EU energy security plan welcomed as hopes rise for restart to Ukraine PV programme

June 3, 2014
Facebook
Twitter
LinkedIn
Reddit
Email

Renewable energy lobbyist, the Europe-Ukrainian Energy Agency (EUEA), has welcomed moves by the European Commission to speed up renewables deployment and reduce the bloc’s dependence on Russian gas.

Last week the European Commission proposed an energy security strategy, encouraging member states to increase efforts towards the EU’s 2020 renewable energy targets.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The strategy was in immediate response to energy insecurity concerns over the political unrest between Ukraine and Russia: Europe gets 39% of its gas imports from Russia, and relies on imports for 53% of its overall energy consumption.

Following from the energy security threats posed by tensions between Russia, the EU and Ukraine, the EUEA told PV Tech “solar can and will play a significant contribution for higher European energy independence”, thanks to current technologies, energy prices and a need for diversification.

“Solar can, at reasonable costs, be part of more balanced energy mix and higher energy independence for Europe,” EUEA said.  

The EU’s pledge to diversify energy sources, implement an internal market, strengthen emergency and solidarity mechanisms to protect infrastructure and increase indigenous energy, are “more than needed and welcomed initiatives”.

The EUEA praised the political commitment towards increasing gas supplies while giving more room to renewables in the European energy mix.

However, the EUEA called for more long-term goals. “Europe needs to secure more sources of energy (in particular gas) and to define a long-term energy strategy,” it said.

“The problem cannot be solved in the short term and does not have a single and simple answer.”

Meanwhile, following the May 25 presidential elections in Ukraine, there are hopes that investment in PV will begin again.

As reported on PV Tech, solar power plants in Crimea were shut down in April after Ukraine's state utility, Energorynok cancelled power purchase agreements. Also a draft law reducing the green tariffs solar receives in the rest of Ukraine is still being discussed in parliament with no clear date for completion.

Ukrainian energy advisor group, IME Power analyst, Yuri Kubrushko, told PV Tech he hopes that situation would ease now.

“We certainly hope that there is a positive outcome of the presidential elections, to bring much needed stability to Ukraine during the summer. As of now, naturally risks are too high for banks and investors to work on any new projects,” he said.

Read Next

Premium
April 17, 2026
PV Talk: Toyo's Rhone Resch talks about the company’s US strategy and its work to build a localised, vertically-integrated supply chain.
Premium
April 17, 2026
France remains an 'attractive' solar market, and a 'stable environment' for potential investors, according to Ksenia Dray.
April 17, 2026
US independent power producer (IPP) Matrix Renewables has begun operations on the 210MW Stillhouse solar PV project in Bell County, Texas.
April 17, 2026
US residential solar installer Freedom Forever has filed for Chapter 11 bankruptcy amid a broad set of litigation claims.
April 17, 2026
EBRD backs HAU Energy with US$65 million loan for 200MW solar PV and 120MWh storage project in Benban, Egypt.
April 16, 2026
Tech giant Amazon has announced nine new renewable energy power purchase agreements (PPAs) in Australia totalling 430MW, with eight projects featuring solar generation co-located with BESS.

Upcoming Events

Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
March 9, 2027
Location To Be Confirmed