Ukraine coal energy storage project

Said to mark a significant step towards enhancing the country's energy independence, stabilising power supply and accelerating its transition to renewable energy, the project should deliver six energy storage plants located at sites across Ukraine, with capacities ranging from 20MW to 50MW and totalling 200MW.

The €140 million total investment aims to enhance power grid stability, bolstering Ukraine's energy security and independence. The project will be the biggest operational energy storage portfolio in Eastern Europe at the time of commissioning.

The project, with an investment of €140 million ($143 million), will lead to the delivery of Ukraine's first large-scale battery-based energy storage portfolio and the provision of 400MWh of dispatchable power – declared enough to supply short term power for 600,000 homes.

At the same time, it aims to ensure an economically and socially just transition for the regions affected. Ukraine ensures that structural change in the context of the coal phase-out is socially and economically equitable, environmentally friendly, energy-efficient, and compliant with EU environmental and safety standards.

“Battery storage is a critical element in Ukraine's vision to build a decentralised energy system that reduces our emissions and enhances our energy security,” commented DTEK CEO Maxim Timchenko. Have you read? “The partnership with Fluence further signals our commitment to leading the way in battery storage, both in Ukraine and across Europe.

To scale up structural change in other Ukrainian coal regions, the project is advising the Government of Ukraine on setting up a facility to host a trust fund, to which international donors can contribute. Ukraine ensures that structural change in the coal regions is socially and economically viable, energy-efficient and environmentally friendly.