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Prime Minister Denys Shmyhal made a corresponding statement during a round table on energy in Ukraine organized by the World Economic Forum (WEF) on June 3, Ukrinform reports with reference to the Government portal.

Shmyhal stressed that synchronization with the ENTSO-E, which is planned for 2023, would open wide prospects for the development of renewable energy sources in Ukraine while increasing the stability of Ukrainian and European energy systems.

The Prime Minister expressed confidence that Ukraine would have a higher ranking in the next WEF Energy Transition Index due to the active development of smart grids, hydrogen economy, and energy storage systems.

He also noted that Ukraine sought to adapt the best policies of the European Union. For this purpose, the Government has been actively implementing and developing the gas and electricity market, as well as intensively preparing for synchronization with the ENTSO-E over the past year and a half.

The Head of Government stressed that Ukraine integrated the approach of the World Economic Forum’s System Value into economic planning. In particular, energy efficiency, modernization of distribution networks, and increased share of renewable energy sources will be important factors within this approach.

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