We’re happy to announce that Energy Law Group is ranked Band 1 in Projects & Energy (Legal Network) Europe-wide by Chambers Global 2020. 32 member firms are ranked in Chambers guides.
Future alternative electricity producers were awaiting a regulatory framework for the holding of auctions since the enactment of Ukrainian Law No. 2712-VIII of 25 April 2019, introducing amendments to certain Ukrainian Laws to provide competition in the alternative electricity production. The Law changed the ‘feed-in’ tariff regime and introduced a system of auctions in the Ukrainian renewable energy sector. The regulatory framework was expected to be adopted by 22 August 2019, with the first auction scheduled to take place in the rest of 2019. Further, the Cabinet of Ministers of Ukraine should have determined, before the end of 2019, the volume of quotas for the next five-year period.
The end of 2019 and early 2020 marked with several important changes in the renewable energy regulatory regime, including (a) changes to the Guaranteed Buyer procedure on purchase of renewable energy; (b) revisions to the Model PPA under the "green" tariff and adoption of the new Model PPA for the auctions regime; (c) adoption of the procedure for renewable energy auctions; and (d) cancelation of zero VAT imports of equipment for renewable energy projects.
On 4 October 2019, the ELG together with Danish member firm Gorrissen Federspiel held its 6th Energy Law Group Event at the Marriott Hotel in Copenhagen (Denmark).
The Energy Law Group Event brought together leading energy industry practitioners, regulators, bankers and lawyers from around 40 jurisdictions who shared their experience on the industry’s most compelling issues.
