The new law also provides for energy auctions, and requires renewable energy producers to take responsibility for power balancing by 2022. It has set a 18-month schedule for Ukrenergo to pay back bills to solar and wind producers. Whilst

The new law also provides for energy auctions, and requires renewable energy producers to take responsibility for power balancing by 2022. It has set a 18-month schedule for Ukrenergo to pay back bills to solar and wind producers. Whilst the new law only allocates $50 million toward this debt, it is expected to hit $1 billion at the end of this month. One solution under discussion is to raise ‘Green Bonds’ on international markets, backed by sovereign guarantees.