On October 25, 2023, the European Commission in Brussels hosted the official presentation of the European-Ukrainian Energy Transformation Center (EUETH), established by a consortium of leading international experts under the auspices of the Institute for Climate Protection, Energy and Mobility (IKEM).
The event was held at a high level with the support and participation of Maroš Šefčovič, Executive Vice President of the European Commission, and Yulia Svyrydenko, First Vice Prime Minister and Minister of Economy of Ukraine.
EUETH aims to provide expert support for the reconstruction and transformation of Ukraine’s energy sector under the principles of climate neutrality and environmental sustainability through the rapid introduction of modern technological innovations, modernization of the regulatory framework, and attraction of investment.
During the launch of the project, the results of preliminary research were presented, and the opening of the EUETH office in Kyiv was announced.
The preliminary research was conducted by a consortium of European, Ukrainian, and international experts, including BBH Group, GOLAW, the Institute for Climate Protection, Energy and Mobility (IKEM), Yaroslav Mudryi Kharkiv National Law University, and Horizon².
GOLAW was represented at the event by its founding partners Valentyn Gvozdiy and Sergiy Oberkovych.
“While providing unwavering support to Ukraine in the face of Russian aggression, we must also work to reconstruct and modernize the country’s economy and energy system in line with the European Union’s climate neutrality goals. Improved energy governance, harmonized with ambitious EU regulations, can help Ukraine integrate deeper into the European market and build a competitive and decarbonized energy system based on renewable energy, energy efficiency, and enhanced energy storage and infrastructure development. Initiatives such as the European-Ukrainian Energy Transformation Hub will help accelerate this process and the transition to zero emissions,” emphasized Executive Vice President Maroš Šefčovič.
“Without waiting for the end of the war, we are working to transform Ukraine’s energy sector. We seek to attract investments to accelerate the post-war recovery process and set strategic goals within the framework of the Green Deal. The Government is grateful to its European partners for their continued support, including the initiative to launch the European-Ukrainian Energy Transformation Hub, which enables us to use the world’s best practices not only in the energy sector but also in ecology, environmental protection, and climate neutrality,” said Yulia Svyrydenko, First Vice Prime Minister and Minister of Economy of Ukraine.
Ann Mettler, Vice President of Breakthrough Energy Europe, said: “It’s never too early to start thinking about rebuilding Ukraine. The day will come when it will be important to rebuild the country with the cleanest, most sustainable standards and principles. I have no doubt that Ukraine will become a model green energy country. Being aware of the difficulties of integrating the Ukrainian energy system with the European one, we support the launch of the European-Ukrainian Energy Transformation Hub. They are working to ensure that the reconstruction of Ukraine leads to energy management that will allow the introduction of innovative clean technologies and bring Ukraine closer to regulatory compliance with the EU.”
“GOLAW’s energy practice is one of the strongest in Ukraine and is based not only on the deep knowledge of energy law of our colleagues but also on the practical understanding of the Ukrainian energy sector. We are pleased to be a part of this project and are delighted that our contribution to the project is highly appreciated by our partners. GOLAW will continue to cooperate with the partners within the project actively. The European-Ukrainian Energy Transformation Hub (EUETH) will become an important reference point for the government and the private sector, as well as a point of interaction between stakeholders for further effective energy reforms,” said GOLAW Managing Partner Valentyn Gvozdiy at the project launch.
More information is available on the project’s website.