The integration of the Ukrainian energy system into the European market will significantly increase its stability, and Ukraine's energy independence will guarantee the security of electricity supply to the regions of Central and Eastern Europe.
Prime Minister of Ukraine Denys Shmyhal stressed in his address during the first German-Ukrainian Energy Day. The online event is taking place through December 8-9 with the participation of German entrepreneurs and experts.
The Prime Minister stressed that the launch of a new energy partnership between Ukraine and Germany in August 2020 had marked the beginning of a new level of dialogue and cooperation in the field of energy. In particular, he thanked Federal Chancellor Angela Merkel for the implementation of the agreement on providing assistance to Ukraine in the transformation of coal regions.
"I hope that the project of transformation of coal regions within the framework of the new energy partnership will start to be implemented this month. I also call for intensified work in the framework of the launch of the Multipartner Fund to support the reform of the coal industry," said the Prime Minister.
According to Denys Shmyhal, for Ukraine, the introduction of the European Green Deal opens wide prospects for the efficient operation of many sectors of the economy.
"Preparations are underway for green auctions, thereby allowing to ensure the development of Ukraine's renewable energy in a cost-effective way, which will also help reduce the cost of green electricity," stressed the Prime Minister.
Denys Shmyhal reminded that the Government of Ukraine had established the mode of operation of the gas market synchronized with Europe by switching to daily balancing.
The Prime Minister also noted that Ukraine was engaging in completing the preparation of the Second Nationally Determined Contribution, an Integrated Energy and Climate Plan for the period up to 2030 and was starting the preparation of the Energy Strategy until 2050.
In addition, Denys Shmygal emphasized that Ukraine was striving to become a full-fledged partner of the EU in the implementation of the EU Hydrogen Strategy. This is facilitated by the significant potential and available infrastructure.
The Ministry of Energy, with the support of the United Nations Economic Commission for Europe (UNECE), is currently working on a roadmap for the development of the domestic hydrogen market. The Head of Government invited German colleagues to join the preparation of the Concept of Hydrogen Energy of Ukraine.
The Prime Minister expressed confidence that such events and meetings would be an impetus for the implementation of new strategically important projects of the green transition, including the development of renewable energy, hydrogen energy, improving energy efficiency and transformation of coal regions.