As found “Kommersant”, the government may tighten the requirements for projects under a new program to support green generation by the volume of 400 billion rubles. Penalty for lack of localization of the equipment of the stations will be 100% of the payment for capacity and for failure to comply with the requirements for export of equipment — 20%. While regulators have not yet determined the mechanism of selection of projects, so the competition for the new program can not take place before February next year.The Ministry has sent to the Ministry of Finance revised version of the draft decree of the government about new requirements for renewable energy plants selected for program support in the years 2025-2035 (document dated July 27, there is a “y” in the Ministry of Finance have acknowledged receipt).The modified draft set a higher target level of exports and the ratio of revenues from sales of equipment for export to the cost of renewable energy stations in Russia. The figure for wind and solar power stations (VES and SES) will be commissioned in 2025-2030 years will be 5% in 2031-2035 years — 15%. Indicator for mini-hydro installed at the level of 3-5%. If the investor does not fulfill the requirement, it will reduce charge power by 20%.In the final version of the document dramatically increased and penalties for failure to reach the localization level of equipment — up to 100% of the payment for capacity for all types of renewable energy in 2025. The overall payment capacity for renewable energy generation under the new program is set at 400 billion rubles, under condition of high competition, this money will be enough for the construction of up to 8.5 GW of new stations, estimated by Maxim Baranov from Vygon Consulting.To increase the penalties insisted the energy Ministry’s letters to the Ministry (document of July 31, there is a “b”). While the ministries remain divided on several parts of the program. The Ministry said “Kommersant” that “the draft amendments under discussion with the relevant agencies.”In addition to the requirements on localization and export of equipment regulators will need to determine the support mechanism. Investors insist on the preservation of the capacity delivery agreements (CDA, provides return on investment through increased payments for capacity). Regulators also propose to undertake a selection of projects at the lower price of electricity (single rate for 1 kWh). The modified package of regulatory-legal acts will be made to the government in October, the decision was made following the meeting in the government on 4 August, told “Kommersant” in the Ministry of energy. However, this means that the tenders for the new programme will take place not earlier than February of next year, said the source “Kommersant”.Green generators criticize the increase in fines. The Association of renewable energy development (ARVA, brings together investors in RES) told “Kommersant” that the increase of the localization level will require additional investment in the industrial facilities in the amount of 50 billion rubles, this the background of the fines at 100% “defiant look”. “This creates a risk of depreciation of the investment and will negatively impact on project costs and debt financing. More balanced is a differentiated approach, in which a 100% penalty applies only if the investor is significantly (10-20%) deviated from the target values”— believe in ARVA.The problem is that the demands put forward by the generating companies and to fulfill their needs of equipment manufacturers, says Alexei Khokhlov of energy centre Moscow school of management SKOLKOVO. “Using energy market we are trying to solve the problem of industrial development and non-oil exports. And export regulations are not too harsh or excessive: taking into account the volume of the world market renewable energy export record of 5-15% — a very small volume,” says Alexei Khokhlov. In his opinion, the important thing is to create the systemic conditions under which equipment manufacturers would be beneficial to place production on the territory of the Russian Federation on a much larger scale.Pauline Smertin
