According to an analytical article published by Carnegie Europe, Ukraine has intensified its energy reform efforts, partly due to the country’s accession to the Energy Community in 2011. Nonetheless, the reforms remain unfinished.
The authors of the article underline that renewable energy sources (RES) are likely to be the fastest growing source of power in Ukraine over the coming years, as the country will need to comply with EU directives, and that new projects are receiving fairly generous subsidies. Ukraine has undertaken to ensure that, by 2020, the share of RES in overall energy consumption will be at least 11 per cent.
The main conclusion of the authors is that Ukraine has significant work left to do in order to secure its energy future, its economy, and its national security. The article was developed as part of Carnegie’s Reforming Ukraine project and is supported in part by grants from the Centre for East European and International Studies (Zentrum für Osteuropa- und internationale Studien, ZOiS) and the Open Society Foundations.
