01 Feb 2010 - 01 Apr 2010
Eastern Europe, Caucasus and Central Asia, energy, environment, Infrastructure, energy and climate change, Research, Ukraine

Investment in support of energy savings and efficiency and in environment friendly energy resources and technologies in Ukraine: Government policies and business practices



The study outlines the following aspects:

  • The energy profile of Ukraine: energy production/consumption (breakdown by main energy resources, including renewable energy resources/technologies; energy imports/exports); energy intensity - global and by main sectors (international comparison with Central and Eastern European countries, EU).
  • The regulatory and legal framework of Ukraine's energy sector: energy prices/tariffs (levels, main regulations); market structure of the energy sector (part of state ownership, privatisation process, foreign direct investment in the energy sector); specific legislation concerning the energy sector (e.g. natural monopolies, control of foreign investors' access to strategic energy sectors). 
  • The government's energy strategy: (quantitative) objectives and policies to increase energy efficiency and production/consumption of renewable energy resources (solar, wind, biomass); the envisaged role for public and private, including foreign investment; available investment incentives (such as subsidies or special investment funds).
  • The government's approaches to encouraging environmentally responsible business conduct: policies/measures to incite enterprises operating in Ukraine and abroad to adopt environmental responsibility and improve their environmental performance.  
  • Business practices: concrete examples of business investment initiatives to improve energy efficiency, develop renewable energy resources and reduce greenhouse gas emissions.
  • The main challenges to increasing (public, private, including foreign) investment in support of energy savings and efficiency and renewable energy resources: the role of the governmental policies and responsibilities of the private sector; international cooperation (examples of successful projects/initiatives).

The Ukraine - Investment Policy Review - OECD has been published July 26th, 2011, and is now available on OECD website.