With $1 billion in foreign investment for wind power projects announced this week for Odesa and Kherson, renewables are hot.
Thursday, August 9, 2018

With $1 billion in foreign investment for wind power projects announced this week for Odesa and Kherson, renewables are hot.

With $1 billion in foreign investment for wind power projects announced this week for Odesa and Kherson, renewables are hot. But they also are in their infancy. Solar, wind and biogas are expected to generate 2.7 billion kWh of electricity this year, or about 2% of Ukraine expected energy consumption of 152 billion kilowatts this year, according to the National Energy and Utilities Regulatory Commission. By 2035, Ukraine is to derive 11% of its energy from renewables, Ecology Minister Ostap Semerak said Wednesday. For comparison, on Tuesday, an average day, Ukraine’s nuclear power plants produced 240 million kWh of electricity – about three months of production from Ukraine’s wind turbines.

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US hotel operator Best Western International will open a 70-room hotel in central Lviv next spring

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