Kyiv, August 14 (FFN) — Ukraine is set to require an investment of $20 billion (18.3 billion euros) to develop renewable energy sources as part of a comprehensive plan aimed at increasing the share of renewables in the country’s energy mix to 27% by 2030. This information was reported by the Ukrainian government, as cited by Reuters.
The country’s energy sector has suffered a significant loss, with half of its production capacity being destroyed due to intensified Russian attacks in the spring of 2024. As a result, Ukraine has become increasingly reliant on its nuclear power plants, along with energy generated from solar and wind sources. The government’s plan aims to add new renewable energy facilities with a combined capacity of approximately 10,000 megawatts.
By 2030, the share of renewable energy in Ukraine’s heating and cooling systems is expected to reach 33%, in electricity production 29%, and in the transportation sector 17%, according to the government. The current share of renewables in the energy mix was not specified, but local media reports suggest it is around 10%. Ukraine’s nuclear power plants remain the primary source of low-carbon energy.
Key Figures for Ukraine’s Renewable Energy Plan:
| Sector | Target for 2030 | Current Share (approx.) |
|---|---|---|
| Renewable Energy in Heating & Cooling | 33% | 10% |
| Renewable Energy in Electricity Production | 29% | 10% |
| Renewable Energy in Transportation | 17% | 10% |
| Planned Investment | $20 billion | N/A |
| New Renewable Capacity | 10,000 megawatts | N/A |
