National Resources of Ukraine’s Post

Ukrainian businesses have begun to develop distributed generation; this provides for their needs and additional capacities for the power system. Ukrainian company Energo-Plus plans to purchase a closed thermal power plant with a capacity of 60 MW in a neighboring country and transport it to Ukraine. The project will cost approximately €50M. This power plant was built in 2016-2018 but was never put into operation due to high gas prices in the country where it is located. Currently, it is 90% ready, with all the necessary components already in place. It could take 8-12 months to transport the thermal power plant and put it into operation. At the same time, in the Zhytomyr region this year, the number of private enterprises that have installed solar power generation increased from six to 20. One example is the 108 solar panels, with a total capacity of 62 kW, that were installed on the roof of the Stanyshivka Vegetable Plant, allowing the enterprise to save almost ₴300,000 while providing up to 40% of the business' power consumption. The cost of the solar energy system is about ₴1.23M, and it return its investment in three years. https://lnkd.in/dJEebUkF

We have created a 10-years hourly profile price forecast for Hungarian, Romanian, Bulgarian, Greek and other SEE markets which is affordable and easy to understand through 20 carefully created scenarios. Everybody is aware that new renewable energy installations are making a strong impact on market prices in Hungary and Southeast Europe already now and that the impact in next years will be even stronger. Based on provided results and hourly price profiles across 20 scenarios for all months in the period 2025-2035, you can: - Observe forecasted price development under different scenarios - Evaluate the value of solar generation profiles in different countries under different scenarios - See the amount of available generation margin in different countries and the amount of surplus energy which market does not need in different periods of the year and different period of the day - Better evaluate your investment plans in energy sector - Evaluate value of complementary battery storages - Adjust your strategies for renewable energy installations We will be providing updated simulations results each month with additional information and with fresh futures prices on international power, gas and emissions markets taken into account. You can find additional information about the product in attached file - and feel free to contact me

"Energy storage facilities in the power system of Ukraine. Current state and development prospects" was the topic of an online conference that brought together representatives of government institutions and private companies - leading industry experts, market participants, and energy storage projects stakeholders. The speakers outlined the constraints and steps required to stimulate the development of energy storage facilities in Ukraine, and shared their projects and plans in this area. "Currently, we are working on business models focused on the ancillary services market of the Ukraine’s Integrated Power System (Ukraine’s IPS). We have developed, designed and manufactured our own energy storage solution. Its competitive advantages are its technical design and smart operation algorithms, thanks to which our solution requires significantly less investment to implement 1 MW of Frequency Containment Reserve (FCR), and Automatic Frequency Restoration Reserve (aFRR) services. We are currently implementing a pilot project of our own investments in the energy storage facilities construction with a certified capacity of 12 MW to provide the FCR services. It will be constructed on the basis of our containers. Shortly, we will test the first megawatt to try out the provision of the FCR service. Also, our company is currently developing 7 projects with a total connected capacity of about 200 MW," said Ievgen Didichenko (Євген Дідіченко), a co-owner and CBDO of KNESS, during his speech. Why is it so important to discuss the development of energy storage facilities today? There is a lack of flexibility in the market. And with the increase of solar and wind generation share in the balance, the deficits of power reserves for primary and secondary frequency regulation will increase. And in this "story", energy storage can fully meet the current market needs, as it has significant advantages over traditional generation. Learn more: https://lnkd.in/e-i8mMPd The event was organized by: The UN Global Compact Ukraine and ExPro, within the Ukraine Energy Initiative. #EnergyStorage #EnergySolutions #kness_innovations

Serhii Kravchuk, Director of Electricity Trading and Supply in KNESS, has been elected as a Renewables Committee Co-Chair in the American Chamber of Commerce in Ukraine. The Committee's goal is to promote transparency and stability in the renewable energy market by creating favorable, equal conditions for running a business and attracting investments from international and national companies. 💬 “Implementation of the European energy legislation practices is carried out taking into account local peculiarities, which requires additional coordination not only at the level of lawmakers and the regulator, but also industry representatives. Based on this, I am planning to work on issues related to the operation of renewable energy producers selling electricity on market conditions and under the market premium mechanism, namely the order of involving RES producers in the dispatching process, the question of accruing a market premium for the amount of electricity output restrictions, aggregation of renewable energy sources with energy storage facilities of active consumers, further practical implementation of guarantees of origin in the electricity market, and establishment of a legislative and regulatory framework for corporate PPAs. It is necessary to highlight the task of further alignment of the Ukrainian and European legislative framework in terms of requirements for energy storage facilities in the process of providing ancillary and balancing services” — mentioned Serhii Kravchuk. For reference: The American Chamber of Commerce in Ukraine is an internationally oriented non-governmental business community that brings together leading experts in various industries from over 600 member companies. The organization is a part of the U.S. Chamber of Commerce and the global network of the European Council of American Chambers of Commerce.

One of the most important strategic goals of the state is ensuring 𝐋𝐢𝐭𝐡𝐮𝐚𝐧𝐢𝐚'𝐬 𝐞𝐧𝐞𝐫𝐠𝐲 𝐢𝐧𝐝𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐜𝐞 from external systems and monopolistic energy suppliers. This strengthens our energy security and competitiveness 🇱🇹. It is particularly pleasing that Lithuania is leading the Baltic states in developing renewable energy projects 🌱. We can be proud of our company's contribution to these strategic goals through the production of green electricity 💡. The rapid growth of national energy is evidenced by the statistics published by the Lithuanian Energy Agency for May. ☛ Electricity generation from renewable sources accounted for 57.9%: solar power plants - 25.8% ☀️, wind power plants - 22.4% 🌬️, hydroelectric power plants - 9.7% 💧. ☛ May was the second month in history when solar farms contributed the most electricity to the overall grid, generating around 232 GWh. Meanwhile, wind power plants generated 201 GWh. Compared to June of last year, we see significant growth 📈. ☛ Solar power plants also set a record by generating the largest amount of electricity in Lithuania's history - 232 GWh, surpassing the April record of 125 GWh 🌞. #Inikti #WindEnergy #RenewableEnergy #Sustainability #GreenEnergy #WindTurbines 🌿

LITHUANIA: ENERGY STORAGE EXPANSION CALL! 🔋 Funding opportunity for legal entities dedicated to enhancing Lithuania's electrical energy system. With 48 000 000 EUR allocated, this initiative aims to balance the energy grid through advanced storage solutions. The application period is to 2024-09-27, and eligible applicants include legal entities with existing sun and wind power plants or those planning to develop new ones. Additionally, if you don't currently have a power plant but plan to develop one in the future, you can start by installing an energy storage system now. The storage system must have a capacity of at least 4 MWh, and the funding intensity is 30% of eligible costs. Energy ON invites all interested applicants to invest in Battery Energy Storage Systems (BESS). These solutions effectively manage the variability of renewable energy sources, ensuring a steady energy supply regardless of weather conditions. We will help you select the most ecological and best-quality BESS system based on your network capabilities and specific needs. Contact us today to get started! 📲 👉 Read more about the call for applications at: https://lnkd.in/gAhqhymQ 👉 And visit our site to get more information about BESS: https://lnkd.in/eK6sDhNf #EnergyON #Sustainability #RenewableEnergy #EnergyStorage 

The Energy Act for Ukraine Foundation team visited Intersolar 2024 in Munich, the largest solar energy exhibition in Europe! This event brought together leading experts in the field of renewable energy sources (RES), and we gained invaluable experience, made new acquaintances and learned about the latest developments that can help us in our work. What is happening in the solar energy industry? What are the latest trends and ecosystem solutions? We share our insights and conclusions with you👇 1️⃣ The importance of energy storage. Energy storage systems have become a necessity due to high tariffs, the need to balance the grid, energy independence and security. In 2023, almost 1.2 million energy storage systems were installed in the world. 2️⃣ Software development. The photovoltaic industry is growing qualitatively. New markets and business models are emerging all the time, and intelligent applications developed using artificial intelligence technologies are becoming more widespread. 3️⃣ Ecosystem solutions. Solar technologies are being integrated into everyday life. Manufacturers are creating entire ecosystems to ensure energy efficiency, savings, and comfort. Among all types of renewable energy sources, solar energy accounts for the largest share in Europe - 78%. 4️⃣ Electronic mobility. The electric vehicle boom continues. The development of charging infrastructure is in line with the growth of the electric vehicle market. 5️⃣ Industrial and floating photovoltaic power plants. Combining solar energy with agriculture is becoming a trend for the next decade. Thanks to this, industry can independently meet its electricity generation needs. We share our experience and keep up with the times, gaining new knowledge in the industry to further develop the fund's activities. In addition, we are actively implementing these technologies in Ukraine. We are confident that these innovations will help us to better implement projects for the installation of hybrid solar power plants in schools and hospitals in the war-affected regions, contributing to energy independence and environmental awareness of our citizens. We thank everyone who supports us in this important work! 💚

Ukraine's government has introduced a global standard for stimulating the construction of new green energy facilities. The Cabinet of Ministers approved a resolution that improves the auction model for selling green electricity. Instead of a fixed tariff, a contract-for-difference mechanism has been introduced that will allow the winners of auctions to distribute renewable energy support quotas. This is a new global standard for stimulating the construction of new renewable energy facilities. According to the resolution, the conditions for participation in auctions are simplified for RES investors. Now, the availability of a plot of land and the necessary technical conditions to connect to the network will be optional when submitting applications. Flexibility has also been added in the ability to conduct auctions with energy storage facilities on designated land plots or structures. The term of validity of the contract concluded by the auction winner with the guaranteed buyer is shortened from an inflated 20 years to an acceptable European length of 12 years. https://lnkd.in/dQE2-YRC

A leading foreign firm has announced plans to inject 200 megawatts (MW) of solar energy into the country's grid. The initiative, set to be realized through the supply of cutting-edge Vertex N modules, marks a significant step forward in Pakistan's quest for sustainable energy solutions. In this regard, the leading Chinese company is collaborating with the key Pakistani companies and signed a series of strategic Memorandums of Understanding (MoUs) to enhance the share of solar energy generation with an ultimate objective of providing sustainable and low-cost electricity to consumers, as the present negligible two percent solar energy share against the huge 63 percent expensive thermal production segment is the real cause of highest power tariffs in the country.

Poland's latest phase of the *Mój Prąd* (My Electricity) rebate program has opened applications this month, offering a total of PLN 400 million (approx. €74 million) in subsidies for residential solar PV, battery energy storage, and hot water storage systems. Eligible installations must have been completed after January 1, 2021, with net billing in place. For systems installed before July 31, 2024, storage is not mandatory, but after that date, storage or hot water systems are required to qualify for subsidies. Subsidy amounts are as follows: - Up to PLN 6,000 for PV systems without storage - Up to PLN 7,000 for PV systems with storage - Up to PLN 5,000 for hot water storage systems (minimum capacity of 20L) - Up to PLN 16,000 for battery storage (minimum capacity of 2kWh) Applications will be accepted until December 20, 2024, or until funds are exhausted. Poland's solar PV market is growing rapidly and is currently the fourth largest in the EU. According to IEO data, Poland's PV installations reached 4.6 GW in 2023, with a cumulative capacity of 17.05 GW by the end of 2023. However, fossil fuels still dominate the country's energy mix. With a new government in place since October 2023, Poland is now reconsidering its coal phase-out timeline, with increasing emphasis on solar energy to enhance energy security. By 2030, Poland's solar market is expected to reach 30 GW in installed capacity. #Poland #SolarEnergy #EnergyStorage #RenewableEnergy