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08.11.2016

OCHAKOVSKIY WIND POWER PLANT HAS RECEIVED 10 % BONUS TO THE “GREEN” TARIFF

At its open meeting on 7 November 2016 the National Energy and Utilities Regulatory Commission established a 10% premium to the “green” tariff for the use of equipment of Ukrainian origin at the first starting complex of a wind power plant Ochakovskiy (the first phase of Dmitrovskiy wind park). Ochakovskiy wind power plant located in Mykolaiv region is a part of Wind Parks of Ukraine group.
Such decision on establishing a bonus to the “green” tariff was made by the national regulator for the first time since introduction of the corresponding provision in the Ukrainian RE laws in 2015. Remarkable is also the fact the company met required 50% of the domestically manufactured equipment and received a maximum 10% bonus. 

Premium to “green” tariff was introduced in Ukraine the Law of Ukraine “On Introduction of Amendments to Some Laws of Ukraine Regarding Ensuring Competitive Conditions of Electricity Production from Alternative Energy Sources”. Instead of “local content” requirement, with the purpose to support national producers the Law provides for the Premium to “green” tariff for utilization of equipment, produced in Ukraine at WPPs commissioned from 1 July 2015 till 31 December 2024. The premium rate constitutes 5% provided level of Ukrainian-produced equipment usage is 30%, and 10% premium provided 50% of usage accordingly. At the same time, such premium does not apply to electricity produced by private households. This premium to the “green” tariff is set by NEURC and shall apply for the duration of “green” tariff.