Ukraine energy report

• Ukraine aims to reduce its GHG emissions in 2030 by 65% compared to 1990 levels and to reach carbon neutrality by 2060.
• Renewables should account for 25% of the country's installed capacity by 2030.
• DTEK is the main coal producer and generator of thermal electricity.
• Gas TSO of Ukraine was unbundled from NaftaGas as of January 2020.
• Since 2012, electricity production declined by almost 30%.
• Imports of petroleum products have multiplied by 7 since 2004.
• Coal production fell by 65% between 2013 and 2020.
• Ukraine has implemented new models for electricity and gas pricing.
• The country has sharply raised energy prices, especially for households.
• The government reintroduced a cap on gas prices for households in early 2021.
• Energy consumption per capita is relatively low compared to neighbouring countries.
• Since 2010, total energy consumption has declined by more than a third.
• Coal consumption decreased by more than 40% over 2012-2020 to 42 Mt.
• The country targets 12 GW of wind and solar capacity by 2025.
• Units 3 and 4 of the Khmelnytskyi nuclear power plant are expected in 2026.
• The Ukrainian Electricity System should be synchronised with the EU's power grid by 2023.

• 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 906 bcm (end of 2020). The country's oil resources are far more limited (66 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

  Oil:

  Between 2017 and 2018, gasoline and diesel prices in US$ increased by 35% and 48%, respectively, owing to the depreciation of the national currency and an increase of excise taxes. In 2019, prices remained roughly stable.

  Graph: GASOLINE & DIESEL PRICES (US$/l)

  

• Energy Consumption

  Ukraine's total energy consumption per capita has fallen from 4.9 toe in 1990 to 2.9 toe in 2010 and 2 toe in 2020, which is lower than the average for the EU (-34%) and Russia (-61%). Electricity consumption per capacity is around 2 600 kWh, which is lower than the average for the EU (-53%) and Russia (-59%). It dropped from its peak level of 4 400 kWh in 1990.

• Issues & Prospects

  Because of Russia's annexation of the Crimea peninsula in 2014, Ukraine has lost an estimated US$300bn worth of energy assets and energy reserves/resources. This includes the loss of 18 oil and gas fields, more than 1 200 km of gas pipelines, and an underground gas storage facility.

• 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 (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• 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 (2020, %)
• GRAPH 10: Final consumption market share by sector (2020 %)
• GRAPH 11: Electricity consumption (TWh)
• GRAPH 12: Electricity consumption breakdown by sector (2020,%)
• GRAPH 13: Oil consumption (Mt)
• GRAPH 14: Oil consumption breakdown by sector (2020, %)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Natural gas consumption breakdown by sector (2020,%)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2020, %)

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.