Ukraine is one of the most energy inefficient countries in the region and restructuring and upgrading its energy sector continues to be one of the key development challenges for the Government. The sector faces problems maintaining security, reliability and quality of supply due to delays in energy sector reform, poor financial condition of energy sector enterprises, lack of investments, and deferred maintenance in aging infrastructure. The geographical location of Ukraine is favourable to wind power development. According to the Ukraine Wind Energy Association (UWEA), wind energy potential in Ukraine is estimated at 30,000 GWh. The greatest wind energy potential is located in the vast areas adjacent to the Black Sea and the Azov Sea, as well as the Carpathian, Transcarpathian and Lower Carpathian areas. Additionally, there are areas with elevated wind potentials in the Donbass terrain and Dnepropetrovsk Region. If all of these areas were brought on-line, wind farms can account for 20% to 30% of Ukraine’s demand for electric power.
Ukraine updated its Energy Strategy for the Period to 2030 in 2013, which is aimed at developing an integrated and effective regulatory framework to facilitate more competition, deregulation and diversity in energy supply sources; increased development of domestic energy resources; measures to drive energy efficiency; cost-reflective pricing; and improved conditions to attract private investment. The strategy, however, remains dominated by supply-side policies, and more emphasis is required to address energy efficiency and demand-side measures, where potential savings are large and could be achieved at relatively low cost.
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, coal sources, and connecting to the European power infrastructure and power infrastructure of Commonwealth Independent States (CIS).
- Snapshot of the country’s renewable and wind power sector across parameters - country overview, current power and wind power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed wind power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of wind power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. wind) and nuclear
- Data on key issues witnessed in the Ukrainian wind power sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s wind power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 UKRAINE WIND POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Wind Power Market in Ukraine
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Wind Power Capacity and Revenue
3.6 Annual Installed Wind Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Wind Resource Map of Ukraine
Chart 2: Share of Wind Power from Total Installed Power Generation Capacity in Ukraine in 2016
Chart 3: Ukraine Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 4: Ukraine Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 5: Structure of Electricity Power Market in Ukraine
Chart 6: Cumulative (CAGR) Installed Capacity of Wind Power Plants in Ukraine (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Wind Power Plants in Ukraine (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Wind Power Plants in Ukraine (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Wind Power Plants in Ukraine (in Millions USD) 2012 ÷ 2017, including forecast