News

Integration of Ukrainian and EU Electricity Markets: What Are the Benefits for Ukraine?

The integrated power system of Ukraine (IPSU) currently works synchronously with Russia, Belarus, and Moldova. Today, only a small part of the Ukrainian power system – Burshtyn Energy Island (BEI) – is physically connected to European Union countries. BEI operates separately from the IPSU, so in the process of Ukraine’s overall synchronization with the European system, BEI will be connected to the IPSU. Connecting to the European network is key to reforming Ukraine's energy sector and will help balance the power system and reduce dependence on Russia. As a result of power system synchronization, Ukrainian electricity generators will gain access to new solvent markets, and Ukrainian traders and electricity suppliers will be able to diversify their resource portfolio, thereby increasing market competition and ensuring balanced operation of different segments of the Ukrainian electricity market. So, what will synchronization with the European system mean for Ukrainian consumers? Synchronization with the European energy market will give Ukrainian end consumers access to new suppliers at competitive prices, and thus provide reliable and high-quality electricity.

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August 5, 2021

EBRD grants a loan to CU “Kyivteploenergo”! Has USAID ESP something to do with it?

The Board of Directors at the European Bank for Reconstruction and Development (EBRD) has decided to grant a loan of 140 million euros to the utility company “Kyivteploenergo” to develop heat infrastructure in the capital city.

This is a large-scale task requiring years of implementation as Kyivteploenergo is one of the world’s largest heat and energy utilities providing district heating services.

July 27, 2021

Electricity tariffs in Ukraine could be much lower if auctions were used

Humankind puts much hope in renewable energy. This means renewable sources to replace fossil fuels, thermal power stations and nuclear plants. This is a strategy that most countries have already endorsed. Ukraine is planning to increase the share of renewable energy in the country’s energy balance to 25% by 2035, as envisaged by the Energy Strategy of Ukraine. Here Allen Eisendrath, an expert from the USAID Energy Security Project, shares his vision of renewable energy, its prospects in Ukraine and the introduction of energy storage systems – an issue that is being widely debated in this context.

July 23, 2021

Program helping municipal stakeholders implement reforms aimed at technical optimization, higher economic efficiency, and the environmental safety of heat supply systems: Progress Tracker

The USAID Energy Security Project (ESP), jointly with the Ministry of Territories and Communities Development of Ukraine, implements the Program helping municipal stakeholders implement reforms aimed at technical optimization, higher economic efficiency, and the environmental sustainability of heat supply systems.

July 8, 2021

REMIT introduces a paradigm shift in energy markets

According to Alexander Golas, ESP Energy Market & Institutional Regulatory Advisor, EU Regulation on the Integrity and Transparency of Wholesale Energy Markets (REMIT) introduces a paradigm shift in energy markets regulatory oversight. More about implementation of REMIT in Ukraine and related chellanges - in our interview with the expert.

July 5, 2021

Innovative Energy Storage System, developed with the support of the USAID, is to Increase Efficiency at Ukrhydroenergo, and Advance Ukraine’s Integration with European Electricity Grid

Unique USAID-developed power storage solution to be implemented with $212 million in World Bank financing

July 2, 2021

Multilateral working group meeting on REMIT implementation in electricity and gas markets in Ukraine

On July 1, a meeting was held of the multilateral working group on REMIT implementation in electricity and gas markets in Ukraine, organized by USAID ESP and the National Energy and Utilities Regulatory Commission (NEURC), which was also attended by representatives of NEC Ukrenergo, Market Operator and GTS Ukraine Operator LLC.

The purpose of the meeting was to get acquainted with ESP’s "road map" for the implementation of REMIT-related IT infrastructure in electricity and gas markets in Ukraine.

June 17, 2021

Guaranteed Buyer Commissions Renewable Energy Generation Forecast System with support from USAID Energy Security Project

The State-owned enterprise “Guaranteed Buyer” has been improving generation forecasts for renewable energy (RE). Support from the United States Agency for International Development (USAID) provided to the enterprise through the Energy Security Project (ESP) made it possible to significantly progress this work. Cooperation on renewable generation forecasting and planning between the Guaranteed Buyer and the USAID ESP involved Enercast, a German provider of renewable generation forecast technologies. The company operates in 20 countries worldwide and provides forecasts for over 180 GW of installed wind and solar energy capacity.

June 3, 2021

USAID Energy Security Project and Research Agency, Info Sapiens, are to find out the consumers’ experience regarding household gas supplier switching

Following the liberalization of the Ukrainian gas market for households from August 1, 2020, approx. 13 million households have the opportunity to freely choose any natural gas supplier on the market. A relatively fast and consumer-oriented supplier switching process is one of the necessary prerequisites for the development of retail market competition.

May 27, 2021

USAID ESP сonsiders storage technology as power systems stabilization or frequency control and for the ancillary services market

On May 27, USAID Energy Security Project held a roundtable on “Auctions for Energy Storage and Resource Adequacy Approaches”, aimed to discuss pending storage legislation and related ways of electricity market balancing.