WIND POWER SECTOR OF UKRAINE: THE FURTHER DEVELOPMENT ON MARKET CONDITIONS
Wind energy is a frontrunner of the global «green» energy transition and wrestler against climate change, which demonstrates its strong resilience to the current global challenges including COVID-19 pandemic. Its impossible to fulfil any international commitments as well as to achieve the national climate and energy targets without a clear state energy policy and effective RES support schemes. Current global policy instruments to support renewable energy in general, and wind energy in particular, include regulatory policies, fiscal incentives and public support. All these instruments are used by States in line with their energy capacity, political maturity and economic development. According to the current national legislation, new wind projects put into operation after 2022 are not subject to get a «green» tariff. So the next logical step in the development of Ukraine’s carbon neutral economy and the wind industry as well is the transition from «green» tariff to market conditions. Given the Ukrainian political environment, such alternative RES support schemes as «green» certificates, Feed-in premiums, Contract for difference, auctions, corporate PPAs and guarantees of origin are considered as the most preferable for current RES market. Thus, the Ministry of Energy of Ukraine has already taken the first step and in August 2021 presented the Draft Law “On Amendments to Certain Laws of Ukraine on Stimulating the Production of Electricity from Alternative Energy Sources Under Market Conditions” which stipulates for new support scheme for producers of RES electricity namely Feed-in-Premium (or contract for difference). In addition to the above mentioned alternative RES support systems, market players also explore Ukraine’s offshore wind power potential as well as the prospects of «green» hydrogen, which will become an integral part not only of the market-based RES sector but also of job creation, development of national manufacture and a "green" economy as a whole. Bibl. 3, table 2.
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