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Ukraine calls on Spanish energy companies to cooperate on decarbonizing the economy

Ukraine

Ukraine and Spain examined the potential for a green transition and the prospects for joint projects in the field of energy efficiency and decarbonization.

Ukraine calls on Spanish energy companies to cooperate on decarbonizing the economy

Prospects for cooperation between Ukraine and Spain in the field of energy efficiency and "clean" energy were discussed by the participants of the round table initiated by the Embassy of Ukraine in Spain as part of a week-long business marathon.

The discussion was attended by Deputy Minister of Energy of Ukraine for European Integration Yaroslav Demchenkov, adviser to acting Minister of Energy of Ukraine Yulia Rybak, acting Chairman of the State Energy Efficiency Committee Konstantin Gura, Ambassador of Ukraine to Spain Serhiy Pogoreltsev, leading Spanish companies in the energy sector.

During his speech, K. Gura emphasized the importance of sustainable development and decarbonization of the economy for Ukraine: “Our economy is one of the most energy-intensive in the world. At the same time, there is significant energy saving potential that needs to be exploited. A wide field for potential projects. ”

“We are also guided by international obligations. Ukraine plans to pursue a course towards a low-carbon economy, increasing energy efficiency and developing "clean" energy ", - K. Gura said and outlined the initiatives prepared jointly with the Ministry of Energy in various sectors (a new 5-year energy efficiency program, the Decarbonization Fund, bills for the restoration of energy services, activation of bioenergy and others).

All initiatives will allow to intensify the widespread implementation of projects that will have energy efficient and environmental effects. This, in turn, will contribute to the development of the market for relevant equipment, materials, services, etc.

“According to IFC estimates, the market for“ green ”financing can attract up to 70 billion euros by 2030,” K. Gura stressed.

Special attention was paid to the prospects of hydrogen energy in Ukraine, the necessary steps for the development of this sector and cooperation with the EU.

Spanish companies had the opportunity to get acquainted with the most promising projects in Ukraine in the field of "clean" energy, production and transportation of hydrogen.

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