Ivan Bondarchuk moderated a session on the annual WindEurope conference
On April 25-27, 2023, the annual WindEurope conference was held in Copenhagen (Denmark). Ivan Bondarchuk, Counsel at LCF Law Group, Head of Energy and natural resources practice, and Member of the Ukrainian Wind Energy Association board, moderated the session “Wind and hydrogen for repowering Ukraine’s post-war recovery.”
The session dedicated to the prospects of wind and hydrogen in the post-war energy recovery of Ukraine was attended by representatives of NGOs, top managers of Ukrainian renewable energy companies, and representatives of the EBRD.
The participants discussed the following:
– the potential of utilizing wind energy and hydrogen; production, transportation, and usage;
– prospects for businesses for participation in the further development of wind energy in Ukraine;
– obstacles to the implementation of wind energy technologies and ways to solve them;
– financing of Ukrainian renewable energy projects.
Due to russia’s armed aggression, Ukraine has lost much of its energy capacity. 75% of our wind power facilities are located in occupied territories, so they are shut down today. Our country needs a new, decentralized energy system that is maximally invulnerable to air attacks. Wind generation should make a significant contribution to this task. Ukraine has great potential for rapidly deploying wind power capacity and other renewable energy sources. Exports of green electricity and renewable hydrogen from Ukraine are beneficial not only for our country but for the whole of Europe.
At the same time, the large-scale accelerated deployment of wind power and other renewable generation technologies in post-war Ukraine directly depends on the improvement and sustainability of RES legislation. The country needs liberalization of the electricity market, abandonment of its manual regulation, and settlement of logistical issues. The flexibility of the energy system will contribute to the launch of a number of new RES projects.
The country’s government officials and parliamentarians must “do their part” to establish an attractive investment climate for rapid recovery, considering the best international practices and environmentally-friendly technologies. Modern wind power is not only a globally recognized tool in the fight against climate change. Today, onshore and offshore wind power is the basis of energy security and independence.
“Ukrainian wind energy industry representatives are working to preserve and develop renewable energy projects. Key domestic developers have retained their teams and are working hard to prepare projects to attract investments. The UWEA and leading lawyers are working with the government to adopt the necessary draft laws. At the same time, it is essential to maintain the attention and support of international partners. So we urge investors to show interest and explore the possibilities of Ukrainian projects, and we convince equipment suppliers to keep Ukraine in their portfolio. Glory to Ukraine!” – Ivan Bondarchuk summarized the session.
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