ARTICLE · 04 JUNE 2009

Changes To Green Tariff Procedure

CMS Cameron McKenna Nabarro Olswang

Explore more from CMS Cameron McKenna Nabarro Olswang

On 28 May 2009, the green tariff procedure was amended by the National Energy Regulation Commission to comply with recent legislation to stimulate alternative energy usage.

UkraineEnergy and Natural Resources

Christina Maciw

Vitaliy Radchenko

Inna Saakova

On 28 May 2009, the green tariff procedure was amended by the National Energy Regulation Commission to comply with recent legislation to stimulate alternative energy usage.

The green tariff is a special price for electricity produced from alternative energy sources.

NERC will now set a minimum green tariff for each generating company, depending on the particular type of alternative energy source used.

The minimum tariff will be in euros, with the grivnya equivalent based on the official NBU exchange rate on 1 January 2009 (EUR 100 = UAH 1085,546).

Whenever the tariff is reviewed, it will be adjusted to mitigate exchange rate fluctuations since 1 January 2009.

Generating companies wishing to sell electricity from an alternative energy source under the green tariff must apply to NERC for approval. Their application must be supported by various documents, including:

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