On 21 May 2009 the Parliament of Ukraine passed the law "On
amending certain laws for incentivizing production and utilization
of biological fuel", stimulating the production of bio-fuel
("Law 1"). Law 1 was signed by the President and came
into force on 19 June 2009 with its official publication.
On 19 June 2009 another piece of legislation – the law
of Ukraine "On Coal Gas (Methane)" ("Law 2"),
also came into force. Law 2 establishes a general framework for the
exploration and utilization of natural gas from coal deposits and
coal mine waste sites in Ukraine and facilitates the development of
related business activities.
Bio-fuel
Generally, Law 1 has introduced a number of definitions
(biomass, bio-fuel, biogas, etc.) which are reasonably required to
further develop alternative energy market regulation. Law 1 also
provides vast financial incentives for bio-fuel production.
