Authorization
Ukrainian Wind Energy Association together with other RES industry associations in Ukraine called on President of Ukraine, Prime Minister and Minister of Energy of Ukraine to prevent the national renewable energy industry from destructing, industry which is a priority for the European energy policy, and preserve trust of those investors who remain loyal to Ukraine and seek to develop the economy of Ukraine after the war.
On behalf of Ukrainian and international investors in RES, the associations appealed to cancel the Order of the Ministry of Energy №140 of 28.03.2022, which limits the level of payments to the RE producers (under this Order the current level of settlements amounts only to15-16%) and to ensure current payments to producers of RES in excess of 30-35%
“Being aware of complexity of the situation in the energy sector, we have not appealed this Order against the court to avoid further destabilization of the energy market of Ukraine during times of war... However, as of the end of May, SE Guaranteed Buyer has earned sufficient funds by selling electricity produced on the market to provide payments to the RES producers in the amount exceeding 30-35%. In addition, according to our preliminary estimates, by the end of the year SE Guaranteed Buyer and NPC Ukrenergo, will have retained income of UAH 3.2 bln and UAH 12.7 bln respectively, enough to significantly increase the level of payments to the RES producers”, the letter says.
According to experts’ estimations, by the end of the year the electricity market will face a deficit in the amount of UAH 35 bln, a significant part of which (about UAH 16 bln), will be covered by non-payment for the green electricity deliveries under the Order №140 from March 28, 2022.
According to the associations, the government, it seems, has an intention to compensate the deficit forecasted in the electricity market and cover the operating costs of the National Nuclear Energy Generating Company Energoatom at the expense of the RE producers.
Investors have emphasized their readiness to contribute to the Ukrainian economy and accelerate a promising sector of the economy. But obviously this requires an attractive business climate and investor confidence.
Taking into account all the arguments set out in the letter, the Associations call on the President of Ukraine, the Prime Minister and the Minister of Energy of Ukraine:
1. to abolish the existing restrictions on settlements with the RES producers (Order of the Ministry of Energy №140 from March 28, 2022);
2.to ensure payments to the RE producers at the highest possible level by available funds generated from the trading activity of SE Guaranteed Buyer and the activity of NPC Ukrenergo.
3.to ensure legislation invariability regarding the RES support system, gradual debts repayment and adherence to existing guarantees provided to the investors at the legislative level.
“We invite the state authorities to a joint dialogue to discuss our mutually beneficial cooperation for the benefit of our state!” the Associations appealed.
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