EU, Ukraine plan cooperation on renewable energy, hydrogen -draft

BRUSSELS, Jan 31 (Reuters) – The European Union and Ukraine intend to increase cooperation in renewable energy and hydrogen to foster development in the country whose energy system has been severely damaged by Russian attacks, a draft document showed.The draft memorandum of understanding, seen by Reuters, is due to be signed at a summit between President Volodymyr Zelenskiy and top EU officials in Kyiv later this week.The document could still be changed before it is approved by the governments involved.The draft said the EU and Ukraine would improve the regulatory, financial and environmental conditions to “significantly accelerate the deployment of renewable energy in Ukraine” and attract investment to the sector.Government officials have said that about 40% of Ukraine’s energy system has been damaged by Russian strikes, leaving the country with a huge need for investment in…

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