Ukraine

Ukraine

Wind tariffs raised

The Ukrainian parliament has tweaked the details of a recently established market structure for the purchase of wind and other renewable energies, increasing the government mandated purchase price for production from wind stations with a rated capacity larger than 2 MW. According to the new law, electricity produced by wind farms of this size will be paid 2.1 times more than the broad price of electricity to consumers in Ukraine. The Ukrainian Wind Energy Association says this corresponds to a rate of EUR 0.1131/kWh, high by other European standards, and will run until 2030. Previously, the rate had been set at exactly double the retail electricity price and was limited to a period ten years. The modified Ukrainian law sets different rates for different renewables and a lower rate for small wind plant. Wind plant with rated capacities of less than 600 kW will get 1.2 times the retail electricity rate, while those from 600 kW to just below 2 MW will get 1.4 times the rate.

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