Currently, Europe is focusing on other issues, particularly environmental protection and the fight against climate change. To this end, a broad investment strategy has been developed, which is detailed in the Green Deal and other related plans. A key component of these strategies is the energy sector, where the European Union has set ambitious targets for transitioning away from coal-fired energy sources and promoting the use of renewable sources.

The forthcoming heating season of October 2015–April 2016 may be the most challenging season for the Ukrainian energy sector since Ukraine’s independence. Each subsector of energy sector has its own challenges in addition to the general problems such as the military conflict in the East, currency depreciation, debt accumulation, and high inflation.