Energy Sources: Weekly Digest, November 19-25

Figure of the week: Preferential imports of electric cars will be renewed for another four years in Ukraine

Several days ago, major electricity producers, the heads of the Ukrainian Solar Energy Association and the Ukrainian Wind Energy Association appealed to the Verkhovna Rada offering to renew the preferential period for electric cars imports. In the course of considering tax amendments to the bill No.9260, the appeal was supported and the deputies voted to renew the preferences until 2022.  
It also became known that the budget for 2019 provided for UAH 400 million of ‘’warm loans” to implement the program. Let us recall that in 2018 it took just half a year to spend the same amount of budget funds. The State Agency on Energy Efficiency and Energy Saving of Ukraine, in case of a strong demand for the program, intends to appeal to the government on increasing funding.

Event of the week: The EBRD reported the termination of funding the solar power projects

Credit associations are unsatisfied with the delay to introduce more efficient mechanisms of the RES stimulation other than “green tariff”. According to the EBRD senior banker Olga Eriomina, EUR 250 million allocated in summer under the USELF-III program are close to run out. The issue of further funding will be considered after the implementation of the auction system, which is expected to lower electricity tariffs. 
The updated reporting standards have already been approved for energy companies. As the head of the
NEURC Oksana Kryvenko wrote on her Facebook page, new reporting templates for the energy market participants will comply with the international standards.

Company of the week: Sonyachni Vorota LLC intends to construct the SPP in the Ivano-Frankivsk region

Solar power plants are actively constructed in western regions. Recently, the company Sonyachni Vorota received a
permission to construct a 3 МW solar power plant. Construction will take place in Korolivka village of the Kolomyya district. The square of the facility will be 5.8 Ga. The amount of investment is EUR 2,460,000. 


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