Lawyer named steps that will contribute to the development of green energy.

Logo of green energy on a white background
Logo of green energy on a white background

The state supports investors in green energy

Olga Savchenko, partner of the law firm 'Altelo', noted that Ukraine needs to continue supporting investors in green energy until 2025. According to her, the country lacks mechanisms that guarantee the return of invested funds, such as long-term contracts with consumers. The existing mechanism of 'green' auctions does not encourage investors due to distrust of creditors and issues with debts in the electricity market and regulation by state authorities.

Savchenko suggests focusing on creating mechanisms that guarantee the return of invested funds by 2025. She proposes changing the mechanism of 'green' auctions, increasing the support quota, and creating a non-governmental fund that guarantees a minimum price for renewable energy projects. She also suggests integrating the electricity markets of Ukraine and the EU, settling debts in the balancing and ancillary services market, as well as ensuring the stability of energy support mechanisms.

It is recalled that the Ukrainian Wind Energy Association reported an improvement in the debt situation and expects full payment from the state to accelerate the construction of new power plants.


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