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EU and Ukraine plan to cooperate on renewable energy, hydrogen

BRUSSELS, 31 january (Reuters) – European Union and Ukraine The energy system intends to increase cooperation in renewable energy and hydrogen to support development in the country, which has been severely damaged by Russian attacks, the draft document states.

A draft memorandum of understanding seen by Reuters is due in Kyiv later this week the president Vladimir Zelensky should be signed at the summit between high-level officials of the EU.

The document is still subject to change before it is approved by the governments concerned.

The draft states that the EU and Ukraine It will improve regulatory, financial and environmental conditions to “significantly accelerate the deployment of renewable energy in Ukraine” and attract investment to the sector.

Government officials said of Ukraine approximately 40% of the energy system was damaged by Russian strikes, leaving the country in dire need of investment in reconstruction.

EU this month from the reserve in Poland to Ukraine 1000 generators said to supply and already 1400 offer did.

The draft deal would go beyond such emergency provisions and aim to support Ukraine in building renewable energy and developing nascent low-carbon sectors — even after a war after Russia’s February 2022 invasion.

The project states that the EU and Ukraine will share information on demand forecasts for renewable gases such as hydrogen and biomethane and synchronize how they certify non-fossil fuel gases as they attempt to build a market.

“The goal is to provide potential investors with maximum clarity on the development of the industry and the market for these gases,” he said.

The draft did not make clear whether the cooperation would be limited to hydrogen produced from renewable electricity – which the EU wants to massively expand to meet its climate goals – or include other types.

The vast majority of hydrogen used in Europe today is derived from fossil fuels in a process that produces planet-warming CO2 emissions.

In another draft document France and nine countries, including Hungary, said they wanted Ukraine to include other “low-carbon gases” – a term that could include hydrogen produced from nuclear power.

Nucleus of Ukraine is the largest source of low-carbon energy, but its plants have become the site of wartime security fears. Zaporizhzhya NPP, the largest NPP in Europe, last March Russia captured and shot repeatedly.

Reporting by Kate Abnett; Edited by Emelia Sithole-Matarise

Our standards: Thomson Reuters Trust Principles.

2023-01-31 19:37:56
Source – reuters

Translation“24 HOURS”



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