The Cabinet signed a Memorandum with the producers of “green” electricity

Кабмин подписал меморандум с производителями "зеленой" электроэнергии

The tariff for solar energy will drop by 15%, electricity from wind energy – 7.5%.

The Cabinet of Ministers on Wednesday, June 10, signed the “Memorandum of understanding on the settlement of problematic issues in the field of renewable energy”.

The document was signed by Prime Minister of Ukraine Denis Shmyhal, acting Minister of energy Olga Bukovec, the responsible person of the European-Ukrainian energy Agency and Ukrainian wind energy Association, informs a press-service of the Cabinet.

The Memorandum envisages that the RES producers accept the terms of the voluntary restructuring of “green” tariffs providing for their reduction. In particular, for all electric power facilities that produce solar energy provides a reduction of tariffs by 15% for the objects producing electricity from wind energy – 7.5%.

For its part, the Ukrainian government is obliged to take all measures to ensure the timely payment of the current GP “Guaranteed buyer” and repayment of existing debts to producers of renewable energy who accepted restructuring terms.

Ukrainian government also is obligated to determine and approve the annual quotas of renewable energy support and provide for the conduct of auctions for the allocation of such quotas.

In addition, in accordance with the Memorandum, there is a growing responsibility for RES producers for unbalanced power generation. Also, the RES producers accept the terms in the limitation of commissioning of new facilities on “green” tariff. So, from August 1 this year, a new solar power plant of over 1 MW can be commissioned with the receipt of government support only through participation in the auctions.

“We would like to build green energy and such energy was more widespread, as the most pure. But it is important, how much it will cost. If the price of electricity that will be produced at the new SES will be determined at the auction will not be high tariff,” – said the head of government

Denis Shmyhal expressed confidence that the first two associations of “green” energy will join other investors and manufacturers.

The government

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