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Ukraine has a high potential across all renewables: solar, wind, water, geothermal and biomass. Already today, new renewable energy installations are cheaper than fossil fuel and nuclear power plants in most countries. Green and renewable energy is perhaps the most important industry of our time. We face an unprecedented challenge in the fight against climate change.
Global investment in renewable energy rose two percent to $279.8 billion in 2017, a UN-backed report recently showed. In reality, economic and environmental factors are rapidly creating a new set of mainstream investment opportunities in renewable energy. The renewable energy sector of Ukraine is seeing rapid growth, driven by falling costs and global energy demands.
The current energy policy of Ukraine, approved by government, is called Energy Strategy of Ukraine for the Period until 2030. It states that the use of renewables is important to improve energy security and to reduce the environmental impacts of the energy sector. Renewable energy in Ukraine is important on a national level but also has international implications: to help enhance energy security in Europe and to combat climate change.
According to the National Renewable Energy Action Plan, renewable energy’s share in the Ukraine gross solar energy consumption needs to reach 11% by 2020, which implies a total renewable energy use of 8,530 kilo ton of oil equivalent. In 2030 estimated renewable energy use would be 15,500 kilotons of oil equivalent /year in the business as usual. That would represent 17.7% of the estimated gross nal energy consumption of 87,636 kilo ton of oil equivalent/yr.
The gross solar energy consumption of Ukraine would grow by 32% in the period between 2009 and 2030 whereas total renewable energy use would jump by six-fold. Total production will increase by 48.1% in the entire period, from 189 TWh to 284 TWh. This is faster than the total growth of total nal energy consumption,
indicating the increasing importance of power in Ukraine. Future additions in generation capacity are expected primarily from coal, hydro, nuclear and other renewables.
The average annual amount of total energy from solar irradiation in Ukraine ranges from 1,070 kilowatt hours (kWh)/m2 in northern regions to as much as 1,400 kWh/m2 to the south, and higher in the Crimea peninsula. Solar PV equipment can be efciently operated throughout the year but the months of peak efciency are from April to October in southern regions and May to September in northern ones. Based on various studies, there is a 4 GW reasonable potential in Ukraine for solar power.
Use of alternative energy sources in Ukraine, primarily solar energy, is very promising. The average potential of solar energy in Ukraine (1235 kilowatt hours (kWh)/m2) is above average and higher than in Germany, a leading producer of solar energy in Europe (1000 kilowatt hours (kWh)/m2). The comparison of Global Horizontal Irradiation (GHI) maps is presented below.
Ukraine’s energy system offers a number of commercial opportunities for both new construction and refurbishments, given the outdated power-and-heat production capacities and the demand growth expectations. There is also a growing business case for renewables. The National Renewable Energy Action Plan to 2020 and the longer-term Ukrainian energy strategy are promising steps to planning and target setting that will help to accelerate the uptake of renewable energy in Ukraine.
Ukraine company «SOLAR ENERGY KR» looking for an investor for building solar power station. Very profitable and important for investors from China, Germany, India, Canada, Israel and the USA!!!
For all questions about the project please contact: Tel (Viber, WhatsApp): +380674416705, +380675588799