Share of renewables in Ukraine's energy balance to rise up to 25%

By the end of 2020, solar, wind, and hydroelectric power plants generated about 8% of the country's power.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

The National Economic Strategy until 2030, recently approved by government, provides for increasing the share of renewables in Ukraine's energy balance from about 8% to 25%.

That's according to the text of the Strategy posted on the government portal.

The government aims to improve energy efficiency of the economy and ensure that the energy sector become eco-friendly.

In particular, this is about decreasing the carbon footprint, raising US$10 billion worth of investment in renewables, and lowering the share of coal generation.

Read also"EU Green Deal ": A challenge and a chance for Ukraine's economyIn addition, the Cabinet of Ministers believes that the strategy aims to reach a 25% share of renewable generation in total electricity production.

Background

The State Statistics Service said by the end of 2020, the share of HPP generation amounted to 5.4% in the total energy balance.

Solar and wind generation stood at about 2.7% of all power.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!