RESEARCH

RENEWABLE ENERGY

Taxes and Incentives for Renewable EnergyEnergyCamp – Kyiv, August 28, 2010

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Know trends and surf!

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Key information

• KPMG International

• KPMG in Ukraine

• Corporate Citizenship and Sustainability

• KPMG Research “Taxes and Incentives for Renewable Energy” (August 2010)

4© 2010 KPMG-Ukraine Ltd. and KPMG Audit, companies incorporated under the Laws of Ukraine and member firms of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

KPMG

• KPMG – 146 countries, 140,000 employees

• KPMG in Ukraine since 1992 :

• Audit

• Tax & Legal

• Transactions & Restructuring

• Risk & Compliance

• Offices of KPMG in Ukraine: Kiev, Donetsk, Lviv

• Corporate Citizenship and Sustainability (incl. Green office)

5© 2010 KPMG-Ukraine Ltd. and KPMG Audit, companies incorporated under the Laws of Ukraine and member firms of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

KPMG library – www.kpmg.com

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Recent publication (August 2010)

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Climate change investments

Source: HSBC Global Research Report (February,2009)

Around the world countries invested over 430 bln USD in fiscal stimulus on key climate change investment themes.

8© 2010 KPMG-Ukraine Ltd. and KPMG Audit, companies incorporated under the Laws of Ukraine and member firms of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

Cumulative installed global wind capacity

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Cumulative installed global solar capacity

10© 2010 KPMG-Ukraine Ltd. and KPMG Audit, companies incorporated under the Laws of Ukraine and member firms of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

Renewables net electricity generation forecast

Note: OSCD and non-CSCD countries

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Renewable Portfolio Standard (RPS)

•Government policy targets for renewable energy exist in at least 66 countries worldwide (including all 27 European Union countries).

•There is a broad spectrum of national ambition, as targets for renewables range from 2 percent to 78 percent:

•India and Chile have targets of 5 percent by 2010 and 2014, respectively

•Sweden is raising the bar with a target of 50 percent of their energy supply coming from renewable sources and the goal of becoming the first country in the world to be free from oil by 2020.

12© 2010 KPMG-Ukraine Ltd. and KPMG Audit, companies incorporated under the Laws of Ukraine and member firms of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

Operating subsidies

Over 60 countries use policy to promote renewable energy generation

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Summary: Support schemes

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Opportunities, challenges

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KPMG: Conclusion

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Thank you!

Alina SevastyukCommunications ManagerKPMG in UkraineTel.: +380 44 490 5507Mobile: +380 95 288 42 64asevastyuk@kpmg.ua

www.kpmg.comwww.kpmg.ua