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11.01.2024

WORLD ADDED 50% MORE RENEWABLES IN 2023 THAN IN 2022 – IEA`S REPORT

On January 11, 2024, the International Energy Agency (hereinafter referred to as the IEA) presented its another Report “Renewables 2023. Analysis and forecast to 2028”.  “The new IEA report shows that under current policies and market conditions, global renewable capacity is already on course to increase by two-and-a-half times by 2030. It’s not enough yet to reach the COP28 goal of tripling renewables, but we’re moving closer – and governments have the tools needed to close the gap,” these words of the IEA’s Executive Director Fatih Birol summarize the essence of this year's Report. Thus, the amount of renewable energy capacity added to energy systems around the world grew by 50% in 2023, reaching almost 510 GW, with solar PV accounting for three-quarters of additions worldwide. Such a growth is primarily due to China's policy which commissioned as much solar PV in 2023 as the entire world did in 2022, while its wind power additions rose by 66%. The increases in...

20.12.2023

UWEA CELEBRATES ITS 15TH ANNIVERSARY

This year, the Ukrainian Wind Energy Association (UWEA) celebrates its 15th anniversary. Founded in 2008, throughout these 15 years, the association has always been at the forefront of promoting wind energy in Ukraine, protecting the interests and supporting the activities of both, the national and international stakeholders of the Ukraine wind power market. Today, the UWEA unites 90 companies from 14 countries, including investors, wind turbine manufacturers, developers, designers, environmentalists, lawyers, builders, and transporters. Thanks to the hard work of our members, Ukraine’s wind power capacity has reached 1.86 GW. Even the war could not stop the wind deployment in Ukraine, as three new wind farms totaling 228 MW have been commissioned since the war began.  We have a lot of hard work ahead of us especially with decarbonizing our economy and delivering the ambitious goals set out in the Energy Strategy of Ukraine until 2050! Ukraine needs more green generation. We...

14.12.2023

NET ZERO INDUSTRY ACT

In its press release of 7 December 2023, WindEurope called for clear, EU-harmonised, technology-specific, and immediately applicable changes to the design of wind auctions. Only then will they help to expand the European wind energy supply chain to meet Europe’s energy security and climate goals, which require the EU to build around 30 GW of new wind turbines every year until 2030. Trialogues on Net Zero Industry Act will start this month and go into Q1 2024. To have a positive effect on the European wind energy supply chain, qualitative criteria in the final deal must follow 5 principles: They must be simple and easily applicable. The EU should especially max out on mandatory prequalification criteria for onshore and offshore wind auctions. This includes readily deployable rules for cybersecurity and data residency which will guarantee that Europe’s critical energy and grid infrastructure cannot be an easy target for cyberattacks. They must be technologic-specific. Today...

12.12.2023

LEGAL AND TECHNICAL CHALLENGES FOR UNLEASHING UKRAINE'S WIND ENERGY POTENTIAL

On December 11, 2023, within the framework of the Ukraine-Denmark Energy Partnership Program (UDEPP), a presentation of the Mid-Term Report on the Preliminary Feasibility Study of the Offshore Wind Energy Potential of Ukraine, prepared by experts from the Danish University of Technology (DTU), and the Concept for the Ukraine’s Wind Power Development, developed by the Ukrainian Wind Energy Association, was held. Yaroslav Demchenkov, Deputy Minister of Energy of Ukraine, welcomed the audience and reaffirmed the Government’s commitment to transforming Ukraine into a European energy hub and achieving carbon neutrality by 2050. He also stressed the leading role of wind energy in achieving these goals. Speakers at the event “Legal and Technical Challenges for Unleashing Ukraine’s Wind Energy Potential”, organized by the Ministry of Energy of Ukraine and the Danish Energy Agency with the support of the Ukrainian Wind Energy Association and the Ukrainian Bar Association included...

04.12.2023

UWEA welcomes the continuation of the construction of the Tyligulska wind farm

The Ukrainian Wind Energy Association sincerely congratulates DTEK Group on signing a Memorandum of Understanding with Vestas to complete the construction of the Tiligulska wind farm in Ukraine. The 500 MW wind farm project, which is supported by the European Commission and the governments of Ukraine and Denmark, is the largest one in Eastern Europe, with total investments exceeding EUR 650 million. A Memorandum of Understanding between DTEK and Vestas, the world’s leading wind turbine manufacturer, was signed on December 4, 2023, at the UN Climate Conference COP28 in the presence of European Commissioner for Energy Kadri Simson and Minister of Energy of Ukraine German Galushchenko (via video link). According to the Memorandum, the Danish company will supply wind turbines to Ukraine for the construction of the second stage of the Tyligulska wind farm. The second phase of the wind farm will consist of 64 wind turbines (6 MW each) with a total capacity of 384 MW. The first stage with...

16.11.2023

UWEA AT REBUILD UKRAINE POWERED BY ENERGY

For two days – 14 -15 November 2023, – Warsaw, Poland, hosted the second international exhibition & conference “ReBuild Ukraine powered by energy”. The conference was initiated by the Ministry of Energy of Ukraine and united the voices of the representatives of governmental structures of Ukraine, the EU, the U.S., and Canada, as well as more than 500 private companies from over 30 countries worldwide. All united to continue an open discussion of rebuilding the economy and the energy sector of Ukraine. The UWEA actively participates in the event. The UWEA representatives focus on discussing the role of renewable energy in rebuilding the energy sector of Ukraine both while the war continues, and after the victory is achieved. Many guests who visit our booth express a deep interest in the Ukraine wind power market. The results of all the meetings that we have with representatives from different European companies and organizations – already partners or newcomers -...

01.11.2023

DTEK RENEWABLES HAS LAUNCHED PRE-DESIGN WORKS A WIND POWER PLANT

DTEK Renewables has started pre-design works for the 650 MW Poltavska Wind Power Plant which will be located on the territory of the Hlobyne town community in the Poltava region. On 26 October, 2023, the company signed a trilateral agreement with the executive committee of the Hlobyne city council and a specialised certified organisation that will provide a range of spatial planning works. The pre-design work will involve a series of engineering and geodetic surveys, as well as the development of a territory plan. It will include preparation of an environmental assessment report, and a set of land management works. After the spatial planning work is completed, DTEK Renewables will also conduct ornithological surveys, which is an essential and mandatory part of the preparatory pre-design work for the construction of the wind farm. Oleg Solovei, Deputy Director of DTEK Renewables, said, “We are looking to the future, despite the war. We are deliberately and consciously going to this...

31.10.2023

EKU WILL HELP WIND POWER PRODUCERS ENTER THE FREE MARKET

JSC "Energy Company of Ukraine" (JSC "ECU") has joined the Ukrainian Wind Energy Association (UWEA), which unites 100% of wind electricity producers. JSC "Energy Company of Ukraine" to cooperate with the RES industry association on providing green electricity producers with competitive direct access to the free electricity market. The partners will work together to increase profitability and reduce the risks for "green" companies in the free energy market. The opportunity to operate in the free market has appeared for green producers this year after recent changes in the RES legislation. ECU offers a comprehensive proposal for renewable energy producers, which allows for direct access to the competitive energy market in Ukraine, optimizes imbalances, and overall stabilizes their economic models. The offer includes a guaranteed off-take of electricity according to the forecasted schedule and balancing services in ECU’s balancing group. ECU has already signed contracts with leading...

10.10.2023

EU COUNCIL ADOPTED THE NEW RENEWABLES ENERGY DIRECTIVE

On October 9, 2023, the European Council today adopted the new Renewables Energy Directive to raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up to allow the target of 45% to be achieved. All member states will contribute to achieving more ambitious sector-specific targets in transport, industry, buildings and district heating and cooling. The purpose of the sub-targets is to speed up the integration of renewables in sectors where incorporation has been slower. Teresa Ribera, the Spanish acting Minister for the Ecological Transition: “This is a great achievement in the framework of the ´Fit for 55´package which will help to achieve the EU’s climate goal of reducing EU emissions by at least 55% by 2030. It is a step forward which will contribute to reaching the EU´s climate targets in a fair, cost-effective and competitive way.” Member states have a choice between two possible...

24.09.2023

BUSINESS OPPORTUNITIES FOR UKRAINE'S RECOVERY

On September 21-22, 2023, CSIS Doing Business in Ukraine Conference was successfully held in Washington, DC. The Conference brought together Ukrainian leaders from the private sector and government and representatives from multinational companies, the Biden Administration, and the U.S. Congress to discuss Ukrainian business and trade opportunities with the U.S. and G-7 allies. The conference participants focused on short-term actions to restore the country’s transport infrastructure, energy, and agricultural sectors, and attract foreign investors to finance these projects. They discussed immediate and long-term obstacles to investment in Ukraine and practical solutions to address these problems. The UWEA was represented at the conference by the UWEA Board Chairman, Andriy Konechenkov, and two Board members - Ivan Bondarchuk, Counsel, Head of Energy and Natural Resources Practice at LCF Law Group, and Mykhailo Chulkov, Director of EUROCAPE Ukraine 1 LLC. The Energy Panel of the...