MEASURES TO SUPPORT RENEWABLE ENERGY IN UKRAINE

Keywords: renewable energy sources, renewable energy, preferential tariff, electricity market, auction system, auction price, support quota, green tariff rates, promising support mechanisms.

Abstract

The purpose of the article is to identify measures to promote the development of renewable energy in Ukraine. The sequence of creation of preferential rates of tariffs for electricity RES according to the legislation of Ukraine is given. It should be taken into account that the Law of Ukraine "On Alternative Energy Sources" is a basic mechanism for supporting the system of "green" tariffs. The state undertakes to purchase all electricity produced by RES projects at a fixed rate, which in Ukraine is also pegged to the euro. Thus, an investor in renewable energy can build a sound financial model of the project and be confident in the return on their investment over the long term. The article substantiates the introduction of a system of "green" auctions as a state scheme of support for RES projects instead of the existing "green" tariffs. Auctions allow you to attract private investment (domestic and foreign) through clear and transparent processes. The functions of the state enterprise for performance of the guaranteed purchase of the electric power from RES according to market conditions in Ukraine are defined. The main organizational advantages of investor participation in the system of "green" auctions are given. The direction of the Law of Ukraine N 810-IX adopted in 2020 is to reduce the rates of "green" tariffs, which threatens the country's transition to sustainable development and fulfillment of its international obligations. The action of this Law postpones the construction of most of the new projects. Despite this, systems of "green" tariffs and "green" auctions remain the main form of state support for renewable energy in the country. Currently, according to the results of state support, the installed capacity of generating facilities on renewable energy sources is about 8700 MW. In April 2021, they generated 1020 million kWh of electricity, which is 8.3 percent of Ukraine's electricity consumption. The Ukrainian power system has already recorded cases when more electricity was generated per day from renewable sources (including large hydropower plants) than from all thermal power plants and thermal power plants in Ukraine combined. Ref. 11, tabl. 1, fig. 5.

Author Biography

V. Khilko, Institute of Renewable Energy of the National Academy of Sciences of Ukraine, 02094, 20А Hnata Khotkevycha St., Kyiv, Ukraine.

hilko.jpgAuthor information: Research officer of the Institute of Renewable Energy of the NAS of Ukraine.
Education: Kyiv’s Technological Institute of Light Industry on Electrical Engineering and Automatics Faculty.
Research area: renewable energy, economic analysis, power supply.
Publications: 39 publications.

References

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Published
2021-09-30
How to Cite
Khilko, V. (2021). MEASURES TO SUPPORT RENEWABLE ENERGY IN UKRAINE. Vidnovluvana Energetika, (3(66), 6-17. https://doi.org/10.36296/1819-8058.2021.3(66).6-17
Section
Complex Problems of Power Systems Based on Renewable Energy Sources