Ukraine has released its "Concept of Green Energy Transition until 2050", based on three pillars: ensuring energy security, ensuring sustainable energy production and consumption, and reaching climate neutrality by 2070.
Ukraine will seek to decarbonise its economy, mainly through energy efficiency measures and through the development of renewable power generation. By 2050, renewables should cover 70% of the power mix, with a significant part (15%) from solar rooftop installations, and decentralised power supply should increase noticeably; in 2018, wind and solar only accounted for less than 2% of the power mix. Raising the share of renewables in power supply is expected to reduce the share of extractive industries in the Ukrainian economy, to reduce its dependence on gas imports and to reduce transportation losses on the gas, electricity and heat networks (that are ageing and need to be modernised). Coal-fired power plants should be replaced by 2050 by wind, solar, biomass-fired and gas-fired power plants. Cogeneration will be encouraged, along with energy storage and carbone capture and storage (CCS) technologies where it is economically feasible. Ukraine will seek to reduce the share of nuclear power generation from an average 50% to 20-25%, even if new Small Modular Reactors (SMRs) could be built, and will maintain the share of hydropower at its current level (around 6%).
The long-term energy strategy also aims at building modern energy markets and at integrating them with European markets.
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