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Detail – Energy Country Profile

Ukrainian government launches renewable energy auctions

The Ukrainian government has approved the annual quota for the pilot "green" auctions in 2024, which will offer 110 MW of new renewable energy capacity in the solar, wind, biomass, biogas, and small hydro technologies.

The auctions, scheduled for October-November, will result in 12-year contracts under a market premium mechanism. In addition, Ukraine adopted its National Action Plan for Renewable Energy to 2030, which aims to achieve a 27% share of renewables in gross final energy consumption and to build 10 GW of new capacity.

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