Ukraine's fuel and energy complex: how the war will change the basic sector of the economy
What should energy market players should pay attention to today?
The electricity market in the times of war and rapprochement of Ukraine with the EU is becoming one of the key markets of cooperation with the Europe. Western countries have opened their markets for Ukrainian electricity and are ready to invest and support the industry financially.
Mind Intelligence analyzes, how the new circumstances will affect the market and the Ukrainian political and business landscapes. We’ll analyze the main trends and events that Ukraine will see in the coming years:
Energy is the new engine of the economy
As a result of the war, Ukraine has already lost a significant part of its industrial and agricultural potential. It’s not only about the physical assets that were destroyed by the aggressor, but also about the broken supply chains and the loss of human capital.
The domestic energy industry, like all other branches of industry, also suffered quite significant losses. However, unlike others (in particular, mechanical engineering, metallurgy, defense industry, aircraft construction, shipbuilding, and others) it has a high chance of rapid recovery.
A key role is played by the significant demand for electricity in the EU. In the conditions of high prices on the European energy market, the European community is interested in having a supplier