The government of Ukraine is dealing with the problem of a solar power plant of Ekotekhnik Nikopol LLC belonged to the Canadian investor TIU Canada disconnected from the grid and proposes to solve it by connecting the solar power plant to another point, First Deputy Prime Minister, Minister of Economy Oleksiy Liubchenko has said.
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Ukrainian regulator bans import of electricity from Russia, Belarus until Oct 1 2 min read
The National Energy and Utilities Regulatory Commission of Ukraine (NEURC) at a meeting on Wednesday limited the available capacity for importing electricity to Ukraine from states that are not parties to the Energy Community (Russia, Belarus) to 0 MW until October 1, 2021. We take this decision on the initiative of Energy Minister Herman Haluschenko, who made such a request to us. At the same time, we remember our experience and this winter, and remember the balance of interests, because we also think about consumers and about that, theoretically, the termination of imports as a market mechanism can lead to abuses and manipulations in the market, Chairman of NEURC Valeriy Tarasiuk said.
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The National Energy and Utilities Regulatory Commission of Ukraine (NEURC) at a meeting on May 26 limited the available capacity for importing electricity to Ukraine from states that are not parties to the Energy Community (Russia, Belarus) to 0 MW until October 1, 2021.
“We take this decision on the initiative of Energy Minister Herman Haluschenko, who made such a request to us. At the same time, we remember our experience and this winter, and remember the balance of interests, because we also think about consumers and about that, theoretically, the termination of imports as a market mechanism can lead to abuses and manipulations in the market,” Chairman of NEURC Valeriy Tarasiuk said.
Lithuanian investor SES Modus Grupe seeks EUR 11.5 mln damages in intl arbitration against Ukraine 2 min read
Modus Energy International, a member of the Lithuanian diversified company Modus Grupe, has initiated an arbitration against Ukraine over the retrospective reduction of feed-in tariffs in seeking to compensate damages of EUR 11.5 million, according to a draft government resolution on the procurement of legal advisors services to defend the interests of the state in arbitration.
The draft resolution, authorizing the Ministry of Justice to apply the simplified negotiating procedure, was included in the agenda of the government meeting on Wednesday.
According to an explanatory note to the draft resolution, the Ministry of Justice received a notice of arbitration against Ukraine on March 23 from the owner of Bolokhivsky Solar Park 1 LLC, Bolokhivsky Solar Park 2, as well as Solar Zalukva LLC – the Lithuanian company Modus Energy International. The company, in partic