Bankwatch Mail 36
Publisher: CEE Bankwatch Network
Volume: 5 pages, pdf
Description:
In March 2006 the Government of Ukraine released its ‘Energy Strategy of Ukraine up to the year 2030’, a highly controversial document that has been criticised by the Ukrainian public, the National Agency for Renewable Energy and, moreover, by the International Energy Agency. Such widespread criticism is not surprising when you consider that the strategy envisages not only the construction of 22 new nuclear reactors but also that by 2030 Ukraine’s energy efficiency will only be at the same level as Poland has already achieved to date. As it looks on, the EBRD’s position vis-a-vis this Frankenstein-esque strategy is causing concern.