Feed-in tariffs cut justified – Vovk

newsHead of the National Commission of Ukraine for Energy, Housing and Utilities Services Regulation (NCER) Dmytro Vovk has said that the decision of the regulator to revise feed-in tariffs downwards, taking into account the history of the approval of the tariffs and the present economic crisis, is justified.

Vovk said that the concept was taken from the conditions of developed countries where, with a fair price formation, the share of power transmission is 40% and the share of generation is 60% of the structure of the end tariff (while in Ukraine it is 15% and 85%).

All these were to comment the Draft Law #2010 (in Ukrainian).

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