Asters, Ukrainian Wind Energy Association and Ukrainian Hydrogen Council present the White Paper "Offshore wind energy and green hydrogen: new frontiers of Ukraine's energy potential"

Asters, Ukrainian Wind Energy Association and Ukrainian Hydrogen Council have published the White Paper "Offshore wind energy and green hydrogen: new frontiers of Ukraine's energy potential".

The publication targets the top management of the Ukrainian energy market players, as well as a wider audience interested in the development of renewable energy and decarbonization of the Ukrainian economy.

The White Paper analyses the potential for offshore wind energy development in Ukraine, as well as the use of wind energy for the production of green hydrogen. The authors have presented convincing arguments in favor of the development of this energy sector and have suggested relevant changes to the Ukrainian legislation to facilitate investments in offshore wind energy and production of "green" hydrogen. The White Paper (in Ukrainian) is available for download at Asters website >>

Oleksandr Repkin, President of the Ukrainian Hydrogen Council, and Kateryna Knysh, Head of Analytics at UWEA, have inspired the idea behind this White Paper. The White Paper is co-authored by: Stepan Kudrya, Director of the Institute of Renewable Energy of the National Academy of Sciences of Ukraine, Anzhelika Livitska, Counsel at Asters, Marta Halabala and Bohdan Shmorhun, Senior Associates at Asters, and Olena Sichkovska, Associate at Asters. Andriy Konechenkov, Chairman of the UWEA's Board, and Asters Partner Yaroslav Petrov edited the White Paper.

"The development of offshore wind energy technology and green hydrogen production is directly related to strengthening Ukraine's energy independence, fighting the global climate change and implementing the EU strategies," - says Andriy Konechenkov, Chairman of the UWEA's Board. "A result of the cooperation of leading national experts, this White Paper is the first Ukrainian-language analytical study of the potential of these new and promising areas of energy development in Ukraine."

"Under favorable conditions, offshore wind energy and green hydrogen production can become extremely attractive sectors for foreign investments into the Ukrainian economy and strengthen Ukraine's energy integration with the EU," – Yaroslav Petrov, Asters' Partner comments. "Asters experts are actively involved in improving the legal landscape for doing business in Ukraine. We hope that the key points of this White Paper will trigger a productive discussion on further development of the Ukrainian renewable energy market."

***

Asters has extensive experience in advising clients on various significant energy related projects in Ukraine. Asters is a Band 1 law firm for energy and natural recourses by Chambers Europe 2021, a Tier 1 law firm for energy and natural resources by The Legal 500: EMEA 2020 and is ranked among the Top 3 law firms for energy and natural resources by Ukrainian Law Firms 2020. A Handbook for Foreign Clients

Ukrainian Wind Energy Association is a nonprofit organization aimed at promoting wind energy technologies and ensuring wind energy industry interests on the national and international levels. The UWEA links wind power project developers, wind power equipment manufacturers and suppliers, utilities, construction companies, scientists and researches, lawyers, NGOs, consumers and others involved in the wind industry.

Ukrainian Hydrogen Council is the first hydrogen energy association of Ukraine's leading energy, industrial and public companies. Combined by the desire and understanding of the need: integration of modern renewable energy technologies into the Ukrainian economic model, modernization of the energy complex of Ukraine and introduction of sustainable development for the global transition to renewable hydrogen energy resources.