Halushchenko: The Ministry of Energy expects to launch a new PSO model in the electricity market for the population on August 1

Energy Minister Herman Halushchenko said that a new model of PSO to provide electricity to the population should start working on August 1, Interfax-Ukraine reports.

“There will be a new model. I think it will take another 10 days, and we will take it,” he said in a comment to the agency.

The Minister noted that the postponement of the introduction of the new JI, which was scheduled for July 1, was necessary to develop its optimal model, which did not allow for the volatility of the electricity market.

“Now we more or less see benchmarks, because in conditions of volatility, when the price of electricity fell in some periods and up to 30 kopecks / kWh, we could not calculate a normal model that would stabilize Energoatom and Ukrhydroenergo," Halushchenko noted.

At the same time, he confirmed his intention to introduce differentiated tariffs depending on the volume of consumption.

“We are not abandoning the basic model that we talked about earlier. We insist on a differentiated approach: for vulnerable consumers, there will be one price, for the conventionally rich, who consume more, there will be another,” the minister explained.

The Cabinet of Ministers of Ukraine, by Resolution No.659 of June 29, extended the current PSO to provide electricity to the population and kept the current price for household consumers at UAH 1.68/kWh until August 1, 2021.

To recap, in July the people of Kyiv will receive invoices with an advance payment for heating.

Earlier, Ukrenergo told what prevents the transition to a financial PSO.

Tags: The Cabinet of Ministers, tariffs, electricity market, PSO, price, population, power system, The Ministry of Energy, electricity consumption, Halushchenko

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