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Energy security is critical to Ukrainian sovereignty and independence. Ukraine needs to not only have reliable sources of energy raw materials like gas, but must be able to efficiently and reliably produce affordable energy for all Ukrainians. Moscow has played on Ukraine’s energy dependence to keep Ukraine closer to Russia and further from Europe and Kremlin projects like Nord Stream 2 figure prominently here. But there are domestic roadblocks to improving Ukraine’s energy sector as well, from a subprime legal and regulatory environment to vested interests in the current system.
How can Ukraine’s government, civil society, non-governmental and private organizations, and the West work together to transform Ukraine’s energy sector into a modern and market-oriented system that is both EU compatible and can fuel Ukraine’s economic growth? How can it push reform to best assure control over its energy future?
Nataliya Katser-Buchkovska, co-founder and CEO at the Ukrainian Sustainable Fund, will share a brief presentation and then joins Oleksii Riabchyn, former deputy minister for energy and environmental protection of Ukraine, Aliona Osmolovska, director of government and stakeholder relations at Naftogaz of Ukraine, Yuriy Nedashkovskiy, former president of Energoatom, and Sergiy Yevtushenko, managing partner at UDP Renewables, for a panel discussion. Dr. Anders Åslund, senior fellow at the Atlantic Council’s Eurasia Center, moderates.
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Ukraine and European energy security
Reliable transit of natural gas through Ukraine is essential for European energy security. Ukraine’s recent agreement with Russia on the transit of gas, ensures continued energy supplies to Europe for the duration. However, achieving long-term energy security in Europe will rely on success in Ukraine.
Mon, Apr 26, 2021
The Nord Stream 2 pipeline issue must be addressed by US officials as a priority. Time is running out. The Russians hope to finish the pipeline by June, thereby putting pressure on Germany to make it operational.
Tue, Mar 30, 2021
The Black Sea has vast untapped oil and gas reserves along with enormous renewable energy possibilities. This makes it potentially one of the world’s great energy battlegrounds in the decades ahead.
Thu, Jan 7, 2021
Ukraine’s GTSOU gas transportation system operator is hoping to expand cooperation with European partners in 2021 as part of efforts to diversify beyond the prior focus on Russian gas transit to EU markets.