Authorization
On 25 July 2018 the Preparatory meeting of the working group on drafting new support system for Renewable Energy was organised by the Verkhovna Rada Committee on Fuel and Energy Complex, Nuclear Policy and Nuclear Safety. The relevant draft bills registered in the Verkhovna Rada (No.8444, No.8444-1, No.8444-2, No.8449-3, No.8449-4, No.8449-5, No.8449-6 and No8449-7) were discussed by the participants. The meeting was attended by PMs of Ukraine, representatives of the Central Executive Authorities, the EBRD and JSB UKRGASBANK, industry associations and law firms actively involved in the renewable energy market of Ukraine. As noted by Olexandr Dombrovsky, MP, First Deputy Chairman of the Committee on Fuel and Energy Complex, Nuclear Policy and Nuclear Safety at the opening of the meeting, it’s planned to agree on a general concept of changes in the RE support system in Ukraine by early September 2018. In particular, Olexandr Dombrovsky noted that the current RE support model in...
Open Meeting of the UWEA Board devoted to introduction RE auctions in Ukraine took place on 4 July 2018 in Business Conference Hall IVERIA. Considering the immense implications of the auctions system for the renewable energy market in Ukraine and wind sector in particular, a decision was made to hold an Open Meeting of the Board with both the UWEA’s members and representatives of other non-governmental organizations and mass media. The UWEA's legal experts Maksym Sysoev, Counsel at Dentons law firm, Yaroslav Petrov, Partner at Asters law firm, and Svitlana Teush, Counsel at Redcliffe Partners law firm, presented the key provisions of the draft laws. During the discussion the participants paid special attention to such issues as: PPA, bank guarantee, grounds and procedure for extending the deadlines set for the wind farm to be commissioned, contracts for difference and PPA, grid connection contract, quotas, auctions' terms and procedure. Issue related to responsibility for...
Оn 23 June 2018, the Odessa State Regional Administration and two wind power companies, namely Ukraine Power Resources and Yuzhne Energy (Southern Energy), signed a Memorandum of Cooperation aimed at implementing two wind power projects in the Limanskiy district, Odessa region. The total investments amount to 270 mln euros. The company with American investors is planning to construct 120 MW wind farm while a developer from Lithuania – 72 MW wind farm. Both companies are full members of the Ukrainian Wind Energy Association.
On 15 June 2018 the Ukrainian National News Agency Ukrinform, Kiev, hosted a presentation of the book “VIVAT, Ukraine!” which contains articles devoted to the outstanding personalities in a wide variety of industries in Ukraine. Andriy Konechenkov, Chairman of the UWEA Board, Vice President of WWEA, became a member of the All-Ukrainian Program “The Gold Fund of the Nation. VIVAT, Ukraine!” Ukrainian Confederation of Journalists launched the book “VIVAT, Ukraine!” on the occasion of the 10th anniversary of the All-Ukrainian Program “The Golden Fund of the Nation”. “The European Parliament proclaimed the year 2018 as the International Year of Cultural Heritage in Europe. That is why the publication is complemented by the section “Heroes of Ukraine”, most of which are worthy representatives of the cultural and artistic elite of Ukraine ", said the event moderator, People's Artist of Ukraine Yaroslav Boruta. In his address to the audience Andrei Konechenkov thanked...
On 14 June 22018 Redcliffe Partners and Clifford Chance hosted a high-profile gathering of green energy professionals, policy-makers, institutional investors and commercial banks to discuss various opportunities in the renewables sector in Ukraine, including attracting financing for the renewable projects. The Conference was addressed by Sergiy Savchuk, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine, Dmytro Kovalenko, newly elected Member of the National Commission for Energy, Housing and Utilities Services Regulation (NCER), Andrіy Konechenkov, Chairman of the Ukrainian Wind Energy Association, Vice President of WWEA, Michael Bno-Airiyan, International Cooperation Officer of NEC Ukrenergo, representatives of EBRD and Ukrgasbank, as well as and leading lawyers from Redcliffe Partners and Clifford Chance and Renewable Energy Market Experts participated in the event. In his presentation, Sergiy Savchuk, Head of the State Agency on Energy Efficiency and...
From niche technology, wind energy is now a global success story. The wind industry provides 260,000 quality high-skilled jobs in Europe. On a global scale, that figure is now 1.15 million. Today is Global Wind Day, an opportunity for citizens around the world to learn more about and show their support for wind power. It's also an opportunity for companies to showcase their technologies and contributions to local economic development and job creation at a more grass roots level. The wind supply chain is benefitting regions across the globe, including economically less-advantaged ones. Citizens are benefitting from shared ownership of wind farms. Wind farms are also contributing to local economic activity through the taxes they pay to local governments. Wind energy is providing the world with clean, affordable power. After a record year of wind installations in 2017, Europe has an installed capacity of 169 GW. Wind now provides 12% of Europe's electricity and 44% in Denmark and 22%...
This is a significant improvement over the target of at least 27% the European Commission tabled in November 2016. Dramatic progress in recent years on the competitiveness of renewables notably cost reductions in onshore and offshore technologies were a major driver for higher ambition at EU level. The Renewables Directive sets out concrete measures to underpin the delivery of the target. The Directive will provide rules on the design of support mechanisms aimed at providing investor certainty. Member States will be allowed to have technology-specific auctions and will have to provide at least five years visibility on public support, including the timing, volumes and budget for auctions. The Directive also includes an investment protection clause preventing retroactive policy changes from impacting existing renewable energy projects. Permitting procedures for new and repowered installations will be simplified with shorter deadlines for swifter build-out. WindEurope expects the...
On 12 June 2018 Vilnius, Republic of Lithuania, hosted the Symposium on the Electricity Market for Central and Eastern Europe initiated by the Energy China Corporation. Energy China Corp. is one of the largest comprehensive solutions providers for the power industry in China and globally and strongest within the Fortune 500 list of companies worldwide. The Symposium focused on international cooperation and future power market prospects for Central and Eastern European region. The representatives of Energy China Corp, the Lithuanian Energy Vice Minister Lina Sabaitienė, Economy Vice Minister Elijus Čivilis, the World Wind Energy Association vice-president and chairmen of the UWEA Board Andriy Konechenkov, Head of Lietuvos Energija Darius Maikštėnas and other energy experts addressed participants. Symposium guests were welcomed by China Energy Engineering Group Co.Ltd Energy China Corp. Chairman Jianping Wang who expressed his hope that the Symposium would resulted in...
The Verkhovna Rada of Ukraine yesterday, on 7 June 2018, registered a bill № 8449 “On Amendments to Some Laws of Ukraine on Ensuring Competitive Conditions for the Production of Electricity from Alternative Energy Sources”. The bill was developed by 17 deputies representing 5 Committees of the Verkhovna Rada. Text of the bill is available at: (http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_1?pf3511=64170) The bill provides for the introduction of auctions to stimulate the electricity generation from renewable energy sources. On June 7 2018 the press center of the Interfax-Ukraine news agency hosted a press conference devoted to a new system for supporting renewable energy in Ukraine. Acting Chairman of the Verkhovna Rada Committee on Fuel and Energy, Nuclear Policy and Nuclear Safety MP Oleksandr Dombrovsky, Chairman of the Subcommittee on Electricity and Energy Transportation of the Verkhovna Rada Committee on Fuel and Energy, Nuclear Policy and Nuclear Safety,...
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