"Green" ("Feed-In") Tariff In Ukraine

Introduction

The "green" tariff for electricity (also known in many other jurisdictions as the "feed-in" tariff) was introduced in Ukraine relatively recently – only in 2008. Since that time it has evolved substantially and now appears to be quite mature in terms of the legislative base. Moreover, the Parliament of Ukraine continues to be make certain legislative improvements. For instance, in June 2011 some state guarantees of application of the "green" tariff were enhanced. The latest amendment was adopted by the Parliament of Ukraine on 18 November 2011 and signed by the President of Ukraine on 8 December 2011. This underscores the Ukrainian government's attention to this mechanism and its willingness to make it as much attractive as possible.