Epc price of Kyiv energy storage project

4 FAQs about Epc price of Kyiv energy storage project

Why is Ukraine investing €140 million in energy storage?

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.

Where is the first energy storage system in Ukraine?

The first energy storage system in Ukraine, with a capacity of 1 MW and a capacity of 2.25 MW/h, was commissioned in May 2021 by the DTEK Company in the city of Energodar on the territory of the Zaporizhzhia TPP, which is currently under Russian occupation. Plans for the construction of an additional 50 MW storage system were also announced.

Will Kyiv's energy storage system reach 27% by 2030?

Kyiv wants to up this to 27% by 2030. Other similar energy storage systems in Eastern Europe include Lithuanian electricity transmission system operator Litgrid's 200-MW units launched in 2023 and a 55-MW battery energy storage system in Razlog in southwestern Bulgaria that went online in 2024.

Who is funding the energy storage project in Ukraine?

Ukraine's second most profitable bank, state-owned Oschadbank, state-owned Ukrgasbank, and PUMB will provide the funding for the project, which includes six energy storage installations across the country, totaling 200 megawatts to power 600,000 households.

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