| Ukraine adopts Green Tariff |
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| Thursday, 25 September 2008 | |
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Ukrainian Wind Energy Association (UWEA) welcomes the adoption of
feed-in tariffs in Ukraine. Today, on 25 September 2008, the Law “On
Amendments to the Laws of Ukraine “On Electricity” and ”On Alternative
Sources of Energy” was approved by Verkhovna Rada of Ukraine (359
parliamentarians out of 426 registered in the Hall of Session said
“Yes” to “green” tariff in Ukraine). According to the law “Green” tariff is “a special tariff for electricity generated at the power plants with use of alternative energy sources (except blast-furnace and coking gases; concerning hydro energy plants - at the SHPP with capacity less 10 MW)”. The Law obliges wholesale electricity market of Ukraine to purchase electricity generated at the power plants with use of alternative sources of energy through special “green” tariffs which are to be adopted by the National Electricity Regulatory Commission of Ukraine. “Green” tariffs are available for 10 years period. Meanwhile Ukrainian Wind Energy Association hopes that the appropriate methods for calculating renewable energies “green” tariffs will be developed and considering the successful experience of wind technologies development gained by the acknowledged world leaders – Germany, Spain, Denmark , the “green” tariffs validity period will be prolonged for 15-20 years. Such decisions that ensure fruitful investment attraction will make renewable energy market of Ukraine favorable and attractive for investors. According to WWEA modern wind industry with global installed capacity of about 100 000 MW, generates nowadays more than 200 bln kWh per year, equalling 1,3% of the global electricity consumption, while in some countries wind energy contributes to 40% and more. The wind industry employs today 350.000 people worldwide. Adoption of “green” tariff in Ukraine has made a significant step forward for strengthening energy security and independence of Ukraine, sustainable economic development of the country. Transition of national energy sector towards local renewable energy sources will improve the energy supplies of these regions and directly contribute to their fast economic and social development. Ukraine with one of the best wind energy potential in Europe finally has got a chance to use it. Renewable energy is a key tool to solve problems related with current ever growing deficit of energy carriers; renewables give us a real possibility to combat climate change on the planet. Andriy Konechenkov, Chairman of the Board, Ukrainian Wind Energy Association, |
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