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.
Climate conditions for solar power development in Ukraine are highly favourable. Regarding the solar radiation, Ukraine is placed in the European zone in category “B”. Ukraine has a large potential market of solar energy projects. The size of solar radiation reaches from 800 to 1,450 W/m² per year. According to the intensity of solar radiation Ukraine can be divided into 4 regions: West, Central, South-East and South. The average amount of solar energy received annually in Ukraine is about 1,200 kWh/m2 . The southern regions of Ukraine: Crimea, Mykolaiv, Kherson and Odessa Regions are especially good for the development of solar energy market. In these regions the yearly solar radiation is 1,200 ÷ 1,450 kWh/m2, being the best value for solar installations.
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 solar photovoltaic (PV) power sector across parameters - country overview, current power and solar photovoltaic (PV) 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 solar photovoltaic (PV) power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of solar photovoltaic (PV) power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. solar PV) and nuclear
- Data on key issues witnessed in the Ukrainian solar photovoltaic (PV) 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 solar photovoltaic (PV) 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 SOLAR PV POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Solar PV 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 Photovoltaic (Solar PV) Capacity and Revenue
3.6 Annual Installed Photovoltaic (Solar PV) Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Solar Resource Map of Ukraine
Chart 2 Share of Solar PV 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 Photovoltaic (Solar PV) Power Plants in Ukraine (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Photovoltaic (Solar PV) Power Plants in Ukraine (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants in Ukraine (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Photovoltaic (Solar PV) Power Plants in Ukraine (in Millions USD) 2012 ÷ 2017, including forecast