Tuesday, November 29, 2016

Full-fledged energy market is being formed in Ukraine?

Prime Minister Volodymyr Groysman has announced about signs of formation of competitive energy market in Ukraine - he posted this on his Facebook page.

Tuesday, November 22, 2016

Reform of the Ukrainian energy market is very slow...

Despite the adoption of the Law of Ukraine on the Natural Gas Market and a number of regulations, introduced to put into practice the opportunities afforded by the Law, there was no significant interest from European traders to join the market. Moreover, domestic market players continue working in the environment making their operations more complicated and forcing them to incur additional financial commitments.

Friday, November 18, 2016

COP22 in Marakech pledged to move ahead with implementation of Paris Agreement

In the Marrakech Action Proclamation Parties to UNFCCC confirmed heir “commitment” to the “full implementation” of the Paris Agreement and called for “the highest political commitment to combat climate change” and “strong solidarity with those countries most vulnerable to the impacts of climate change”. In the Proclamation, developed countries reaffirmed their $100 billion mobilization goal per year by 2020 to support climate action by developing countries.

Friday, November 11, 2016

New "green" tariffs in Ukraine

According to resolution of the National Energy Regulatory Commission, new "green" tariffs for solar and wind power generation by private households with capacities not exceeding 30 kW came into force in Ukraine last week. New tariffs are differentiated depending on year of the beginning of operations:

Friday, November 4, 2016

International forum in Kyiv discussed investment opportunities in Ukrainian alternative energy market

Ukrainian Alternative Energy Forum ’16 was held in Kyiv on November 3, 2016. The event brought together more than 400 representatives of the sector, including investors, government officials and financial institutions from more than 20 countries.

Friday, October 28, 2016

Ukrainian Government, UN and World Bank launch Multi-Partner Trust Funds to support economic recovery and peacebuilding in Ukraine

The international partners are ready to support the efforts of the government of Ukraine on recovery of the infrastructure and peacebuilding, tailored to the specific needs of conflict-affected communities. The Funds will address difficult resource and institutional capacity constraints, as well as economic hardship  and social problems of the communities affected by the conflict in Eastern Ukraine.

Friday, October 21, 2016

International energy expert: West have to do much more to help Ukraine in energy reforms

Edward C. Chow, senior fellow of the Center for Strategic and International Studies and well known expert on international oil and gas industry, considers energy reform in Ukraine as crucial factor to its political stability and economic prosperity. As long as reform is stalled, the energy sector will continue to corrupt Ukrainian politics and to make the country more vulnerable to external threats.

Tuesday, October 18, 2016

Energy efficiency fund can help Ukraine to reduce gas consumption by 9 billion cubic meters

This is a statement of Ukrainian Vice Prime Minister, Minister for Regional Development, Construction and Housing Hennadiy Zubko which he made at the forum "Energy independence. Establishing energy efficiency fund".

Friday, October 14, 2016

EIB supports investments in power transmission projects in Ukraine

The European Investment Bank (EIB) has so far provided two loans totaling EUR 325 million to support projects implemented by Ukraine's National Power Company (UkrEnergo).

Tuesday, October 11, 2016

Ukraine’s IT sector ranks third among country's exports

Ukraine currently exports billions of dollars worth of software every year. By 2020 its IT market could expand to $5.7 billion from $2.7 billion in 2015, according to a study by PricewaterhouseCoopers.