Page 76 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 2, 2013, pp. 67-79

The basic price of electricity was taken as the price on 1 January, 2009 and charged in Euros at

the exchange rate on a given date.
The following table contains feed-in tariffs for electricity from renewable energy sources, as

proposed in the updated, but not yet enforced amendment to the law «On the electric power industry»:
Table 2: Updated profiles for the feed-in-tariffs (see IER (2010), Law (2009), Ernst &
Young (2012))
Coefficient for Green Tariff (on the Peak load
Type of the RE-Plant price basis 0,5846 UAH/kWh) coefficient
till 01/01/2013 after 01/01/2013
Wind energy plants till 600 KW 1,2 1,2 -
Wind energy plants 600-2000 KW 1,4 1,4 -
Wind energy plants over 2000 KW 2,1 2.1 -
Biomass energy plants (electricity) 2,3 2,3 -
Biogas energy plants (electricity) - 2,7 -
Municipal waste plants (electricity) - 3,0 -
Solar energy plants (on land) 4,8 3,5 1,8
Solar energy plants (on roof or 4,6 3,6 1,8
facade) over 100 kW
Solar energy plants (on roof or 4,4 3,7 1,8
facade) till 100 kW
Solar energy plants (on roof or - 3,7* -
facade of private House) till 10 kW
Small Hydro energy plants till 200
kW 1,2 2,0 1,8
Small Hydro energy plants 200-
1000 kW 1,2 1,6 1,8
Small Hydro energy plants 1-10 0,8 1,2 1,8
MW
* Amended Law of Ukraine «On the electricity industry» from 1 July 2013 [Zakon Ukrainy
“Pro elektroenergetyku”: see http://zakon4.rada.gov.ua/laws/show/575/97-вр]

The amended law requires the state to buy electricity from renewable energy sources till

2030 according to the specified conditions, to provide adequate network connectivity, and to
ensure the support of the relevant business sector. However, significant bureaucratic obstacles

continue to exist and corruption complaints occur. Several international technical reports have

testified to this effect [Rik v energetychnomu spivtovarystvi: dobre stoimo? Analytical research of GO„DiXi Group“;
see http://ua-energy.org/upload/files/Ukraine_first%20year% 20in%20Energy% 20 Community.pdf; Zaluchennia investycij u
sferu vidnovliuvanoi energii Ukrainy. Handbook on the development of the private sector (OECD- Initiative); see http://
www.oecd.org/daf/privatesectordevelopment/UkraineRenewableEnergyUKR.pdf;Energieeffizienz steigern:Eine

gemeinsame Aufgabe für Staat und Markt. Newsletter der Deutsche Berategruppe. Ausgabe 42. Februar 2012; see
http://www. beratergruppe-ukraine.de/download/Newsletter/2012/ Newsletter_42_2012_Deutsche%20 Beratergruppe.pdf;
Ukraina 2012: zahalna energetychna polityka. International Energy Agency. OECD/IEA, 2012; see http://www.iea.org/

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