The Ukrainian parliament has approved a draft law on feed-in-tariff (FiTs) reductions for renewable power generation. FiTs will be cut by 15% for solar parks and by 7.5% for wind parks commissioned between 2015 and 2019 and by 2.5% for both types of projects commissioned as of 1 January 2020.
Ukraine introduced feed-in tariffs (FiTs) in 2009. In 2019, they ranged between €0.058/kWh for wind with a capacity under 1 MW to €0.181/kWh for solar panels for private households. The state-owned Guaranteed Buyer, which acquires renewable power generation from producers, almost suspended payments to the producers between March and May 2020 in a conext of coronavirus crisis. The State has committed to repay producers and to resume regular payments. The Sustainable Development Strategy for Ukraine by 2030 aims for renewables to account for 17% of total energy consumption by 2030.
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