Authorization
Year 2020 has been the most difficult years in the history of Ukraine's renewable energy sector being marked with following challenges: record debts to RES producers, frequent changes in RE legislation, reduction of the “green” tariff rates, difficult financial situation of the SE “Guaranteed Buyer” and NPC “Ukrenergo”, failure to comply with obligations undertaken by the Government under the Memorandum of Understanding including Government ‘s failure to fulfil provisions of the Law No 810-IX, constitutional petition of 47 MP’s of Ukraine on declaring unconstitutional the legislative provisions of the “green“ tariff Law and constant political pressure on the industry.
On December 17, 2020 four leading Renewable Industry associations – Ukrainian Wind Energy Association, Solar Energy Association of Ukraine, Ukrainian association of Renewable Energy and European-Ukrainian Energy Agency summed up the situation in the renewable power market of Ukraine in 2020 at the joint press-conference “2020 – а year of survival for the green energy industry in Ukraine. What to expect in 2021?” Heads of the associations commented on the state's fulfilment of its commitments to resolve the crisis in the renewable energy sector and projected wind and solar developments in 2021. Timur Bondaryev, Founding and Managing Partner, Attorney at Arzinger Law Firm highlighted situation around the constitutional petition of 47 MP’s of Ukraine
“The negotiations between RE investors and the Government of Ukraine which lasted for 8 months, finally resulted in the signing of a Memorandum of Understanding and adoption of the Law of Ukraine No 810-IX”, mentioned Andriy Konechenkov Chairman of the UWEA Board.
“Despite this, the market is still unbalanced and political decision-making process is quite chaotic and completely inconsistent. “Today” we have reached agreements and RE generators voluntarily agreed on “Green” tariff ‘ rates reduction, we are voluntarily loosing our profits and undertake a number of additional obligations, while “tomorrow” the Government fails to pay for “green” electricity delivered to the grid, we have been waiting for debts to be repaid and actually we have been fighting for each bill to be developed and approved by the Parliament, though the government’s commitments to credible payment policy for “green” electricity have been clearly spelled out by the Memorandum of Understanding. And finally, we have to prove “constitutionality” of the “green” tariff laws”, summarized Andriy Konechenkov.
The heads of the leading associations unanimously agreed that renewable energy development in 2021 remains difficult to predict. The future will very much depend on political will and decision-makers' desire either to learn the lessons or to make mistakes.
Recording: https://www.youtube.com/watch?v=dZLlnxhiQ3Q&t=25s
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