On 2 June 2026, UWEA Board Chairman Andriy Konechenkov took part in a working meeting of participants in Ukraine’s energy market, during which Daria Marchak, Deputy Minister of Economy, Environment and Agriculture of Ukraine, presented the draft “Economy of the Future” Strategy. This framework document, developed by the Ministry together with the World Bank, sets out the pathways for Ukraine’s long-term recovery.
According to the presentation, energy is a fundamental component of economic resilience, and renewable energy has been officially designated as one of the nine priority sectors with the highest potential for attracting foreign direct investment.
In order to realise this potential, the authors of the Strategy identify a number of mandatory market and regulatory steps:
- Liberalisation and market conditions. The document emphasises the need to liberalise the wholesale market, gradually abolish special obligations (PSO) and transition to market-based electricity tariffs. Priorities also include resuming “green” auctions, settling the accumulated debt and achieving full integration with the EU energy market.
- Reducing investment risks. To attract private capital, the government will expand its de-risking instruments, among which the RAMP UP programme is highlighted specifically for investments in renewable energy sources.
- Decentralisation. Direct investment in decentralised generation is identified as the main tool for ensuring a stable and resilient energy supply.
- Priority projects. Wind energy holds leading positions in the indicative list of key government projects. A separate, important emphasis is placed on grid balancing — energy storage projects are singled out as a strategic priority with a total budget of USD 1 billion.
Andriy Konechenkov, Chairman of the UWEA Board, commented on the strategy:
“Building the ‘Economy of the Future’ is impossible without a resilient, decentralised energy foundation. The Strategy must take into account that renewable energy is not merely an environmental trend, but a matter of our national security and an industry for billions in investment. But to implement these large-scale projects, we must resolve a number of issues: finally settle the debt crisis in the renewables market, create transparent conditions for investors and complete the liberalisation of the energy market”.
