Most Ukrainian businesses invest in building their energy independence.

Friday, October 25, 2024
Most Ukrainian businesses invest in building their energy independence.

According to EBA research, this summer’s power outages affected the operations of 87% of companies in Ukraine. Among the companies surveyed, 67% had to suspend work, 60% had increased production costs, and 48% had changed their work schedule.

The situation in the energy industry led to a reduction in production or service provision in 36% of surveyed enterprises, 11% experienced disruption of contracts, and 3% a complete stoppage of work. At the same time, a minority of companies currently use electricity imported from the EU, and 60% do not import electricity and have no such plans.

Since 2022, 85% of businesses have invested in building their energy independence, and 30% have invested more than $200,000 doing so. Currently, 66% of companies have their own energy generation or alternative energy sources. Autonomous sources cover up to half of the needs of 66% of companies and more than half for 34% of businesses. 24% of companies have solar generation, 19% – energy storage, 17% – new networks and infrastructure, 11% – distributed gas generation, and 2% – biogas or biomethane plants.

 

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