Dr. Zachmann explained that LCU analyses indicate a decoupling of wholesale market prices and marginal costs of production, leading to prices well above those in neighbouring countries.
On December 14th, 2019, LCU experts gave an introduction into aspects of energy and climate policies to a group of experts and parliamentarians, most of them members of the energy committee of the Ukrainian Verkhovna Rada. The aim was to provide newly elected MPs with fundamental expertise on the complex topic of electricity markets, to discuss specific challenges of integrating renewable energy sources into Ukraine‘s energy system, and to look into challenges of coal phase-out in Ukraine.
Dr. Georg Zachmann took part in a meeting that President Zelensky held with relevant stakeholders on the situation in the electricity market.
Recommendations on making energy markets competitive, increasing RES share, structural change in coal sector and regions, investments in infrastructure, energy efficiency in residential sector.
On April 25, the Verkhovna Rada passed the law introducing renewable energy auctions.