“Guaranteed buyer” has signed contracts for “green” capacity 76%

"Гарантированный покупатель" подписал договоры на увеличение "зеленых" мощностей на 76%

SOE “Guaranteed buyer” as of November 12, 159 signed contracts with companies that plan to produce electricity at a “green” tariff (pre-contract, pre-PPA).

As the press service of the state-owned enterprises, the total capacity of facilities planned for commissioning in accordance with already signed pre-PPA is 3.5 GW.

Now the “Guaranteed buyer” interacts with contractors, producing electricity at “green” tariff, based on 488 contracts of purchase and sale (PPA).

In the third quarter the enterprise has paid for renewable generation purchased electricity at “green” tariff 9.5 billion UAH.

As reported, according to the National Commission carrying out regulation in the energy and utilities (NKREKU), as of the end of the third quarter of this year, the total installed capacity of alternative energy sources made up 4.59 GW.

The power commissioned in July-September 2019 facilities, generating electrical energy from renewable energy sources (RES) amounted to 956 MW, which is six times higher than the volume for the same period in 2018.

According to the Ministry of energy and protect the environment, the budget deficit of the state enterprise “Guaranteed buyer” for payments to electricity producers at the “green tariff” in 2020 could range from 10.4 billion UAH (in the first embodiment) to 13.5 billion (the second embodiment).

According to Minamaneho, the installed capacity of renewable energy by the end of 2019 will be of 5.74 GW 2020 GW of 7.59 (according to the professional associations, provided on the basis of the signed pre-PPA).

The predicted production of “green” electricity this year will be 6 billion kWh, and the amount paid for this volume of 28 billion UAH (hereinafter VAT). In the following year, the funds for payments to renewable energy facilities, according to some estimates, could reach 45 billion.

GP “Guaranteed buyer” buys produced on the “green” tariff electricity and sells it on the market “for days forward”. The company also maintains the PSO mechanism, to prevent the growth of prices for the population.

GP “Guaranteed buyer” buys electricity from the state of NNEGC “Energoatom” and JSC “Ukrhydroenergo” and implements its suppliers of universal services who sell it to the public at fixed rates, some more sells in the market “for days forward” to compensate for the loss. In addition, the company will be responsible for the conduct of auctions for “green” generation that has to begin from 2020.

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