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Energy independence from russia is of fundamental importance for all Europeans, and only together can we protect EuropeCreated date
30 08 2022
It was said by the President of Ukraine at the Offshore Northern Seas Conference 2022. He invited foreign companies to invest in the production of clean energy and "green" hydrogen in Ukraine.
"Our state is one of the best locations for providing all of Europe with green energy and green hydrogen. We have everything for this – enough land, good wind, good sun, as well as ready-made energy logistics – powerful power transmission lines, gas pipelines that can be used for hydrogen – of course, after appropriate modernization," the President said.
It is also planned to increase the export of Ukrainian electricity to EU countries. "Despite the war, during the war we ensure this export, and our electricity is much cheaper than what is currently available on the market. We can really help overcome the cost of living crisis in our neighboring EU countries," Volodymyr Zelenskyy said.
"Ukraine can become - and, I believe, will become - one of the guarantors of the energy security of the European continent. Together with Ukraine, you will be able to prevent such price crises ever again," the President emphasized.
Norway is an example to follow in energy transformation. The President of Ukraine mentioned Norway's contribution to the development of renewable energy sources, carbon capture and storage, batteries and hydrogen energy.
In turn, Norwegian Prime Minister Jonas Gahr Støre confirmed the intention to play a key role in the energy transition together with the EU and key European countries.
“We are fully committed to create effective value chains for hydrogen, benefiting Norwegian industry and transport systems as well as our energy partners in Europe. And finally, Norway commits to dramatically scaling up production of renewable energy from offshore wind," he said.
Elon Musk, a well-known investor, CEO and chairman of the board of directors of Tesla Inc., spoke about the transition to sustainable energy and economy as one of the challenges, as well as his vision of this path.
It should be noted that the Ministry of Energy of Ukraine, the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE), the scientific, business and international communities are working out ways to build a hydrogen economy in Ukraine. The development of the Hydrogen Strategy of Ukraine is being finalized within the framework of a working group based on the Ministry of Energy.
