The bill Gerus strike on renewable energy – media

Законопроект Геруса нанесет удар по возобновляемой энергетике, - СМИ

The bill of the head of the energy Committee of the Verkhovna Rada Andriy Gerus strike on “green” energy and threatens Ukraine with claims of investors in international arbitration

According to the Business capital, this is referred to in the material Business.Media “Gerus doesn’t want to sweep Khreschatyk”.

The author reports that on October 16 the parliamentary Committee on energy, headed by Andrew Gerus, approved the controversial bill No. 2236-2 “On amendments to the Law of Ukraine “On electricity market”. In addition to legislative recognition of the possibility of electricity imports from Belarus, but actually from Russia (since Belarus has a surplus of electricity), it is also proposed to cancel the guarantee of purchase of electricity for solar and wind power stations with a capacity of over 150 MW. What would be a blow for the renewable energy sector of Ukraine. According to the author, the bill immediately provoked a powerful negative response from the European partners of Ukraine, representatives of international financial organizations, as well as energoexpert.

“The first responded on the activity of the head of the parliamentary Committee at the European Bank for reconstruction and development (EBRD). It was recalled that the countries that retrospectively revised “green” tariffs received claims in international arbitration and lost. “Payments for international arbitration would exceed the amount that they now save. So what’s the point even from the point of view of calculations to do?” the banker said of the Department of electricity, EBRD Olga Yeremina”, — reports the edition.

Not less categorical estimation followed by industry associations “green” power. Thus, the European-Ukrainian energy Agency (EUEA) said that the draft law initiated by Gerus, will mean a retrospective change in the guarantees of “green” tariff that violates the rights of foreign investors, threatening the successful completion of renewable energy projects currently under construction, violates the international commitments of Ukraine not to apply retrospective changes to investors. And the head of the Association of energy of Ukraine Alexander Trohimets emphasizes that the bill will lead to losses in the energy sector and threatens Ukraine’s European integration.

At the same time, the author notes that the government’s position different from the position of the head of the energy Committee. In particular, the Minister of Economics Tymofiy mylovanov after a meeting with the leadership of the EBRD on his page in Facebook wrote that changes the “green” tariff will not, because it is important for Ukraine not to change the rules.

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“From this we can conclude that unity in a position of authority on this question is no. Who would win in a fight to predict not yet taken one. It is obvious that the final point in the discussion, the Verkhovna Rada will put that in voting for the bill No. 2236-2 will have to take political responsibility for the choice of vector of development of the Ukrainian energy sector,” predicts the author.

We will remind, the Ukrainian legislation and its international obligations are guaranteed the preservation of “green” tariffs at a constant level until 2030 with the aim of stimulating investment in the production of electricity from renewable sources.

Earlier, the Chairman of the Board of Ukrainian wind energy Association Andriy Konechenkov said that retrospective viewing of “green” tariffs will provoke lawsuits from companies who received them under the law, and also adversely affect the development of “green” energy in Ukraine and the investment climate in General.