Sun, wind, and land auctions: legislative changes and new rules of the game in the energy sector for investors
Sun, wind, and land auctions: legislative changes and new rules of the game in the energy sector for investors
Solar and wind generation remain one of the most promising areas for investment. However, the market is gradually shifting from a model of rapid growth to professional competitive development. In these conditions, the ability to adapt to new market rules is becoming a key asset for investors.
A key marker of this transition is the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine Regarding the Improvement of the Functioning of Energy Markets, Competitive Conditions for Electricity Production from Renewable Energy Sources, and Strengthening Energy Resilience." This article describes the key changes introduced by the said Law, how they will affect RES (Renewable Energy Sources) projects, and the practical aspects of its implementation for market participants.
Read more in the article by EVERLEGAL lawyers and experts from the ECO-OPTIMA Group for Yurydychna Gazeta via the link.
In Focus:
- From "Feed-in Tariff" to a competitive market model
- Energy Storage receives a separate status within the support system
- Escrow accounts as an alternative to bank guarantees
- Stricter responsibility for failure to implement projects
- New rules regarding guarantees of origin for electricity
- Flexible grid connection and a new logic for network development
- RES generation for self-consumption and related parties: new business opportunities
- Land as a project's primary asset
Experts from EVERLEGAL: Lesia Baginska, Associate, and Iryna Udodenko, Associate.
Experts from ECO-OPTIMA Group: Mariia Prokhorchuk, Deputy Director for Electricity Market Affairs, and Mariia Lopushanska, Ecologist.
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