german-ukrainian-energy-partnership-the-ministry-of-energy-is-thinking-about-attracting-investment-in-distributed-generation-projects

German-Ukrainian energy partnership: the Ministry of Energy is thinking about attracting investment in distributed generation projects

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Representatives of the Ukrainian Ministry of Energy met with the German delegation headed by the Head of the Working Group on Ukraine of the Federal Ministry for Economic Cooperation of Germany, Ulrike Hopp-Nishanka. The meeting focused on attracting investment in Ukrainian distributed generation projects, and accelerating the energy transition and integration of Ukrainian transition and integration of Ukrainian energy markets into European energy markets. The results of the meeting were reported by the press service of the Ministry of Energy of Ukraine, UNN reports

During the reconstruction, we need to take into account the potential of the regions and the capacity of communities. We must work together to provide support to local communities to help them prepare and implement distributed generation projects. It is important that we work together to create conditions and prepare projects that will allow financial institutions and the private sector to institutions and the private sector to join the creation of decentralized energy systems consisting of a combination of renewable energy sources, energy storage gas turbines and gas piston plants, and conventional generation, connected by smart microgrids. smart microgrids.

- emphasized Deputy Energy Minister Yaroslav Demchenkov.

Details

The meeting was attended by two with the German delegation was attended by two Deputy Energy Ministers of Ukraine:  Yaroslav Demchenkov and Farid Safarov. They informed the Germans about the current situation in the energy sector. situation in the energy sector, as well as outlined Ukraine's plans for sustainable and intensification of cooperation with the German side. In particular, during the the meeting, special emphasis was placed on projects  for the development of distributed generation using renewable energy sources, energy storage systems energy storage systems, microgrid development, energy efficiency, and decarbonization sector.

The parties also discussed creating the necessary conditions for attracting investments and new technologies to the Ukrainian energy sector, and the importance of the private sector's role in green transformation projects, and as well as the reforms needed to accelerate the energy transition and integrate Ukrainian energy markets into the European ones. 

Ukrainian energy sector, which has suffered unprecedented destruction, needs not only restoration, but also modernization and rebuilding using the best modern practices and solutions. Therefore, we have set a goal to decentralize generation through the development of "green energy and the introduction of smart grids, as this will ensure sustainability and energy efficiency of our power system.  

- said Farid Safarov.

During the meeting, the participants also noted the importance of effective cooperation within the within the framework of the German-Ukrainian Energy Partnership. 

The Ukrainian ministry emphasized that the platform for rebuilding Ukraine - is an initiative of the Federal Government of Germany, which unites the Ministry of for Economic Cooperation and Development, the Ministry of Economy and Climate Protection Climate Protection, the Ministry of Foreign Affairs and German institutions. 

Cooperation within the within the platform aims to strengthen Germany's contribution to Ukraine's reconstruction and ensure greater transparency, efficiency, and effectiveness of reconstruction initiatives. reconstruction initiatives.  

Tatiana Salganik

Economy

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