Support a more resilient and stable energy system in Ukraine
Introduction
Ukraine has lost more than half of its electricity generation capacity because of Russian attacks on the country’s energy infrastructure. Ukraine has historically relied on nuclear, thermal, and hydro energy, but the full-scale invasion has caused severe damage to central generation and grid infrastructure.
Swedfund is supporting the project owner with a technical feasibility and commercial study in relation to the installation of a Battery Energy Storage System (BESS).
The overall objective of the proposed feasibility study is to contribute to enhancing the region's energy resilience and stabilising operation of the energy grid.
Facts
SDG in focus
No Poverty
End poverty in all its forms everywhere.
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Reduced Inequalities
Reduce inequality within and among countries.
Value creation
Expected Impact
The Battery Energy Storage System (BESS) will charge using electricity from the existing solar power station and from the grid during off-peak hours, and discharge electricity during peak demand hours. By utilizing the stored solar energy, the plant can reduce its reliance on grid electricity, leading to lower electricity costs.
Other projects within
Clean Energy