Energy investors are not happy to see the end of Ukraine’s lucrative green tariffs – among the highest in Europe

Energy investors are not happy to see the end of Ukraine’s lucrative green tariffs – among the highest in Europe – but they recognize that high green tariffs were used in much of Europe to jump start investment in an industry that moved to auctions. Andrei Konechenkov, head of Ukraine’s Wind Energy Association, tells UNIAN: “The main thing is to preserve the investment climate. Without new legislation, we will not be able to attract investors.” Yaroslav Petrov, a partner of Asters law firm, warns: “If the bill is not adopted, we will not have new investment projects, because after 2020 it will be difficult to find companies willing to develop such projects.”