EU public funds for “securing” dirty coal and nuclear energy – Ukraine transmission lines
Publisher: CEE Bankwatch Network
Volume: 7 pages, pdf
Description:
As a large country strategically placed on the eastern border of the European Union, the development of Ukraine and its energy sector is undoubtedly influenced by the EU's energy strategy. In 2010 Ukraine joined the European Energy Community with the goal of integrating in the common European electricity and gas markets. The ground work for this integration has been started in the last six years with the help of the EIB and the EBRD, whose investments in the energy sector of Ukraine, with a total loan value approaching EUR 1 billion1, have been mainly focused on high-voltage transmission line construction.