GREEN ENERGY TARIFFS: LOCAL CONTENT RULE

摘要

The Law of Ukraine on Electricity contains a provision under which local content rules should be observed for obtaining a "green" tariff. Thus, according to the recent changes in the Law "On Electricity Industry" the incentive procedure for electricity production from alternative energy sources for power generation facilities constructed after January 1, 2012 and commissioned prior to January 1, 2013 shall apply on condition that the share of raw stock, materials, main assets, works and services of Ukrainian origin in the cost of construction of the respective facility producing electricity from alternative energy sources makes at least 15 per cent, for facilities constructed after January 1, 2012 and commissioned after January 1, 2013-at least 30 per cent-and for facilities constructed after January 1, 2012 and commissioned after January 1, 2014-at least 50 per cent. An additional condition for electricity production incentives is the use of solar modules at electricity production facilities. The share of raw materials of Ukrainian origin in the production cost of such solar modules shall make at least 30 per cent starting from January 1,2013 and 50 per cent starting from January 1, 2014, respectively.