Mykhailo Pyrtko – Law, Energy, and International Investment Insights

  In my   previous blog , I analyzed how the full-scale war has changed Ukraine’s energy sector and why renewables have become the foundation of a new development model. “Green” energy truly offers Ukraine strategic prospects for integration with Europe, but it cannot be the sole pillar in times of war and reconstruction. For system stability, a balance between renewable and traditional resources is essential — and here, domestic gas production plays a key role. For decades, Ukraine has remained vulnerable due to its dependence on imported energy resources. Every geopolitical crisis — from the gas wars of the 2000s to the full-scale invasion — has shown how dangerous it is to rely on external supplies. That is why the development of domestic gas production today is not just an economic issue, but a matter of survival, energy security, and national resilience. However, for this potential to turn into real results, certain conditions must be met: investor trust, clear rules of t...

  The full-scale war has radically changed the Ukrainian energy sector. According to the fourth Rapid Damage and Needs Assessment prepared by the World Bank, the Government of Ukraine, the European Commission, and the UN, Ukraine’s energy sector suffered direct losses amounting to 20.51 billion US dollars as of early 2025. Systematic attacks on thermal and hydroelectric power plants, substations, and transmission networks make the traditional centralized production model vulnerable, as highlighted in the IEA report. Under these conditions, renewable energy is acquiring strategic importance. It not only makes it possible to diversify energy sources but also to build a decentralized, resilient infrastructure less susceptible to attacks. For Ukraine, this is also an opportunity to integrate into the European energy space: in 2022 the country joined the ENTSO-E power system, which opened up prospects for exporting “green” electricity to the EU. For international investors, Ukraine’s “g...