The European Commission in Kyiv offered a new support package to Ukraine to secure its energy system and enable its full integration into the European energy market.
The package will allow for the full coupling of Ukraine’s electricity market with the EU by early 2027, together with Moldova, as well as further integration in the EU gas sector, provided that Ukraine significantly accelerates the necessary market reforms. It will also boost the security of supply in Ukraine and the wider region, as the Commission will assist with the necessary purchases of gas. With a massive acceleration of domestic renewable power production, this package will increase the overall resilience of the Ukrainian energy system, says the EU executive.
“For three years, Russia has sought to plunge Ukraine into darkness by relentlessly targeting the energy infrastructure,” said Commission president Ursula von der Leyen: “This needs to stop for good. With the package we offer today Europe will ensure Ukraine has a resilient, secure and competitive energy system. More renewable energy and full energy markets integration will bring to greater energy security both for Ukraine and the European Union.”
The package offered in Kyiv today consists of:
- The package will facilitate electricity market integration with the EU by spring 2027, together with Moldova, as well as further integration in the EU gas sector. For this Ukraine will need to speed up implementation of existing commitments under the Ukraine Plan and the Energy Community with regards to legal, regulatory and public service obligation frameworks.
- The Commission will assist in funding gas purchases, especially through the Ukraine Facility together with its implementing partners. This will result in ample gas reserves to ensure security of supply, benefiting both Ukraine and the wider region.
- The package will accelerate investments in renewable energy, adding up with up to 1.5 GW of generation capacity. This represents approximately a 25% increase of total renewable energy generation capacity in Ukraine. Support will be channelled from the Ukraine Facility.
EU support of up to €2 billion has been delivered over the past three years to increase the resilience of Ukraine’s energy system and to guarantee people’s access to energy.
Today in Kyiv, the Commission and Ukraine also agreed on a roadmap to step up cooperation on renewable gases. By providing alternative and cleaner supplies, this will strengthen energy security in the EU and in Ukraine, while supporting development and investments in the renewable gas sector in Ukraine.
