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Ukraine's renewable energy market is experiencing significant growth, with renewables accounting for over 12% of the country's total energy consumption in 2023. This figure is expected to reach 20% by 2030 and 30% by 2050, driven by government initiatives, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Ukraine's abundant renewable energy resources, particularly in solar, wind, and biomass energy, make it well-positioned to achieve its ambitious renewable energy targets.
The Ukrainian government is committed to promoting renewable energy development and has set a target of achieving 30% renewable energy consumption by 2050. The government actively supports the sector through various procurement measures, including:
The Renewable Energy Act 2020, which establishes a framework for promoting renewable energy
The Renewable Energy Support Scheme (RESS), which provides subsidies for renewable energy projects
The Renewable Energy Auction (REA), which allocates renewable energy support through competitive bidding
The Ukrainian government procures a wide range of renewable energy products and services, including:
Solar photovoltaic (PV) panels: Solar PV is the largest source of renewable energy in Ukraine, accounting for over 90% of the country's total renewable electricity generation.
Wind energy: Wind power is gaining traction in Ukraine, with several large-scale wind farms in operation and more planned.
Biomass energy: Biomass energy plays a significant role in Ukraine's renewable energy mix, accounting for around 1% of the country's total renewable electricity generation.
The top authorities overseeing renewable energy procurement in Ukraine are:
The Ministry of Energy and Environment Protection of Ukraine
The State Agency for Energy Efficiency and Energy Saving of Ukraine (SAEE)
The Ukrainian Renewable Energy Association (UREA)
Major companies that have secured significant renewable energy procurement contracts in Ukraine include:
DTEK Renewables: DTEK Renewables is a subsidiary of Ukraine's largest energy company, DTEK, and is a leading developer of renewable energy projects in the country.
UDP Renewables: UDP Renewables is a Ukrainian renewable energy developer with a focus on solar and wind projects.
Energo: Energo is a Ukrainian energy company with a diversified portfolio of renewable energy assets, including solar, wind, and biomass.
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