channel. Source. |
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Sincerely, EUEA Team
Dorogozhytska str., 3, UNIT City, building B9, office 5, Kyiv, Ukraine
Mobile (WhatsApp): +38 091 331 0010
mailto: office@euea-energyagency.org |
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Established in November 2009, European-Ukrainian Energy Agency (EUEA) has grown into an effective advocate for the realization of Ukraine’s massive renewable energy and energy efficiency potential, by working within Ukraine’s business community, government structures, and with other key energy market stakeholders. EUEAMembers: Acciona, Beycelik-Elawan Renewable Energy LLС, CES, DTEK Renewables, EMERGY AS, EMSOLT, Electrum, Elementum Energy, Eurocape Ukraine, Fichtner, GOLAW, Guris, Green Genius, Green Future, GrECo Ukraine, GSE&C, iC consulenten, IMEPOWER, Indian Solar, Investment Fund for Developing Countries, Irshanska SES, Khmelnytsky Bio Power Plant, NOTUS Energy, Scatec Solar, Sfera, Sumitomo, SPP Development Ukraine, Thermosystems, TIU Canada, Ukrwindinvestments. |
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