There exists a burning need for introduction of green auctions in Ukraine. This was announced by Chairman of the State Agency of Energy Efficiency and Energy Saving Serhii Savchuk during CISOLAR-2019 conference in an interview with TV Channel Ukraine commenting on the benefits of adopting the bill N 8449-d on the transition of Ukraine to green auctions.
It will become possible under the terms of auctions to sell net electricity to the state that offers the lowest price.
It is expected that the introduction of auctions will enable to reduce the cost of ecological kilowatt, as for example, in other countries. This statement is also confirmed by IRENA experts.
In general, the bill stipulates for number of benefits for market players, consumers and the state, in particular, fair market price for green electricity, transparent competition in the market, stable development of clean energy,guarantees to investors and financial institutions on project implementation.
"We are waiting for the adoption of the bill in the second reading as soon as possible", Serhii Savchuk summed up.