Energoatom must sell 90% of its electricity in a new market at a fixed price – the Cabinet of Ministers

The Cabinet of Ministers of Ukraine obliged the state enterprise NNEGC Energoatom to sell 90% of its electricity in the new electricity market at a fixed price. This was announced by the representative of the President in the Cabinet of Ministers Andriy Gerus.

“The Cabinet of Ministers today accepted that the Energoatom company is under obligation to sell 90% of its electricity at a fixed price”, said Gerus.

According to him, this decision does not contribute to creating competition in the new electricity market.

“Considering that we have no imports, and Energoatom will be regulated, we have only one unregulated company that will operate in a free market. There is no competition here, this is not creating a competitive market. It was possible to register the name of one company for which the free market is coming”, he said.

Earlier it was reported that the Cabinet of Ministers adopted a resolution on electronic auctions for the sale of electricity under bilateral agreements with state energy companies, including Public Service Obligations for the supply of electricity to the population.

The developed document will regulate the rules of operation of three state-owned enterprises – NNEGC Energoatom, OJSC Ukrhydroenergo and OJSC Centrenergo.

Source: unian.ua


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Tags: The Cabinet of Ministers, DTEK, contracts, NPP, tariffs, NNEGC "Energoatom", energy market, electricity market

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