Ukraine’s Security Service warns Parliament about real threat to energy security

Source : 112 Ukraine

The development of Ukraine's green energy sector takes place without taking the real needs of the country's economy and energy market into account
14:34, 23 April 2020

Open source

Ukraine’s Security Service (SBU) warns Verkhovna Rada that the "green tariff" threatens the energy security of Ukraine. It was reported by Epravda with reference to a letter from SBU’s Head Ivan Bakanov to Parliament Speaker Dmytro Razumkov.

It is reported that the share of electricity, generated from renewable energy sources (RES), increased by 3.9% in 2019, creating an additional financial burden on state-owned companies that pay green-rate subsidies.

The SBU states about the need to move to a new competitive model by supporting green energy through auctioning of quota allocations.

Related: Lack of reaction to DTEK Energy default: Demonstration of state’s weakness

It also urges to ban the connection of RES that will impede the power delivery of existing generation facilities.

Green tariffs were introduced in Ukraine in 2009, and they are above the normal tariffs and fixed in euros. At present, the share of renewable electricity is only 2% of the energy consumed, but it accounts for 8% of all allocated funds - about 37 million dollars.

As we reported earlier, in Ukraine, the retail value of petrol of various brands, diesel fuel, and autogas has reduced.

Related: Oligarchs Kolomoisky, Akhmetov wage turf wars: Who to head Ukraine's Ministry of Energy?

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