Recap of the EUEA’s discussion on Carbon Border Adjustment Mechanism (CBAM) and its impact on Ukraine’s electricity sector held on April 11

EUEA director Anastasiia Vereshcynska held a discussion with Rouven Stubbe from Berlin Economics, Svitlana Andrushchenko and Olha Yevstihnieieva from the Reform Support Team at the Ukrainian Ministry of Energy, and Pavlo Masiukov from GIZ Ukraine, who shared their insights on CBAM and its implications for the Ukrainian electricity sector, perspectives for exemption of the electricity sector from CBAM payments and development of Ukrainian ETS.

Key Highlights:

  • Rouven Stubbe highlighted the challenges and opportunities of CBAM, shedding light on how it might affect Ukrainian exporters and market coupling.
  • Svitlana Andrushchenko and Olha Yevstihnieieva shared Ukraine’s roadmap for CBAM implementation, emphasizing alignment with EU standards and compliance with Renewable Energy Directives.
  • Pavlo Masiukov discussed the importance of commitment fulfillment for exemptions, outlining Ukraine’s ambitious yet feasible timeline for aligning with EU ETS.

This discussion paved the way for a deeper understanding of CBAM’s implications, fostering the vital dialogue among stakeholders.

Watch full discussion on EUEA YouTube Channel

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