On the sidelines of EU Green Week 2025, which took place from June 3 to 5 in Brussels, with the support of the Ministry of Environmental Protection and Natural Resources of Ukraine, PJSC "NAK Nadra of Ukraine" and the energy technology company Baker Hughes have signed memoranda of understanding in the fields of geothermal energy and carbon capture and storage (CCS).
"Establishing this partnership is another step for Ukraine within the global movement toward climate neutrality. Geothermal energy and carbon capture and storage are tools of our future that allow us to combine energy security with environmental responsibility," emphasized Oleh Hotsynets, Head of the State Service of Geology and Mineral Resources of Ukraine.
- The first document concerns cooperation in the field of geothermal energy. Ukraine has significant potential for the use of geothermal resources, particularly in the Zakarpattia region. The use of underground thermal waters can provide heating, electricity generation, and support for agriculture and industry. Repurposing wells from depleted fields will help extend their lifecycle and reduce the cost of drilling new ones.
- The second document provides for the implementation of carbon capture, utilization, and storage (CCUS) projects. Ukraine has significant potential for geological CO₂ storage in sedimentary basins, depleted oil and gas fields, as well as deep mineralized aquifers. The implementation of such projects will contribute to the decarbonization of production and to fulfilling the European Union’s requirements for reducing greenhouse gas emissions.
"Initiating cooperation with Baker Hughes enables us to begin systematic work on preparing geothermal energy and decarbonization projects in Ukraine. We aim to create favorable conditions for the development of infrastructure, attracting investment, and shaping new directions in the field of sustainable energy," said Viktor Novikov, Chairman of the Board of NAK "Nadra of Ukraine".
The beginning of this cooperation is an important step toward the development of low-carbon technologies and the strengthening of Ukraine's energy independence. Leveraging the experience and technologies of an international partner will contribute to the effective implementation of innovative projects in geothermal energy and CO₂ storage, aligning with the country’s European course toward sustainable development and EU integration.