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€20 billion for waste-to-energy plants in Ukraine

Published Monday, 15th June 2009

ecoenergyThe Swedish company EcoEnergy Scandinavia and the Ukrainian government today signed an agreement to build and operate waste incineration plants in the country. The firm plans to bring in third-party investors and partners to speed up implementation of the more than €20 billion multi-year project.

The planned facilities will both help reduce waste and generate energy for Ukraine. Fourteen cities are under consideration as sites for the new plants.

EcoEnergy plans to construct and operate local plants for incineration of all sorts of waste to produce electricity, heating/cooling and biogas. It says the technology it uses will enable carbon dioxide-neutral production and operations. Facilities in the first two cities are set to begin operations in the second half of this year.

“This agreement is a part in our ambitions in directing the country toward a more environment friendly development,” said Ukrainian Prime Minister Yulia Tymoshenko. “High-tech waste-to-energy plants will give us access to a renewable energy source that will be developed in a larger scale — something that will contribute to an increased independence regarding energy supply and for the country as a whole.”

“For EcoEnergy, the possibility to initiate this cooperation with the Ukranian state is an important step in the company’s development,” said Lars Guldstrand, EcoEnergy’s chairman of the board.

By transforming its waste into energy, Ukraine hopes to both manage the growing waste volumes in the country while also meeting the demand for a stable and efficient clean energy supply.

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  1. Ross says:

    Anything that helps wean Ukraine off its dependence upon Russian gas is great news for both the Ukraine and most of Europe, since the ongoing friction between the two nations continually disrupts the flow of gas into other European countries like Bulgaria. It also will help weaken the political stranglehold that the Russian Federation has managed to gain over Europe from its energy reserves.

  2. Ivan says:

    I think its bad for both Ukraine and Europe because of our government will never make good source of energy for Ukrainian people. Its not enable to do such as things. And Ukraine will be never free from the Russian Federation and its resources. €20 billion will be somewhere but not in our energy sector.




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