Despite the setbacks faced by thermal power plants, Ukraine’s energy market remains the most attractive for Western investment, according to an expert
15 April 11:05
YOUTUBE
Ukraine’s energy sector today is a paradox. Despite daily attacks and its status as a “sector suffering from shocks,” it remains Ukraine’s leading industry in terms of revenue.
YouControl analyst Roman Kornilyuk states in an exclusive interview with "Komersant Ukrainian": we are witnessing a radical break with the post-Soviet model, which is transforming the energy sector into the most attractive platform for Western capital.
Why the energy sector is adapting faster than others
According to Kornilyuk, the Ukrainian economy today is an “economy of adaptation.” The energy sector is a striking example of this process: it is not merely surviving, but is decentralizing and integrating into European standards under the pressure of wartime conditions.
“We see that the future lies precisely in distributed energy, in decentralized and green energy. And this aligns perfectly with the European Union’s requirements, which we are working toward,” notes Roman Kornilyuk.
The YouControl analyst emphasizes that the industry’s future lies in a complete departure from the old model of concentrated production.
Decentralization as a survival strategy
Traditional energy sectors, built on massive centralized capacities, are becoming too vulnerable. The future lies with alternative sources.
- Potential: Solar, wind, and biogas have “enormous potential” capable of meeting the country’s current needs.
- Economy: Although alternative sources may be less profitable without budgetary support, their viability during wartime is critical. Nuclear energy must balance such a system at cost.
Korniliuk mentions Poland’s readiness to invest in the construction of new generation capacity, particularly in western Ukraine. This is not merely financial aid, but a strategic move toward a common energy market.
“It’s also about where we’re heading and which sectors have prospects for future development. Within the energy sector, we all immediately saw just how promising the shift away from post-Soviet concentration of capacity is,” the analyst explains.
Despite the investment potential, Kornilyuk directly points to “corrupt practices” within the sector that are hindering development. Additionally, part of the environmental registries remains closed, which is critically important for the “green” transition.
It is important for an investor to understand who they are working with. The analyst emphasizes that transparency is the key to ensuring that Western capital does not get caught up in shady schemes.
Thus, the transition to distributed generation is not merely an environmental whim of the EU, but a strict wartime requirement. According to Roman Korniyuk, the energy sector will demonstrate the greatest growth momentum because it “adapts to new conditions” every year.
