Project: Energy Security Project (ESP)
Implementer: Tetra Tech, ES Inc.
Project Period: July 1, 2018 – June 30, 2023
The purpose of Energy Security Project (ESP) is to enhance Ukraine’s energy security. Improving the energy legal and regulatory environment and increasing the resilience of energy supply will help USAID to achieve broad-based, resilient economic development as a means to sustain Ukrainian democracy. Providing assistance for the creation and development of free market mechanisms is the main goal of ESP.
The assistance to key energy institutions supports the implementation of an essential component of USAID’s Ukraine Country Development Cooperation Strategy.
ESP will help the Government of Ukraine (GOU):
- to provide affordable, reliable, resilient and secure energy to its citizens;
- assist the Government of Ukraine to integrate into European energy markets by helping key government agencies and the energy regulator to meet EU energy acquis requirements, including the Third Energy Package;
- improve energy security establishing competitive energy markets in electricity, natural gas and district heating sectors;
- increase energy supply in Ukraine by facilitating private sector-led energy investments in, and increasing production of renewable energy sources.
"For Ukraine to be truly secure, it must have access to secure, reliable, affordable & resilient sources of energy. This means investments in Ukraine’s infrastructure, renewable energy, enhancing its cybersecurity" – director of the USAID Ukraine Susan Fritz, at the USAID Energy Security Project launch.Brochure of the USAID Energy Security Project (ESP) in Ukraine