By 2035, the Ukrainian government has committed to increase the use of renewables to 25% of the energy mix. Development of the sector has been rapid in recent years, but the energy market faced a difficult year in 2020 and concerns are growing from RES investors. The government has introduced legislative changes that reduced previously guaranteed returns and is looking at chipping away on the guarantees even further in order to tackle the mounting tariff deficit of the renewable energy scheme. Moreover, recent proceedings before the Constitutional Court threaten the basis for the remuneration of renewable energy producers altogether.
This webinar provides an update on the latest developments and a cautious outlook for 2021. We will hear from legal experts and industry stakeholders on the impact on energy producers and possible remedies under international law, disputes funding and damage calculation.
In this webinar the speakers will be discussing:
Status Quo and Outlook for Renewables in Ukraine - Ivan Bondarschuk (Head of Energy, LCF)
Predictability and Renewable Energy Investments - Victoria Pysmenna (Head of Legal, Elementum Energy)
The Impact of Current Developments in Ukraine on Business Transactions - Kyryll Kostyria (Head of Legal, UDP Renewables)
The impact of subsidy schemes on business valuation and the calculation of damages - Alexander Demuth (Managing Director, Alvarez & Marsal Disputes and Investigations GmbH)
Resolving Energy Disputes and Investment Protection Update - Georg Scherpf (Head of Arbitration Germany, Clyde & Co)
Investing in Disputes – What you need to know - Theo Paeffgen (Managing Director, Harbour LF, Germany)
Time: 15:00 CET