Business news from Ukraine

GERMAN ENERGY AGENCY DENA WILL COOPERATE WITH UKRAINE

The State Agency on Energy Efficiency and Energy Saving of Ukraine will continue cooperation with experts of the German energy agency DENA in the fields of energy efficiency and renewable energy, the press service of the Ukrainian agency has said.
According to the report, following negotiations between the two agencies with the participation of the Ministry of Energy, the areas of cooperation will include, in particular, the development of Ukraine’s potential for the use of hydrogen, the introduction of energy storage systems, the implementation of EU directives in the field of energy efficiency, and improving energy efficiency.
The report notes that DENA experts, in particular, pointed to Germany’s plans for the use of hydrogen and expressed their readiness to share their research in this direction with Ukraine.
The Ukrainian agency also noted that DENA had been selected as one of the partners in the implementation of future energy cooperation between Ukraine and Germany.
As reported, the Cabinet of Ministers adopted a resolution to sign a joint statement of intent between the government of Ukraine and the Federal Republic of Germany regarding the start of energy cooperation, authorizing Acting Energy Minister Olha Buslavets to sign it.

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STATE-RUN UKRENERGO AND GERMANY’S DENA TO INTEGRATE RENEWABLE ENERGY SOURCES INTO UKRAINE’S ENERGY SECTOR

Ukrenergo and the German energy agency DENA will analyze the technical and regulatory problems associated with the integration of fast growing capacities of renewable energy sources and will develop necessary recommendations. According to a press release from Ukrenergo, the main instruments for effective integration are systems for accurate forecasting of generation from renewable energy sources, a developed market for auxiliary services and interconnectors.
Ukrenergo notes that at present the united energy system of Ukraine can accept 4.75 GW of renewable energy capacities without negative consequences, while by the end of 2019 this figure will amount to 3.965 GW.
“A further increase in the share of renewable energy generation without the urgent legislative settlement of the issue of their work in the energy market and their controlled construction pose risks of the system imbalance. And first of all, the problem lies in a lack of responsibility of “green” generation for imbalances, which, in turn, does not stimulate manufacturers to accurate forecasting of production,” the company said.
The project “Transformation of the Energy System to Optimize the Integration of Renewable Energy in Ukraine” is funded by a grant from the German Federal Ministry for Economic Affairs and Energy and will last until March 2020.

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