Ukraine Recovery Fund’s Post

Exciting news! Our latest report delves into investment opportunities associated with transforming Ukraine's power sector based on decentralized and clean solutions. Read and share - https://lnkd.in/ebyM4-Rm

*Berlin Energy Transition Dialogue* Berlin Economics had the opportunity to take part on a panel at the Cooperation Dialogue: Forum for Energy and Climate Partnerships, an official side event of the Berlin Energy Transition Dialogue 2024. The panel on #Ukraine focused on financing the green energy transition amidst the ongoing war and beyond, especially within the context of the upcoming Ukraine Recovery Conference 2024 which will take place in June in Berlin. The panel explored current strategies and approaches for financing sustainable reconstruction efforts and the transition to a more decentralized energy supply, as well as technical approaches and enablers for a more energy-efficient reconstruction. The event brought together decision-makers and leading experts from politics, financial institutions, business, and international cooperation actors to share their views on applicable solutions that would pave the way for a more sustainable and resilient energy supply in Ukraine. Pavel Bilek, Deputy Team Leader Energy & Climate Policy, participated on behalf of Berlin Economics, with his contributing focusing primarily on the soon to-be-published study on the Green Reconstruction of the Residential sector of Bucha, where he emphasized: 1.   The integration of EU Standards and the significance of integrating the principles of "Build Back Better" into reconstruction efforts, focusing especially on the necessary regulatory reforms and converging to EU standards to unlock the greatest benefits from energy efficiency. 2.   Securing investments, highlighting the key challenge of how Ukrainian municipalities can secure the necessary investments for residential reconstruction projects, as well as pathways to enable funding the estimated costs and reducing potential payback periods. 3.    The role of international assistance and private investments, underscoring the crucial role that international donors and the private sector play in supporting large-scale energy efficiency upgrades in Ukrainian cities. 4.    The policy reforms needed to attract and facilitate these investments effectively and to create a broader ecosystem for energy efficiency in Ukraine’s residential sector, including energy market liberalisation and ensuring adequate social compensation mechanisms are in place.   #EnergyTransition #Sustainability #GreenEnergy #BerlinEnergyTransitionDays #CooperationDialogue2024

VON DER LEYEN: We are developing the #Gregy electric #interconnector project together, this connects #Egypt to #Greece, and increases #energy #security in #Europe. #Egypt has all the resources to become a renewables hub, in particular when it comes to #renewable #hydrogen. You are keen to attract foreign investment, we have #investors interested in #Egypt, and we have a Memorandum of Understanding on this. So let us press ahead with the work in this area.

Exciting news for the growth of alternative energy in Ukraine! 🌱 Ukraine has officially launched the Green Transition Office — an independent organization dedicated to driving reforms in clean energy and climate policy. This milestone has been made possible with the support of the United Kingdom. 🤝 Ukraine and the UK have also signed a memorandum to work together on implementing the National Energy and Climate Plan (NECP) by 2030. This plan is our roadmap to a sustainable future, with key objectives that include: ✅ Cutting greenhouse gas emissions by 65% compared to 1990 levels; ✅ Reaching a 27% share of renewable energy in total energy consumption; ✅ Strengthening energy security by reducing dependency on a single supplier to 30%. 💬 Andrii Kitura, Director of Development at DiXi Group and Head of the Green Transition Office, said: "Our mission is to develop effective mechanisms for embedding green transition principles into Ukraine’s economy. Together with our international partners, we’ll focus on attracting green investments and helping Ukraine meet the climate and energy goals set out in the National Energy and Climate Plan." Government-backed support for the green transition is a major step toward boosting alternative energy, accelerating EU integration, and building a sustainable future for Ukraine. Together, we can build a cleaner energy future! 💚 https://lnkd.in/d3ZwJz4r #GreenTransition #CleanEnergy #SustainableFuture #Ukraine #RenewableEnergy #ClimateAction #EnergySecurity #GreenInvestments

The Effects of Geopolitics and Global Trends on the Energy Disputes in Central and Eastern Europe, that was the title of our panel part of #WAU that took place in Warsaw. We stayed faithful to the topic and discussed inter alia: 👉 recent decarbonisation technologies including hydrogen where Maciej Bukowski, LL.M. shared interesting insights on grid construction progress in Europe 👉 changes in policy makers priorities such as the shift to prioritising energy security over green energy in light of war in Ukraine 👉 recent energy related arbitration cases arising from changes in the EU regulatory landscape around climate by Marcin Kaldunski and Jana Lefranc 👉 decline in energy consumption in Europe since 2008 due to exogenous shocks such as the GFC, Covid-19 and the war in Ukraine and the expected growth in energy demand due to new data centres and pick up of electrification in transport, industry procesory and buildings by Jana Lefranc 👉 whether current trends can predict the future state of the world triggered by Bartosz Kruzewski 👉 how states ensure stability and preserve their rights in energy related cases by Marcin Kaldunski 👉 whether green energy can survive without subsidies triggered by Mark Kantor who shared a story on wind farms in the US in the '70 that are no longer in existence 👉 what will be the main causes of energy related arbitrations where Bartosz Kruzewski shared results of a recent survey by Queen Marry University And much more, all skilfully moderated by Patrycja Wysocka. Thank you to #WAU for having us and to Jadranka Jakovcic for her kind hospitality!

If you take the fifth step after the second, you will stumble Our conversation in Budapest with Peter Holicza Ph.D., Deputy State Secretary for EU Affairs and International Relations at the Ministry of Energy, and Ádám Nagy, Deputy State Secretary for Industrial Affairs at the Ministry of Economy, on Hungary's energy policy priorities during its EU Presidency, deepened our understanding of our neighbouring country's position on energy and greening issues. Hungary wants to implement the 'Fit for 55' targets before tackling the 2040 climate targets. After all, targets can only be achieved if they are feasible. The green transition leaves many transitional questions unanswered. Renewable energy sources significantly increase the demand for electricity, so the infrastructure needs to be developed first. The Hungarians are continuing the position of the last EU presidency, Belgium, on the "ELECTRICITY GRID DEVELOPMENT PLAN". A conference on the subject will be held in Budapest on 14 October. Hungary is against a 100% state-funded network. Bridging scenarios are also needed for hydrogen, which is not yet economically viable. Gas will play an important role here. There are major concerns about Ukraine in this respect. Hungary and Austria have digitalised their electricity networks at the border so that supply bottlenecks can be absorbed. Ukraine has no such mechanism. This means that there is no information about the network and production. Europe needs more regional cooperation. This also applies to energy production and cyber security. Austria can learn from the experience of Hungary and Poland. All these challenges have to be financed. Energy prices that do not undermine Europe's competitiveness in a global context are essential. Our special thanks go to Péter Holicza and Ádám Nagy for the friendly neighbourly conversation within the framework of Strategic Capital Networking with the Department for Environmental and Energy Policy of the Austrian Federal Economic Chamber! Not only the goals, but also the right sequence of steps along the way are crucial for success. Our two interlocutors seem to be well aware of this. Special thanks are also due to Roxána Afrodité Nagy for the organisation of such a fruitful meeting. We stay tuned - Jürgen A. Streitner, Axel Steinsberg, Heinrich R. Pecina, Renate Kepplinger, Markus Oyrer, Philipp Schramel, Orsolya Krammer-Szányi, Claudia Angermayr, Christian Mandl, Heinz Kogler, Iris Marlovits, Karin Jessernigg-Putz, Lisa Rilasciati, Marlene Lales, Barbara Schennach, Ulrike Hassmann-Vorbach, Tamara Achleitner, Edda Knittel, Christian H. SCHIERER and Gudrun Hager. #StrategicCapitalNetworking #hungarianEUpresidency #WorkingProgramme

ReBuild Ukraine Svitlana Andrushchenko, Recovery and Reform Support Team Director, at the Ministry of Energy of Ukraine: As we face the unique challenges of war and recovery, international cooperation and private investment play a crucial role in Ukraine’s energy transition and low-carbon development. Through reforms, such as aligning with the European Union’s energy integration and corporate governance standards, we are creating the foundation for a brighter, sustainable future for Ukraine’s energy sector. Together, with the support of our international partners and the exchange of insights and solutions, we will build a resilient energy future for Ukraine, Europe, and the world. Supported by EBRD Ukraine MDA.

💭 We continue to share with you the details of the study on the renewal of the Ukrainian energy sector, created by a consortium of leading international experts, including GOLAW lawyers, under the auspices of the IKEM – Institute for Climate Protection, Energy and Mobility. Today, we are discussing the Energy Strategy of Ukraine 2050, a fundamental roadmap for the transformation of Ukraine's energy sector for the coming decades. 📢 It defines the main strategic goals, namely: self-sufficiency and consumption efficiency, comprehensive security of energy infrastructure facilities, climate neutrality in the energy sector by 2050, comprehensive integration with EU energy markets, etc. From the point of view of the authors of this study, the Energy Strategy of Ukraine 2050 is primarily useful as a guide for potential investors, not as a full-fledged plan for "green" reconstruction. In the future, it may make sense for Ukraine to develop an interim framework prior to EU accession that would provide some flexibility in complying with EU rules while also encouraging investment. 🤳🏻 Read more about the Energy Strategy of Ukraine 2050 in the study: https://lnkd.in/dn_hJ-yD

A big thank you to Konrad-Adenauer-Stiftung for incorporating inputs from FEBA Sofia University "St. Kliment Ohridski" into their upcoming event: "Burgas Connectivity Forum 2024: Connecting Nations." I am honored to present on the topic "EU Energy Policy for Energy Independence: Trans-European Networks for Energy and an Integrated EU Energy Market." This discussion will particularly highlight the lessons learned by European countries following recent energy crises. The forum is open for registration. Let's meet in Burgas next Friday, May 31st! Have a look at the agenda attached in the comments below. #AcademiaforBetterSociety #EnergyPolicy #EU #ConnectivityForum #Burgas2024 #EnergyIndependence #TransEuropeanNetworks #IntegratedEnergyMarket!

Please join us on Thursday, 20 June 2024 from 3-4PM UK time for the eighth 2024 Easter Term C-EENRG seminar in the Weston Seminar Room (2.49) at the David Attenborough Building (no registration needed) or online (please register here https://lnkd.in/d979PbKd to receive the Zoom link on the day of the seminar). This week, we are delighted to welcome as a speaker Trevelyan Wing, Baltic Fellow at the Cambridge Centre for Geopolitics and CEENRG Researcher and PhD candidate at CEENRG in the Department of Land Economy, University of Cambridge. He will join us in-person with a talk ‘A transition from below? The role of citizen and community initiatives in Germany’s renewable energy revolution.’ Please find below the abstract of the talk.   This presentation explores the role of citizen/community initiatives in advancing Germany’s ‘Energiewende’ (alternatively translated as ‘energy transition’ or even ‘energy revolution’). Situating the transition in its historical context – rooted in the social movements of the 1970s – it examines how grassroots pressures prompted federal policy change, triggering complementary bottom-up/top-down dynamics that have facilitated a dramatic expansion of renewables nationwide, with over 50% of total installed renewable power generation capacity citizen-owned by the early 2010s. Changes to the Energiewende’s legal/regulatory frameworks are analyzed, as subsequent governments sought to control the growth of renewables and adjust the transition’s building blocks to prioritize market-oriented instruments, despite stiff opposition from below. Drawing on over 100 semi-structured interviews conducted with stakeholders involved in the Energiewende, among diverse other sources, this presentation sheds further light on the impact of ‘energy democracy’ initiatives in the evolution of this multidecadal transformation. Here, it contributes a fresh perspective regarding the interrelated nexus of sustained grassroots action, evolving policy, and shifting sociopolitical realities that form the context in which Germany’s Energiewende has been (re)launched, reformed, and reimagined over the decades.