Oleksii Romanov

In response to the Russian invasion and the attacks on the energy infra­struc­ture, Ukraine’s govern­ment has priori­tised energy decen­tral­i­sa­tion as one of the direc­tions for improving energy security and resilience. The author of the brief, Oleksii Romanov, covers the current state of the industry and the stim­u­la­tion system, analyses the plans for reforming this system, drafts the prin­ci­ples to guide future policy and the potential areas of German-Ukrainian coop­er­a­tion for the decen­tral­i­sa­tion of Ukraine’s energy system.

This policy brief gives an overview of the current state of the Ukrainian energy system and the chal­lenges that emerged because of the war, but also the chances for the sustain­able recon­struc­tion of the energy sector. In order to modernise the economy on a sustain­able basis Ukraine needs signif­i­cant private invest­ments. At the same time, the large-scale recon­struc­tion of the energy sector offers oppor­tu­ni­ties for German and EU companies to partic­i­pate in the “green” devel­op­ment of the Ukrainian economy.