10:38 25.07.2019

Renewable energy resources associations appeal to president due to court's cancelling tariffs for Ukrenergo

1 min read
Renewable energy resources associations appeal to president due to court's cancelling tariffs for Ukrenergo

The Bioenergy Association of Ukraine (BAU), together with the associations uniting the leading producers of electricity from renewable energy sources, have addressed President of Ukraine Volodymyr Zelensky regarding the situation with the payment for purchased electricity from alternative sources at a feed-in tariff.

According to the press service of the BAU, the decisions of the Kyiv District Administrative Court to suspend the decisions of the National Commission for Energy, Housing and Utilities Services Regulation (NCER), which set tariffs for electricity transmission for Ukrenergo, will lead to non-payments to producers of electricity from renewable sources.

The letter also emphasizes that the decision of the Kyiv District Administrative Court to satisfy the claim of Nikopol Ferroalloy Plant to secure the claim against the NCER will lead to a halt in building new renewable energy facilities, a failure to comply with the obligations to financial institutions. In addition, it will damage the investment attractiveness of Ukraine and freeze the development of the renewable energy industry.

"We are asking to support the strategic development of the renewable energy industry in Ukraine and prevent the deterioration of the investment climate due to the violation of the guarantees provided by the state," the letter reads.

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