Ukraine
With a power score of 1.83, Ukraine ranks number 47 among emerging markets and number 74 in the global power ranking.
- Emerging markets
- Europe
1.83 / 5
Power score
Transport score
Overview
Ukraine has a power score of 1.83, which puts it at rank 74 in the global power ranking, and rank 47 in the emerging markets power ranking. In comparison to 2021, Ukraine has deteriorated in the power rankings by -38 places, from rank 36, to rank 74.
At 1.83, the power score of Ukraine is lower than the regional average of 2.18 in the Europe region.
Regional power score comparison
Power
Power policy
Ukraine implements policies in 3/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Ukraine has increased from 68.98 USD/MWh in 2020 to 79.89 USD/MWh in 2021. Since 2017, the average electricity price in Ukraine has fluctuated between 57.64 USD/MWh (2017) and 79.89 USD/MWh (2021).
Power market
The top amount of capacity installed in Ukraine in 2022 was in Coal at 33.7%, down from 33.82% in 2021. The technology with the biggest increase in capacity installed in 2022 was Wind at 3.22%, up from 2.95 in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Ukraine in 2022 was Nuclear, generating some 55.42% of electricity, down from 55.5% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Large Hydro at 8.21%, up from 5.69% in 2021.
Investment in clean energy in Ukraine was around $7.2 million in 2022, a decrease of 99.7% from 2021 ($2440.55 million). Between 2017 and 2022, the highest investment in clean energy was in 2019 at $3721.05 million, while the lowest was in 2022 with $7.2 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
Type
Question
Availability
Currency of PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
Transport
Transport policy
Ukraine implements policies in 4/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?