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26.10.2018

PUBLIC CONSULTATION FOR THE EBRD ENERGY SECTOR STRATEGY 2019-2023

Public consultation meeting on EBRD’s new Draft Energy Sector Strategy 2019-2023 (hereinafter – Strategy) was held in Kyiv on 25 October 2018. The event was organised by the EBRD for relevant civil society organisations and selected private sector clients in the EBRD’s countries of operation.

The consultation meeting aimed at providing an opportunity for stakeholders to express their views and provide input for the preparation of the Strategy. The Strategy will guide the EBRD’s operational priorities in the energy sector for a 5-year period.

In his presentation Kevin Bortz, Director of Strategy, Energy & Natural Resources, EBRD London, highlighted strategic directions of the Strategy. Decarbonised economy that is highly efficient, powered by renewable energy and increasingly electrified was mentioned as one of the interrelated strategic directions of the Strategy. The new Energy Sector Strategy promotes secure, affordable, and sustainable energy through the transition to a market-oriented low-carbon energy sector.

According to Strategy, key drivers for the transition to a secure, affordable and sustainable energy sector include:

  • Air quality. Air pollution from electricity, heat, transport and industry is a critical social concern.
  • Climate Change. Urgent need to reduce greenhouse gas emissions.
  • Natural Gas. More widely available and affordable, with multiple potential roles in the energy transition.
  • Renewable Energy. Costs have fallen sharply and are grid competitive in a growing number of countries.

Commenting on EBRD’s new Draft Energy Sector Strategy, Andrei Konechenkov, Chairman of the UWEA Board, WWEA Vice-President, noted a situation in the national energy sector of Ukraine with nuclear share exceeding 60% of the total electricity production. If no new balancing capacities are introduced a national grid operator can stop connecting new wind and solar power plants to the existing electricity system.
Mr. Konechenkov proposed the EBRD not to limit their activities to biomass-burning technologies to produce heat, but also to consider biogas and hydrogen energy technologies that contribute to solving grid-balancing issues.