PROSPECTS FOR THE DEVELOPMENT OF THE ENERGY STORAGE MARKET: OUTCOMES OF THE “CHARGE AND EARN” FORUM

On September 3, 2025, Ukraine hosted its first forum dedicated to the prospects for the development of energy storage systems (ESS) — “Charge and Earn.” The event brought together key players in the energy market: representatives of the state, businesses, investors, and industry associations.

With opening remarks, First Deputy Minister of Energy of Ukraine Artem Nekrasov emphasized: “Energy storage systems are no longer just plans for the future — they are an integral element of Ukraine’s modern energy policy. We understand that today, amid constant attacks on the country’s energy infrastructure, energy storage systems can become a key element that will strengthen the resilience, flexibility, and stability of our energy system.”

According to him, energy storage facilities play a vital role in the decarbonization process and in ensuring Ukraine’s energy security. Their deployment will enhance the resilience of the energy system, increase energy efficiency, and provide autonomy both for private consumers and for enterprises.

CEO of JSC “Market Operator” Oleksandr Havva stressed that for the Company, as the operator of the organized segment of the electricity market, it is of utmost importance that this market functions harmoniously, transparently, and efficiently. “Our mission as JSC ‘Market Operator’ is to ensure the harmonious functioning of Ukraine’s electricity market. That is why we view the development of energy literacy among participants as part of our social mission. Trust and awareness are the foundation of a strong and resilient market,” noted Oleksandr Havva.

He further added that today we stand on the threshold of major change. Energy storage systems are technologies that are already shaping the new architecture of Ukraine’s energy market. They make it more flexible, more modern, and ready for integration into the European energy space.

That is why JSC “Market Operator” has developed a platform for the economic dispatch of energy storage facilities, the testing of which will begin on October 7, 2025. The new system will allow modeling of the economic feasibility of ESS operation in different market segments and will support the transparent integration of this segment into Ukraine’s energy system.

Forum participants discussed the financial attractiveness of ESS in different market segments, the barriers and prospects for the development of these technologies, as well as practical experience in implementing projects in the field of renewable energy.

The “Charge and Earn” forum marked the first step in forming an open discussion platform on the development of energy storage technologies.