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electricity to the EU will provide additional capacity in the European electricity market and reduce the European dependence on Russia, while Ukraine will benefit from additional profits.
9.1.10 Renewables sector news
Ukraine plans to build 7.1 gigawatts of new green energy capacity. In Lugano, Switzerland, Ukraine Minister of Energy Herman Galushchenko, during a discussion on renewables to power post-war Ukraine, said that the green transformation will be the center of Ukraine's post-war recovery. The goal is to build 7.1 GW of new renewable energy capacity. According to Galushchenko, the decarbonization of Ukraine’s energy sector is planned to be carried out thanks to the development of safe and carbon-neutral nuclear energy. It is also designed to phase out coal-fired power plants, develop renewable energy sources, and deploy storage capacities.
9.1.11 Metallurgy & mining sector news
Ukraine’s metallurgical production down by almost 50% in 5 months of 2022. According to the association of metallurgical enterprises Ukrmetalurhprom, during the first five months of 2022, the production of cast iron, steel, and rolled metal in Ukraine has decreased by an average of 47% compared to 2021.
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