Energy Storage in Ukraine – Upcoming Regulatory Changes and New Opportunities

Ukraine is the biggest country in Europe by area, with a population of forty-two million people, and has one of the oldest, most centralised, most inflexible energy systems in Europe. Despite these challenges, Ukraine can decarbonise its energy system by embarking on an ambitious green energy transition agenda.

The Ukrainian government, supported by key industry players such as the local TSO, is eager to take on this important challenge: the country has signed the Paris Agreement; it has decided to support the European Green Deal; and it aims to have 80% of RES in the energy mix by 2050.

The ultimate goal is to transition to a carbon-neutral economy by 2070. Especially in the first months of 2020, the Ukrainian Government has increased its commitment to a greener energy system. Despite the COVID-19 pandemic, moreover, the Government does not plan to change its strategy. With the contribution of energy storage, Ukraine can achieve a greener, decarbonised, decentralised energy system.

EASE, the European Association for Storage of Energy, and UESA, the Ukrainian Energy Storage Association, welcome these initiatives. The associations and their members, coming from Industry, research centres, and universities, aim to support Ukrainian stakeholders in this transition.