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30.05.2017

Pure Experience in Onshore Wind Energy

The issues related to the successful implementation of the wind power project, namely: the study of wind potential, the forecasting of electricity generation at wind farms, as well as financing opportunities were discussed at the workshop “Pure Experience In Onshore Wind Energy”. The workshop organized by DNV GL and UWEA was successfully held on 29 May 2017 in Kiev.  DNV GL representatives (the company provides consulting services at all phases of wind project) highlighted the most common mistakes associated with the development, construction and operation of the wind farms. More than 60 participants had an opportunity to learn how to avoid and solve the most common mistakes.  “In a challenging world we make businesses better prepared”, stressed Marek Roszak, Head of Renewables Advisory Section in Poland, DNV GL. “Carrying out a proper measurement campaign helps to significantly reduce the uncertainty of the energy yield prediction. This allows to secure the...

15.05.2017

UKRGASBANK AND THE UWEA SIGNED A MEMORANDUM OF COOPERATION AND PARTNERSHIP

Memorandum of cooperation and partnership between the UWEA and the JSC “Ukrgasbank” aimed at developing energy efficiency and “green” electricity generation in Ukraine was signed on 26 April 2017. Main areas of cooperation include join information campaigns, implementation of joint energy efficiency and “green” energy projects. In May 2016, the International Finance Corporation and Ukrgazbank signed a Cooperation Agreement aimed at facilitating access to finance for companies willing to introduce renewable energy and energy saving technologies. Since the start of mutual project with IFC the Bank carried out nearly 20 “green” energy projects with total installed capacity of 115 MW. Ukrgasbank is the first Ukrainian bank that started funding wind energy projects. Thus, in December 2016 the bank published on its website information on funding a wind energy project for construction of 70 MW Novotroitskiy wind power plant, which is implemented by company Vindkraft Tavria...

14.04.2017

New Bill on Electricity Market

On 13 April 2017 the Ukrainian parliament adopted a bill No. 4493 On Electricity Market of Ukraine. The bill paves the way for the full implementation of the third EU energy package requirements in the national electricity sector. It also provides for two years transition period for implementing completely new for Ukraine market segments – day-ahead market (indicative market prices), intraday market, bilateral contracts market, balancing and ancillary services markets. With respect to renewables, the Electricity Market Draft Law introduces responsibility of the respective producers for the hourly imbalances  at the day ahead market where they will sell electricity at “green” tariff. It is planned that the responsibility for solar and wind will be introduced gradually with increase by 10% annually starting with 2021 until 2030 with 20% tolerance for wind, 5% tolerance for small hydro as well as 10% tolerance for solar. It also envisages the possibility of signing preliminary...