8/18/2024 — How Ukraine can shore up energy independence and profit from it — opinion

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From: New Voice of Ukraine 🇺🇦

All Ukrainians know what needs to be done to reduce the electricity shortage, and all energy marketplayers and stakeholders know it. 

It is necessary to improve physical protection at generation and distribution facilities, restore everything that can be restored, and build new capacities. The main efforts are focused on building distributed generation, self-sufficiency of businesses and households with electricity and heat. However, if we count on private investment, we should focus not only on short-term goals (covering the deficit), but also on long-term goals and the profitability of such investments.

Prior to the full-scale invasion, Ukraine’s energy mix was as follows: nuclear power generation – 55.1%, thermal– 29.3%, hydropo – 6.7%, and other renewables sources – 8%. The share of state-owned generation reached 70% of the total electricity produced….

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