Revelle organized and participated in the fifth and final meeting of the Energy Policy Talks as part of its work on the EU-funded programme INOGATE.
The final meeting of the Energy Policy Talks was organized on 21 April 2016 in Kyiv. Emily Koulouvaris, Revelle Group's Managing Director chaired a panel with the participation of Dmytro Vovk, Head of the National Energy and Utilities Regulatory Commission, Ivan Lysenko from DTEK Renewables and Loic Lerminiaux from Guris AS.
Major players in the energy field discussed the latest key recommendations for policy changes needed to overcome political, legal, regulatory, technical barriers in order to take advantage of Ukraine’s renewable energy potential. This policy talk aimed at discussing the way to attract private sector investments in renewable energy in Ukraine.
Insights from private developers and investors were gathered and analysed to identify practical recommendations for increasing attractiveness of the local RE market. Ukraine needs 16 Billion EUR by 2020 in order to reach its target of 11% share of renewables in its total energy consumption. The current share is 4.56% (2015). Ukraine has been facing drastic decrease in renewable investment since 2014 and seeks to beef up its RE capacity as a way to achieve energy sources diversification.
The Policy Talk provided a set of insights and prioritized recommendations for increasing private sector investment in Ukraine’s RES sector. These recommendations are addressing project developers, investors, project initiators in Ukraine and European Commission. The key recommendations can be found at the following link
