Foreign investors ask the authorities to prevent the bankruptcy of Ukraine’s green energy industry, Kostyantyn Kryvopust

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Investors are asking to ensure the adoption of draft law No. 8191 as soon as possible

The largest associations in the field of renewable energy of Ukraine called on the President of Ukraine, People’s Deputies of Ukraine and the government to solve the problems of the RES industry as soon as possible, which have accumulated over the past years, and on the solution of which the “green” energy transition announced by the government depends.

This is stated in joint letter a number of renewable energy associations.

In particular, they ask for the earliest possible adoption of draft law No. 8191, which proposes to extend the previously valid conditions for investors to complete green power plants.

In addition, support changes to the legislation that will allow producers to restore renewable energy facilities in the shortest possible time and with the use of modern equipment and produce electricity under acceptable conditions.

“Ensure the revision and establishment of the tariff for electric energy transmission services from the second quarter of 2023 at a level that will cover all the necessary reasonable costs of the NEC Ukrenergo, in particular, for the payment of the service for ensuring an increase in the share of electric energy production from alternative energy sources.” – the letter says.

Investors also called on the authorities to ensure settlements with RES producers for the released electricity at the “green” tariff and for the load reduction service.

“We emphasize that the RES sector does not need additional financial support or subventions from the state, but strives to receive those funds for the supplied electricity, which are provided for by the current legislation of Ukraine. Investors and operators of RES stations expertly understand the opportunities of the sector to face the energy crisis and strive to strengthen Ukraine’s energy security and create a new energy future,” the four associations said in a joint letter.

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