On Wednesday, June 10, the Cabinet of Ministers of Ukraine signed a “Memorandum of Understanding on the settlement of problematic issues in the field of renewable energy.”
The document was signed by: Prime Minister of Ukraine Denis Shmygal, Acting Minister of Energy and Environmental Protection of Ukraine Olga Buslavets, officials of the European-Ukrainian Energy Agency and the Ukrainian Wind Energy Association.
The document stipulates that RES producers accept the terms of voluntary restructuring of “feed-in” tariffs, which provides for their reduction. In particular, for all electricity facilities that produce solar energy, tariffs are expected to be reduced by 15%, for facilities that generate electricity from wind energy – by 7.5%.
For its part, the Ukrainian government is committed to taking all measures to ensure timely and timely payment of the Statement “Guaranteed Buyer” and repayment of existing debts to RES producers who have accepted the terms of the restructuring.
The Ukrainian authorities are also committed to setting and approving annual quotas in support of green energy and ensuring that auctions are held to allocate such quotas.
In addition, according to the Memorandum, the responsibility of RES producers for unbalanced electricity production is increasing. RES manufacturers also accept the terms of limiting the commissioning of new facilities at a “green” rate. Thus, from August 1 this year, new solar power plants with a capacity of more than 1 MW will be able to be commissioned with state support only by participating in auctions.
“We are in favor of building green energy and over time, such energy was the most widespread, as the cleanest. But it is important to us how much it will cost. If the price of electricity produced at the new SES is determined at auctions, there will be no high tariff, “the Prime Minister explained, expressing confidence that other investors and producers will join the first two green energy associations.