Jon M Queen DC‘s studies over the green energy have been orientated towards the Ukrainian industry in the last years due to the latest changes and the opportunities in the area. Around 2009, the government played a major role in the green energy production by accepting the Green Tariff. But what is this program after all? How does it influence the Ukrainian economy?
First of all, the program is extremely transparent, therefore anyone can take a peak and learn about it. This is exactly what Jon M Queen did too. It seems the program was created by the Ukrainian government, in a tight collaboration with some of the most advanced world scientists in green energy. Its general purpose is to help the green energy implementation in Ukraine. These days, the economy is run by the nuclear power. It all started around the ’70s. The Chernobyl disaster from 1986, which is considered to be the most catastrophic disaster in the human history, was caused by the nuclear power and human mistakes. Therefore, this is exactly what the government tried to avoid. The risks are still high, while the political pressure is huge.
According to Jon M Queen DC, Green Tariff also covers the carbon sectors. The main advantage of this program is the opening to any investor, as long as the rules are followed. The nationality is not important. This way, Ukraine tries to stimulate the local economic growth and the privatization of some power companies. With four different types of green energy projects, the market has already been invaded by both national and international companies. When it comes to the international investments, things are a bit harsh and imply a lot of work. There are a lot of rules to be followed. Many of them can be considered to be real obstacles. At the same time, the financial revenue is definitely worth. The process is supposed to be long lasting. As a matter of fact, Green Tariff will be fully integrated in 2030 only. Therefore, there is a lot to work.
Jon M Queen is unsure on the future of this idea. It started out like a positive improvement over this former Soviet Union country, but at the same time, the obstacles and local regulations may drive the investors away. Only time can tell whether Ukraine will end up on the green list of countries. So far, it is on a red one due to the 1986 disaster.
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