5The draft law on postponing the new energy market for 3 month is registered.

Parliament members Oleksandr Dombrovsky and Lev Pidlisetskyy registered draft law #10318 dated May 22, 2019 on the postpone of the start of the new electricity market for three months; to give authority to NEURC to set price caps during 12 month in different market segments: day-ahead market, intra-day, balancing and market bilateral agreements.

Read more: http://bit.ly/2HxMKjm

Official text of the Law on the introduction of a system of auctions in the RE

Earlier this month the Law “On Amendments to Some Laws of Ukraine on Ensuring Competitive Conditions for the Production of Electricity from Alternative Energy Sources” was signed by President Poroshenko.

The new law shifts to the new support system for RES projects to an auction system. So RES projects that will be supported for 20 years are identified in competitive way.  The first auction (pilot) is supposed to held by the end of the year

Also this Law changes the “green” tariff system: reduces the “green” tariff rates from January 1, 2020 for solar and wind projects and for three further years.

The official text is under the link: http://bit.ly/2WTKDeK