Press-release "Energy: Global Trends 2025"

Press Release

Energy: Global Trends 2025 Study of the Global Energy Production Market: Global Context for Developing an Energy Strategy for Ukraine.

Energy sources ensure countries’ economic development. There is no successful country with low energy consumption, just as there is no poor country with a competitive market for energy goods and services. The "green energy transition" has finally failed, proving the falsity of pseudoscientific conclusions and recommendations of global warming apologists who painted apocalyptic scenarios of climate change, influencing the energy, budget, and industrial policies of almost all developed countries and dozens of developing countries, including Ukraine. As a result, governments made decisions that dramatically changed and distorted the capital structure in the energy sector in particular and investment in general, further increasing the fiscal and regulatory burden on industry, agriculture, and infrastructure sectors, and thus tariffs. But is there a way out? What are the trends in the global energy sector, and what unique opportunities does Ukraine have in the context of changes in the global energy market?? ILI experts answered these questions in a new study of the Institute, which can be freely used by the media, bloggers, and other media with a relevant link to the source. The study’s extended version is available in a PDF attachment on the website.

The state of Ukraine's energy system and the reasons for the stagnation of Ukraine's energy sector.
Victim of state interventionism: the high-profile bankruptcy of Northvolt. In-depth analysis of the global energy market: fossil fuels, nuclear power, solar, wind, and hydropower, and investments in these sources, prospects for renewable energy sources. Key economic and energy indicators of selected countries and regions.

The conclusions of the study contain a list of recommendations for the Government, the Verkhovna Rada, investors and businesses that can make Ukraine a full-fledged and important player in the global energy market and reduce tariffs for consumers: households and businesses.

ILI believes that it is important to abandon the practice of constant regulatory changes that create uncertainty and block investments in the energy market. One of the most important problems is the price caps on the wholesale market, which underlie the competitive process, especially for such a homogeneous commodity as electricity. The reason for the increase in energy costs for producers of goods and services lies in the high concentration of non-market power and the capture of the regulator by dominant market participants.