Ukraine Power Report Q3 2018
This quarter, our core assumptions for the sector remain largely unchanged. We believe that the growth of Ukraine'spower sector will remain sluggish over the coming decade. Limited natural gas and coal supplies will limit the potential of thermalgeneration, while the country's large nuclear fleet is rapidly ageing. Slow structural reforms in the energy sector, political andeconomic volatility and pervasive corruption will continue to deter foreign investment, which is much needed for modernisation ofoutdated and inefficient infrastructure. While hydropower and non-hydro renewables are attracting investor interest, the pace oftheir development remains too slow to make a notable contribution to Ukraine's overall power mix by 2027.
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