Support scheme for electricity output from renewables in Ukraine, starting in 2030

Galyna Trypolska

Economic Analysis and Policy, 2019, vol. 62, issue C, 227-235

Abstract: Ukraine has an officially adopted target for energy from renewables of 25% by 2035. Renewable energy producers in Ukraine enjoy a feed-in tariff, valid until 2030. In Ukraine, a debate has begun on whether the feed-in tariff should be prolonged. This paper focuses on the projected cost of electricity from renewables, nuclear and fossil fuels in Ukraine in 2030, based on a levelized cost of energy (LCOE) approach. Results indicate that prolongation of the feed-in tariff is necessary for most types of energy generation from renewables. The existing rate of the CO2 emissions tax is too low to affect the LCOE of fossil fuel-based electricity. Coupled with the projected low price for coal and natural gas, this will make renewables less competitive in Ukraine in 2030 if there is no feed-in tariff.

Keywords: Renewables; LCOE; Ukraine; Feed-in tariff (search for similar items in EconPapers)
JEL-codes: Q42 Q48 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:62:y:2019:i:c:p:227-235

DOI: 10.1016/j.eap.2019.04.007

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