interview OG

On January 22, 2020, Oleksandra Gumeniuk, director of the EUEA, on the evening live broadcast of the TV channel Ukraine 24, spoke about green energy and its importance for Ukraine.

Among the main points, Ms. Gumeniuk reported that in 2019 in 2019, 4505 MW of renewable energy capacity were put into operation in Ukraine; the investment for the year is about 3.7 billion euros.

In total, 300 million Euros have already been invested in Ukraine to repair the network at the expense of investors implementing RES projects. Approximately 30-70 thousand Euros was spent by the investor on repairing the network during the construction of 1 MW of RES power station, so the State Budget have saved 300 million Euros for the repair of the electricity grid. To compare, the State Budget of Ukraine for 2020 set aside UAH 12.5 billion (EUR 466 million) to repair the network (0433 expenditure classification code).

In addition to rehabilitating outdated energy infrastructure, local governments have direct contracts with investors to provide social support. Every project implements social support for repairing roads, administrative budget buildings, or purchasing vehicles for medical purposes.

RES in Ukraine creates jobs, with a rough estimate of 4.5 thousand workers per 1 GW, respectively, if today projects for 6.7 GW have been implemented, approximately 30 thousand people are employed in the industry in Ukraine. In total, 11 million in the RES sector are operating worldwide.

RES is our contribution to sustainable development, climate mitigation, decarbonisation of the energy system; energy availability through distributed generation – access to energy in places where there is no developed energy infrastructure.

Following current global trends, renewables accounted for 62% of new energy capacity installed. The share of renewable energy in the world today is 26%, it is planned to increase to 55% by 2030. RES has significant competitive advantages in reducing the cost of construction. Thus, the cost decreased in 2019 compared to 2010: the SES by 87%, the hydroelectric power plant by 46%.

Link to the interview: