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Ukraine launched over 660 MW of new RES capacity in two years.

IMF: Resources for clean energy will become more expensive.

Ukraine launched over 660 MW of new RES capacity in two years.

According to Minister of Energy Herman Halushchenko, Ukrainian energy companies built about 312 MW of new RES capacity in 2022 and almost 350 MW in 2023. These figures include solar, wind, biogas, and small hydropower plants.

Despite the loss of 80% of wind farms and 20% of SPPs due to the war, their share in Ukraine’s energy mix remains significant. In 2023, wind and solar power plants produced approximately 10% of Ukraine’s electricity. The large hydropower plants’ share of clean energy production reached 20.3%, more than in the pre-war period.

“Ukraine’s Energy Strategy, which was adopted last year, is to continue to pursue the course of clean energy production. As early as 2030, the share of RES in the energy balance should be at least 25%, and by 2050, Ukraine should achieve climate neutrality“, Halushchenko noted.

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