{"id":18967,"date":"2018-10-26T14:04:13","date_gmt":"2018-10-26T11:04:13","guid":{"rendered":"https:\/\/euea-energyagency.org\/english-category\/news\/market-news\/the-new-ebrd-energy-sector-strategy-2019-2023\/"},"modified":"2018-10-26T14:04:13","modified_gmt":"2018-10-26T11:04:13","slug":"the-new-ebrd-energy-sector-strategy-2019-2023","status":"publish","type":"post","link":"https:\/\/euea-energyagency.org\/en\/news\/market-news\/the-new-ebrd-energy-sector-strategy-2019-2023\/","title":{"rendered":"The new EBRD Energy Sector Strategy 2019-2023"},"content":{"rendered":"<p><b>Oleksandra Gumen<\/b><b>iyk<\/b>, Director of EUEA, was invited to <b>the Public <\/b><b>Consultation for&nbsp;<\/b><b ><a href=\"https:\/\/euea-energyagency.org\/wp-content\/uploads\/2018\/10\/draft-energy-sector-strategy.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">the EBRD Energy Sector Strategy 2019-2023<\/a><\/b><span >, on October 25.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\" alignleft size-full wp-image-18962\" src=\"https:\/\/euea-energyagency.org\/wp-content\/uploads\/2018\/10\/IMG_1842.jpeg\" width=\"348\" height=\"261\" alt=\"IMG 1842\"  \/>First of all, <b>the EBRD presented its results in 2014-2017<\/b>. Among the most striking examples are the following: within the framework of 67 renewable energy projects, capacities were generated to generate 3.3 GW; 119 operations contributed to the liberalization of electricity markets, etc. In total, investment in this period amounted to <b>6.9 billion euros (34% of which are investment in RES<\/b> projects, 11% electricity distribution, 4% electricity transmission).<\/p>\n<p>The new Strategy takes into account the lessons EBRD has learned during the implementation of the previous one. On their base, <b>a new model<\/b> was created that would provide <b>reliable and sustainable supply of affordable energy, the main components of which are:<\/b><\/p>\n<p>-energy with increasing role of <b>electricity;<\/b><\/p>\n<p>-increase of electricity generation from <b>RES<\/b>;<\/p>\n<p>&#8211;<b>important role of gas<\/b> in ensuring energy security during the transition period in the energy sector;<\/p>\n<p>-The distribution of energy should be based <b>on smart, flexible, diversified <\/b><b>grids<\/b> (Currently, the EBRD together with the NPC &#8220;Ukrenergo&#8221; complete the study of necessary investments in the modernization of electricity grid and the transmission of electricity).<\/p>\n<p><b>In order to expand the scope of periodic application of working RES, important integration measures are needed, among which EBRD allocates:<\/b><\/p>\n<p><b>-flexibility<\/b> (storage devices and shunting energy sources such as batteries and gas, reserve power in the power industry and fuel infrastructure);<\/p>\n<p><b>-grid infrastructure<\/b> (distributed generation sources, smart grids, accounting and control of power from the consumer side);<\/p>\n<p><b>-adaptive power markets<\/b> (the ability to balance practically zero costs with increasing production through the introduction of appropriate energy sources and increased costs of integration).<\/p>\n<p><b>In 2019-2023, the bank plans to invest in:<\/b> RES capacity, infrastructure for electrification and decarbonisation (electric transport, charging infrastructure), the formation of efficient electricity markets (energy exchanges, distributed generation), environmentalization of oil and gas production and distribution chains . One of the areas for financing, which will be considered as a priority, is the technology of energy storage and its balancing. EBRD is also interested in financing waste to energy within the framework of municipal financial projects. During a private discussion, the EBRD representatives emphasized that energy efficiency is not a separate point of the strategy, as it is the basic characteristic of all projects in all areas, including transport, budget infrastructure and so on.<\/p>\n<p><b>Unfortunately, the strategy does not reveal the amount of investment planned for this period.<\/b><\/p>\n<p><b>&nbsp;<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oleksandra Gumeniyk, Director of EUEA, was invited to the Public Consultation for&nbsp;the EBRD Energy Sector Strategy 2019-2023, on October 25. [&hellip;]<\/p>\n","protected":false},"author":135,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[125],"tags":[],"class_list":["post-18967","post","type-post","status-publish","format-standard","hentry","category-market-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The new EBRD Energy Sector Strategy 2019-2023 - EUEA - European-Ukrainian Energy agency<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euea-energyagency.org\/en\/news\/market-news\/the-new-ebrd-energy-sector-strategy-2019-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The new EBRD Energy Sector Strategy 2019-2023 - EUEA - European-Ukrainian Energy agency\" \/>\n<meta property=\"og:description\" content=\"Oleksandra Gumeniyk, Director of EUEA, was invited to the Public Consultation for&nbsp;the EBRD Energy Sector Strategy 2019-2023, on October 25. 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