Key Market Indicators
Ukraine's renewable energy generation is projected to soar, reaching approximately 44 Terawatt-hours (TWh) by 2028. This marks a significant leap from the 23 TWh recorded in 2023, translating to an impressive annual growth rate of over 10%. Since 2003, Ukraine's renewable energy supply has experienced a remarkable surge, increasing by more than 54% each year. In 2023, the country ranked 12th globally in renewable energy generation, with Norway leading the pack at 23 TWh. Other European nations also featured prominently in the rankings, with the United Kingdom, Spain, and France taking the 2nd, 3rd, and 4th spots, respectively.