Energy Ministry, IEA sign two-year program for restoration of Ukrainian energy sector

KYIV. Dec 13 (Interfax-Ukraine) – Executive Director of the International Energy Agency (IEA) Fatih Birol and Ukraine’s Energy Minister Herman Haluschenko have signed a two-year joint work program to rebuild Ukraine’s energy system after the devastation caused by Russian military aggression, the Energy Ministry said on its website on Tuesday.

"The agreement was signed at the Paris headquarters of the IEA following a meeting between Fatih Birol and Herman Haluschenko," the ministry said.

The joint work program focuses on Ukraine’s key short- and long-term energy priorities with a focus on energy security, a clean energy transition and an energy sector recovery plan.

According to the program, the IEA will support the Ministry of Energy in the development of the Energy Strategy until 2050. The program outlines the areas of cooperation, in particular the security of the energy system, energy saving, low-carbon hydrogen, renewable energy sources, biogas, as well as work with data and statistics.

According to the ministry, in the context of strengthening energy security, the IEA will assist the government of Ukraine in assessing the existing principles for investing in the energy system and in developing recommendations for their improvement.

"Enhanced security and the transition to carbon-free energy are the fundamental principles on which the recovery of the energy sector of Ukraine after the victory will be based. Despite the war, we do not abandon previous plans to develop renewable energy and support the global trend of a "green" transition," the minister said.

According to him, the joint program with the International Energy Agency will help attract high-quality expertise, best world practices and the widespread introduction of the latest technologies to restore the modern energy system of Ukraine.

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