A renewed focus on Ukraine’s nuclear power sector

Ukraine is the eighth country in the world in terms of nuclear power plant capacity. The country is now in the process of repairing, modernising and finding new technologies to meet the electricity demand. However, a focus on management and transparency is still necessary in order to have a safe, effective and publically profitable nuclear power sector.

Nuclear energy began to develop actively and significantly in the second half of the 20th century. This boom was primarily due to the dynamism felt in all sectors of industry which was based on large numbers of labour and massive electricity demands. Yet, the beginning of the 21st century started to see a decline in this sector. Today competition in the energy sector contributes to the fact that energy markets are developing very rapidly and energy resources are becoming more affordable.