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Ukraine > Legal Developments > Projects, Energy & Natural Resources > Law firm and leading lawyer rankings

Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Renewable energy in Ukraine: trends to expect in 2019

The alternative energy industry is one of the fastest growing and most attractive sectors for investment in Ukraine. This can be explained, inter alia, by the favorable geographical conditions in Ukraine, where solar radiation is more intense than, for example, in Germany. The wind speed in this Eastern European country makes it possible to develop large-scale wind projects. Moreover, Ukraine has a huge potential in electricity production from biogas, which, in some cases, is already partially being successfully implemented.

BANKABLE PPA: A NEW VERSION FROM THE REGULATOR

February 2019 - Projects, Energy & Natural Resources. Legal Developments by GOLAW.

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A power purchase agreement or PPA is one of the core documents needed for the purchase of electricity produced by a power plant.

Viktoriia Morozova joins the AVELLUM’s Energy practice as of counsel

AVELLUM is happy to announce that Viktoriia Morozova has joined the firm’s Energy and Infrastructure practice as an of counsel.

AVELLUM advises ICU on establishment of joint venture in renewable energy sector

AVELLUM advises Ukrainian investment firm on establishment of yet another joint venture in renewable energy sector

CHANGES TO PPA: TO MAKE FINANCIAERS HAPPY

Over the last few months before January 2018, when the latest changes to the power purchase agreements (PPAs) between State Enterprise “Energorynok” and producers of energy from alternative sources were adopted, more than ten agreements were signed with upgraded conditions set earlier in 2017. In the mentioned agreements, the changes to the PPAs were applied and helped bring Ukraine’s PPAs closer to international standards. Nevertheless, the revised PPAs still have a lot of issues that need to be clarified and further elaborated to make them perfectly bankable, and to make them properly executable.

Recent Legal Developments in Renewable Energy Sector

Glib Bondar, Partner, AVELLUM

Dmytro Symbiryov, Associate, AVELLUM

Ukraine has huge potential and capacity for growth in renewable energy sector. In view of the Government’s efforts to attract foreign capital flow into the economy, Ukraine continues to support the “green” energy sector. 

Ukraine to Conduct Two Tenders for Exploration and Production of Oil & Gas at Foros and...

Skifska fields of the Black Sea under Production Sharing Agreements

On 23 May 2012 the Ukrainian Government approved terms for 2 tenders on execution of production sharing agreements for production of oil and gas at deep water parts of the Black Sea by Resolutions No. 454 (the "Foros Resolution") and 455 (the "Skifska Resolution"). Resolutions become effective on 30 May 2012.

Cabinet of Ministers of Ukraine Approved Procedure For Privatization of PJSC “Kyivenergo” and PJ

September 2011 - Projects, Energy & Natural Resources. Legal Developments by Avellum.

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According to the news release circulated by the State Property Fund of Ukraine (“SPFU”) on 21 September 2011 the Cabinet of Ministers of Ukraine adopted a Resolution (the “Resolution”) approving conditions for the sale of stateowned shareholdings in power generation companies Public Joint Stock Company “Kyivenergo” (“Kyivenergo”) and Public Joint Stock Company “Zakhidenergo” (“Zakhidenergo”). A 25% stake in Kyivenergo and a 45,103% stake in Zakhidenergo are offered for sale.

When will Russia lift its grain export ban?

On 25 March, Interfax informed that Russia’s Agriculture Minister Elena Skrynnik had announced the government’s plans with respect to lifting the ban on grain exports from Russia.

ENERGY LAW GUIDE

SECTION I
LEGAL FRAMEWORK FOR ENERGY SECTOR IN UKRAINE

Fiscal incentives for energy efficiency and alternative energy

Sustainable energy use has a significant place in Ukraine's energy policy. The Energy Strategy to 2030 and the Economic Reform Programme for 2010 to 2014 both identify switching to alternative energy sources and achieving greater energy efficiency as key priorities.

Regulatory Framework for Gold Mining in Ukraine

While Ukraine was part of the USSR, its gold mining potential was kept in reserve for two principal reasons: 1) environmental issues (the majority of known gold deposits are located in Carpathian Region, considered to be a natural reserve territory) and 2) military planning (in case of conflict with NATO, Ukraine, as a border republic, had higher chances of being occupied by the enemy).

Ukraine Changes Regulation of Motor Road Concessions

On 15 January 2009, the Ukrainian Parliament adopted Law of Ukraine No. 891-VI “On Amendments to the Law of Ukraine “On Concessions for the Construction and Operation of Motor Roads” (the "Law") which completely restates the earlier Law. The Law was officially published on 31 January 2009, and it became effective as of the date of its official publication.

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