Ukraine plans to build 7.1 GW of renewable capacity, 750 MW storage capacity
The Ukrainian Ministry of Energy has unveiled plans to build 7.1 GW of new renewable energy capacity and 750 MW of first stage storage capacity, as well as switch to market models of green energy with a focus on green auctions.
Ukraine also considers a possible 10 GW of hydrogen export from Ukraine to the EU, which would contribute to the country’s green transformation. Ukraine having recently received the status of EU candidate (June 2022), the country also expressed its intention to achieve the goals of the European Green Deal simultaneously with other EU member states.
Ukraine has not yet given any specific timeframe to reach these objectives. Before the start of the war in February 2022, Ukraine targeted 25% of renewable installed capacity by 2030, 70% renewables in the power mix by 2050 and planned to reach carbon neutrality by 2060.
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