Energy sector of Ukraine: main changes

In the second decade of June, the Parliament accelerated its work on the laws for stabilisation of the situation on the Ukrainian energy market. In particular, the Parliament discussed the following laws:

• a draft Law on Amendments to Certain Laws of Ukraine on Improving Conditions for Supporting Electricity Production from Alternative Energy Sources No. 3658 (the “Draft Law on Improving Conditions for Supporting Electricity from RES”);
• the Law of Ukraine “On Measures for Paying Off the Debts Accumulated in the Wholesale Electricity Market” (draft Law No. 2386 of 6 November 2019) (the “Law on Payment of Debts”).

The above laws introduce the following changes:

The Draft Law on Improving Conditions for Supporting Electricity Production from RES

The draft was submitted to the Parliament on 15 June 2020 by the Cabinet of Ministers of Ukraine. Its goal is to bring applicable legislation in accordance with the Memorandum of Understanding concluded with the RES producers on 10 June 2020 (the “MoU”). The main points of the MoU were discussed in our previous article.

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