On 17 December 17 2018, UNIAN (Kyiv) hosted a press conference on the early adoption of the draft law No. 8449-d (a compromise version of seven alternative draft laws) on the transition from the “green” tariff to a new system of renewable energy support through the introduction of the auction mechanism since 2020.

Leading associations and the stakeholders of the Ukrainian renewable energy market expressed their concern about the current situation, which may negatively affect the further development of “green” energy and the Ukraine’s intention to strengthen its energy independence.

Following the introduction of the “green” tariff system in Ukraine, the number of grid-connected renewable energy capacities increased to 2 GW, investments in the national RE sector to 1.4 bln euros. However, the situation could be significantly if a new RE support system is not introduced in the country.

During 2018, Ukrainian MPs prepared a draft law No. 8449-d, which provides for changes in the methodology for stimulating renewable energy and transition to the auction model. It is intended to apply the best European practices in the Ukrainian reality. The draft law on introducing action system has been approved by the relevant committee of the Verkhovna Rada, but has not been considered by the parliament so far.

Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk noted that the transition to the auction system would contribute to the sustainable development of the industry and reduce the cost of "green" energy for end- users. “The bill will not only strengthen the development of renewable energy, but also make this development sustainable and cheaper. The current “green” tariff system has already played its role in launching “renewable” energy market in the country”. Savchuk said.

“Uncertainty with transition to a new support model for electricity from renewable energy sources worsens the investment climate in Ukraine. It's time to urgently adopt the relevant changes in legislation”, stressed Andriy Konechenkov, Chairman of the UWEA Board, Vice-President of WWEA.

The State Agency on Energy Efficiency and Energy Saving of Ukraine, the Ukrainian Wind Energy Association and the Ukrainian Renewable Energy Association signed an appeal to the Verkhovna Rada with a request to consider the draft law No. 8449-d and to sustain growth and development of renewable energies in Ukraine.

The list of press conference speakers includes: Andriy Konechenkov, Chairman of the UWE Board; Serhiy Savchuk, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine; Konstantin Chizhik, Deputy Chairman of the National Investment Council Office; Oleksiy Orzhel, Chairman of Ukrainian Association for Renewble Energy; Maksym Sysoev, Co-Chairman of the European Business Association Fuel and Energy Committee; Yaroslav Petrov, Co-Chairman of the European Business Association Fuel and Energy Committee.