Please use Ukraine News Review's new URL:


Friday, March 4, 2016

Kyiv has saved over one billion Hryvnia by improving energy effficiency in public buildings

According to Director of Kyiv's Municipal Enterprise " Project Implementation Unit”, city has implemented a comprehensive energy efficiency investment programme in over 1,500 communally-owned buildings in the education, culture and health sectors, what has  reduced heating consumption by close to 350,000 Gcal  per year and provided  energy cost savings worth one billion Hryvnia.

Thursday, March 3, 2016

Ukrainian Energy Forum: EU and experts demand acceleration of energy reforms

Lack of progress in the Ukraine’s energy sector reforms was the main headline at the Ukrainian Energy Forum, a three-day conference in Kyiv that started on March 1. The event drew Ukraine’s top energy representatives and international experts, along with at least 300 senior energy executives from 20 countries worldwide.

Tuesday, March 1, 2016

Smart thermostat is developed by engineers from Kharkiv and supported by crowdfunding platform Seedmatch

Device called eCozy is a smart thermostat that calculates the best-fit heating regime for the radiators it is attached to and it can cut heating bills by up to 30 percent. The installation of a smart thermostat on a hot water radiator only takes 90 seconds.

Thursday, February 25, 2016

Pool of foreign policy experts is optimistic about Ukraine's future

Twenty international policy experts were asked by the Carnegie Europe the same question: Is Ukraine a Lost Cause? All of them answered no. Following are the most common views, expressed by the experts:

Tuesday, February 23, 2016

Ukraine joins the EBRD's Finance and Technology Transfer Centre for Climate Change

Finance and Technology Transfer Centre for Climate Change (FINTECC) is part of the EBRD's contribution towards climate technology transfer to countries in transition. EBRD Director for Ukraine Sevki Acuner has said that the Bank will allocate for Ukraine $40 million, while the Global Environment Fund and Neighborhood Investment Facility plan to earmark $7 million and $4 million correspondingly.

Thursday, February 18, 2016

Ukraine will upgrade nuclear power plants with support of EBRD and Euroatom

30 years after Chernobyl nuclear catastrophe, Ukraine is planning to spend an estimated $1.7 billion to bring the facilities, many of which are nearing the end of their planned life spans, up to current Western standards. The project is supported by the West, including a $600 million contribution split evenly between the European Bank for Reconstruction and Development (EBRD) and Euratom.

Monday, February 15, 2016

Successful international launch of unique home energy monitoring system by Ukrainian inventors

Startup company Ecoisme, founded by young Ukrainian inventor Ivan Pasichnyk and his friends, recently  presented  at Indiegogo and CNET (watch also the video ) a new intelligent energy-tracking smart plug, which can monitor all of the electronic devices in your home. The sensor detects all of your appliances, monitors the energy being spent and displays the costs on your Android or i OS smart phone.

Thursday, February 11, 2016

OECD: Enhancing Competitiveness in Ukraine through a Sustainable Framework for Energy Service Companies

Energy service companies (ESCOs) could help Ukraine to improve energy efficiency by stimulating private sector development of measures that in the long term will greatly benefit the economy. According to governmental estimates,  the ESCOs market in Ukraine could reach a cumulative  volume of EUR 4.4 billion by 2030, starting with EUR 130 million/year in 2015 and reaching EUR 311 million/year in 2020.

Monday, February 8, 2016

Ukrainian renewable energy in 2015

2015 was very difficult for renewable energy (RE) development in Ukraine because of combination of several factors, including 50-55% decrease of "green" tariffs by government, sharp decline of national currency, what led to a drop of the value of "green" tariffs, violation of RE legislation regarding  regular review of tariffs and providing state guarantees for investors, and, of course, severe  economic recession in the country.

Thursday, February 4, 2016

Ukraine’s Economy Minister resigns trying to fight official corruption

Ukrainian Economy Minister Aivaras Abromavicius quit on Wednesday saying his ministry was being hijacked by corrupt vested interests. In his statement, Abromavicius accused a close ally of Ukrainian President of blocking the ministry's work and pressing for powerful jobs for placement.