RESTORING AND STRENGTHENING THE RESILIENCE OF THE POWER SYSTEM - GERMAN GALUSHCHENKO MET WITH REPRESENTATIVES OF THE SWEDISH SIDA AGENCY
Sweden is ready to continue supporting Ukraine's energy sector to strengthen the resilience of the energy system and restore the energy infrastructure damaged by russian shelling on the basis of a «green» transition.
This was discussed at a meeting between Minister of Energy of Ukraine German Galushchenko and CEO of the Swedish International Development Cooperation Agency (SIDA) Jakob Granit. The meeting was attended by Ambassador Extraordinary and Plenipotentiary of Sweden to Ukraine Martin Oberg and Deputy Minister of Energy of Ukraine Yaroslav Demchenkov.
The Minister of Energy thanked Sweden for its support of the Ukrainian energy sector, stressing the special significance of the Swedish contribution of 25 million EUR to the Energy Support Fund for Ukraine, established under the Energy Community Secretariat.
German Galushchenko also thanked the Swedish Government for the programme of strategic cooperation with Ukraine on recovery and reforms for the next 5 years, which includes support for private sector initiatives, in particular, the development of distributed generation projects based on solar and wind energy.
The parties discussed Ukraine's interest in Sweden's expertise and experience in implementing the «green» transition and balancing the market with generators whose operation depends on weather conditions.
The meeting also focused on the prospects for the development of energy storage systems in Ukraine as an integral part of renewable energy development and the potential for cooperation between the parties in this area.