Ukraine's Parliament Passes New Law to Boost Renewable Energy Investment

Legislation to Support Renewable Energy

According to Главком: Ukraine's parliament, the Verkhovna Rada, has passed a new law designed to alter the investment landscape for renewable energy. On February 10, 2026, the bill, numbered 13219, received approval in its second reading with the support of 247 members of parliament. This move comes as Ukraine seeks to align its energy sector with European standards and reduce its carbon footprint. The key amendments involve extending the auction timeline, modifying financial guarantee conditions, and setting a permissible capacity deviation for energy projects.

Key Legislative Amendments

Specifically, the law extends the validity of auctions for allocating renewable energy support quotas until December 31, 2034. This extension aims to create a more stable and predictable environment for investors interested in developing Ukraine's green energy sector. A new financial security mechanism is also being introduced, provided directly to the Guaranteed Buyer as an alternative to a bank guarantee.

Furthermore, the law establishes a permissible deviation of up to 10% between a project's actual installed capacity and the capacity level for which support was secured. Changes also apply to the required bank guarantee amount. It will be reduced from 15 to 10 euros per kilowatt of capacity upon the auction winner signing a contract with the Guaranteed Buyer. In cases where a project's construction and commissioning timeline is extended, the bank guarantee will also be lowered-from 30 to 10 euros per kilowatt.

These legislative changes are intended to stimulate investment in renewable energy and promote the development of environmentally clean power sources in Ukraine.

The adoption of this bill represents a significant step forward for Ukraine's renewable energy development. In the context of the global shift toward clean energy, the new rules are expected to attract crucial investment into the sector, which could help reduce the country's reliance on traditional fossil fuels. The reforms may also positively impact Ukraine's energy security and economic growth amid ongoing challenges.