Ukraine energy report

• Before the war, Ukraine had ambitious targets for 2030: a reduction of GHG emissions by 65% compared to 1990 levels and a share of renewables of 25% in the power capacity.
• DTEK is the main coal producer and generator of thermal electricity.
• Gas TSO of Ukraine was unbundled from NaftaGas in 2020.
• Since 2012, electricity production has declined by more than a quarter.
• Electricity prices for households were increased by 250% between 2015 and 2017.
• The government introduced a cap on gas prices for households in 2021.
• Total energy consumption declined by more than a third between 2011 and 2020.
• Coal and nuclear represent more than half of this consumption.
• Final consumers are replacing natural gas with electricity.
• The country will have to rebuild the infrastructure destroyed by the war.
• Before the conflict, the country aimed to reach a capacity of 12 GW of wind and solar in 2025 and to start units 3 and 4 of the Khmelnytskyi nuclear power plant in 2026.

• Institutions & Energy Policy

  The Ministry of Energy supervises the energy sector through several departments (oil and gas, electricity, coal, nuclear power).

  The Ministry of Environmental Protection and Natural Resources oversees climate change policy and provides licences for oil and gas field development, among other tasks.

• Energy Companies

  Gas:

  The gas sector is dominated by state-owned company Naftogaz,which was reorganised into public joint-stock companies in 2012.

• Energy Supply

  Resources:

  Coal and gas resources are rather abundant: coal reserves are estimated at 32 Gt, the world's sixth largest. Gas reserves are estimated at 952 bcm (end of 2020). The country's oil resources are far more limited (83 Mt). According to the US Energy Information (2015), shale gas resources amount to 3 600 bcm.

  Ukraine has significant uranium reserves, with 122 kt (RAR < US$260/kgU).

• Energy Prices

  Electricity:

  Regulated electricity prices are set by the regulator NEURC. Ukraine uses a three-step pricing model (also called "increasing block tariffs") where the rate per kWh increases as the volume of consumption increases.

• Energy Consumption

  Ukraine's total energy consumption per capita fell from 4.9 toe in 1990 to 2.9 toe in 2010 and 2 toe in 2021, which is lower than the average for the EU (-35%). Electricity consumption per capacity is around 2 800 kWh, which is lower than the average for the EU (-51%). It dropped from its peak level of 4 400 kWh in 1990.

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

• Issues & Prospects

  The country will have to rebuild the infrastructure destroyed by the war (estimated at over US$105bn as of May 2022) and accelerate its projects of higher integration with EU countries. Most of the projects described in this section are likely to be delayed due to the ongoing war.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Ukraine energy market report graphs:

• GRAPH 1: CO₂-Energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2021, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2021, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for households (US$c/kWh)
• GRAPH 7: Gas prices for industry and households (US$c/kWh)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2021, %)
• GRAPH 10: Final consumption market share by sector (2021 %)
• GRAPH 11: Electricity consumption (TWh)
• GRAPH 12: Electricity consumption breakdown by sector (2021,%)
• GRAPH 13: Oil consumption (Mt)
• GRAPH 14: Oil consumption breakdown by sector (2021, %)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Natural gas consumption breakdown by sector (2021,%)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2021, %)

In the Ukraine energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The Ukraine country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.