G7+ countries acknowledge Ukraine’s advancements in energy reforms

This was stated in a joint message from the G7+ Energy Coordination Group and the Ukrainian government, released during the UN Climate Change Conference (COP29) in Baku, according to Ukraine’s Ministry of Energy.

“We welcome the progress on reforms implementation made by Ukraine in order to achieve its clean energy transition targets, reinforce its efforts under the enlargement track and ensure compliance with the obligations under the Energy Community Treaty, specifically:

• Adoption of the National Energy and Climate Plan (NECP) for the period until 2030 and approval of the National Renewable Energy Action Plan for the period up to 2030 as the NECP’s component;
• Improving market-based support schemes for RES development, including guarantees of origin for RES electricity, setting up net billing model for self-customers;
• Launching the parliamentary legislative procedure to transpose the Electricity Integration Package (EIP) into national primary legislation; 
• Approval of a Strategy for the Development of Distributed Generation for the Period up to 2035 and the Operational Action Plan for its Implementation for 2024-2026,” the statement reads.

It also calls on countries to increase support for the urgent restoration of Ukraine's energy infrastructure and to strengthen the capacity for cross-border electricity flows with neighboring EU member states.

• Ukraine and Belgium signed memorandums that provide for cooperation in the reconstruction, renovation, and building of educational, healthcare and energy facilities.