Featured Galleries CLICK HERE to View the Video Presentation of the Opening of the "Holodomor Through the Eyes of Ukrainian Artists" Exhibition in Wash, D.C. Nov-Dec 2021 USUBC COLLECTION OF OVER 160 UKRAINE HISTORIC NEWS PHOTOGRAPHS 1918-1997 "HOLODOMOR 1932-33: THROUGH THE EYES OF UKRAINIAN ARTISTS" - COLLECTION OF POSTERS AND PAINTINGS USUBC COLLECTION OF HISTORIC PHOTOGRAPHS ABOUT LIFE AND CAREER OF IGOR SIKORSKY PHOTOGRAPHS - INVENTOR OF THE HELICOPTER Ten USUBC Historic Full Page Ads in the Kyiv Post
Ukraine takes legislative steps to improve green energy landscape – guarantees of origin for renewables and clearer procedure for renewable energy auctions
Dentons, Kyiv, Ukraine
March, 2024
Dentons is a member of U.S.-Ukraine Business Council
Please find below information about some recent legislative initiatives and updates that could be of interest for investors in renewable energy sources and energy projects in Ukraine. The changes represent another step towards the development of green energy in Ukraine and is aimed at implementing amendments set forth in Law of Ukraine No. 3220-IX dated June 30, 2023 On introduction of changes to certain laws of Ukraine as to recovery of energy safety and green transformation of the energy system of Ukraine (the “Law”). Procedure on implementation guarantees of origin for renewablesGeneral informationOn February 27, 2024, the Cabinet of Ministers of Ukraine (the “CMU”) adopted Resolution No. 227 On the introduction of guarantees of origin of electricity generated from renewable energy sources, which took effect on March 5, 2024. It replaces previously existing secondary legislation on GOs (which never really worked in practice) and sets out the procedures for establishing a regulatory framework for guarantees of origin for electricity generated from renewable energy sources (GOs), in particular, the following procedures: |