On March 21, Razom We Stand, in partnership with E3G, Berlin Economics and Low Carbon Ukraine Project, will host a side event in conjunction with the Berlin Energy Transition Dialogue 2024.
Our event, titled "Rebuilding Ukraine’s Power Sector with Green Technologies: opportunities for German-Ukrainian Cooperation”, aims to initiate a practical discourse on the necessary investments and engagement of German businesses in affordable and clean energy technologies, digitalisation and innovation. These initiatives can assist Ukraine in meeting the energy needs of its economy securely and lay the groundwork for a decentralised, renewable energy-based, secure energy system of the future.
When: March 21, 2024, 15:00-18:00 CET
Where: Germany, Berlin 10178, Neue Promenade 6, (In person or via our LinkedIn)
In the company of experts, industry representatives, and investors, we will explore opportunities to transform Ukraine’s energy sector and discuss the primary areas of investment for replacing coal-fired power plants with clean, decentralised generation.
The plans to phase out coal-fired power in Ukraine were first officially announced in 2021 at the UN climate conference COP26 in Glasgow, a few months before Russia launched its full-scale invasion. Subsequently, Russia deliberately attacked and extensively damaged Ukraine's energy infrastructure, revealing the profound vulnerability of the centralised energy system.
By joining 23 other European countries that have already committed to phasing out coal, Ukraine has outlined its intention to play an important role in the fight against climate change. This commitment showcases to investors that Ukraine is open to green business and envisions its future as a green energy superpower supplying clean energy and developing sustainable clean energy technologies with the EU.
Notably, 30 German companies have expressed their willingness to invest in Ukraine. As of August 2023, 14 German companies were utilising guarantees, covering a total maximum liability of 280 million euros. Today, Ukraine is not only a country in need of financial assistance but also an economy with good prospects for investors, technology providers and contractors, especially in the power sector, which requires a large-scale overhaul towards decentralised and resilient systems.
To register for participation in the event, please click here.
A detailed agenda for the event is available here.
The event will be live-streamed on our LinkedIn page.
