Ukraine, Italy deepen cooperation in energy sector

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Photo/Ministry of Energy and Coal Mining

Ukraine is ready to expand bilateral cooperation with the Italian Republic in the energy sector and to develop areas of cooperation of mutual interest for both countries.

This was discussed during a meeting between acting Minister of Energy of Ukraine Olha Buslavets and Ambassador Extraordinary and Plenipotentiary of Italy to Ukraine Davide La Cecilia.

“I see significant potential for the development of cooperation in the energy sector, in particular, in the development of renewable energy sources, as well as the introduction of the latest energy technologies. I hope that our meeting will result in a new dialogue between Ukraine and Italy in the field of energy, which will become an impetus for the implementation of new projects that are strategically important to enhance energy security,” Olha Buslavets said.

She noted that the integration of the energy markets of Ukraine into the EU markets and the introduction of the most approximate Ukraine’s legislation and regulatory conditions with that of the EU is a strategic goal of our country.

“Synchronization of the unified energy system of Ukraine with the ENTSO-E [European Network of Transmission System Operators for Electricity] is a priority and strategic direction of Ukraine’s European integration aspirations in the electric power sector,” she said.

Olha Buslavets informed about the prospects of introducing a new competitive model for supporting the production of electricity from alternative energy sources. She also assured that the state will continue to fulfill its obligations to investors: “We will fully support companies that will invest in Ukraine.”

Separately, the head of the ministry focused on the development of hydrogen energy sector.

“This is a promising area of ​​green energy, and we expect cooperation with foreign partners and the involvement of technical assistance in the implementation of key measures for the development and integration of hydrogen technologies, which, in particular, will include the development of a hydrogen concept and the implementation of pilot projects,” Olha Buslavets said.

In addition, Ukraine pays considerable attention to the issues of diversification of natural gas supply routes from the EU countries. At the same time, work is underway to study the supply issue of liquefied natural gas from the terminals of European countries, as well as to develop solutions for the development of LNG infrastructure.

Read also: German companies interested to invest in Ukraine’s energy sector.

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