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the government changed the procedure for holding “green” auctions

The Cabinet of Ministers adopted a resolution that will improve the procedure for holding “green” auctions for the construction of renewable energy facilities, taking into account European standards and practices.

This is reported Ministry of Energyreports Ukrinform.

“The document will improve the procedure for conducting “green” auctions for the construction of renewable energy facilities, taking into account European standards and practices. The auction procedure will become more flexible, transparent and efficient. It makes it possible to reduce the price of “green” electricity on a competitive market basis, allows the state to regulate the volume of commissioning of new capacities with renewable energy sources, their types (SPP / WPP / biomass) and location in accordance with the capabilities and needs of the energy system,” the Ministry of Energy noted. .

In particular, the resolution introduced a schedule for holding auctions for the next year and setting indicative quota indicators for 4 years. It also provides for the possibility of forming additional quotas in case of intensification of certain market segments and an increase in requests from investors.

According to Minister of Energy German Galushchenko, the introduced changes will ensure the predictability of the renewable energy market, which will enable long-term planning for investors.

Read also: Ministry of Energy has increased the size payments electricity producers at the “green” tariff

As reported, the Ministry of Energy has established a new procedure for distributing funds for electricity producers from alternative sources for the period of martial law. Now the Guaranteed Buyer State Enterprise will distribute all the funds received from the sale of electricity generated from alternative sources among electricity producers under the “green tariff”.

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