Ukrenergo proposes to settle the costs of a feed-in tariff

The Head of NPC Ukrenergo proposes to discuss the issue of compensation for payments at a feed-in tariff to Guaranteed Buyer and universal service providers, since there is no unified approach to forecasting Ukrenergo costs, the press service reports.

“Today, all the mentioned entities calculate the forecast indicators of payment for electricity from renewable energy sources according to a feed-in tariff in different ways. As a result, Ukrenergo, the National Energy and Utilities Regulatory Commission and Guaranteed Buyer itself receive different amounts, which differ significantly from each other. Such discrepancies are primarily due to the complexity of forecasting this indicator”, the report said.

Ukrenergo notes that the issue is very important for the company, because it is the amount of compensation for a feed-in tariff that affects the increase in the company's tariff.

Kovalchuk noted that in June 2019, Ukrenergo and the National Energy and Utilities Regulatory Commission did not support the government’s decision on PSO, which includes compensation for a feed-in tariff. And today there is reason to believe that at the beginning of next year the current PSO model will be changed, so it is likely that any amount that will be included in the transfer tariff for this compensation today will need to be reviewed during 2020.

“Ukrenergo would be enough if it had the political will to relieve the company of responsibility for the compensation of costs for a feed-in tariff due to the tariff for electricity transmission. After all, this obligation significantly increases the size of the latter and, accordingly, is the reason for the significant receivables of market participants to Ukrenergo”, the company said.

Recall that the deficit of funds to finance a feed-in tariff is more than 480 million UAH.

Tags: The Cabinet of Ministers, contracts, renewable energy, tariffs, solar energy, wind energy, bio-TPP, legislation, electricity, NEURC, EU, The Minystry of Energy and Coal Mining, Top management, Ukrenergo, feed-in tariff, ETL, electricity market, foreign affairs, Guaranteed buyer, ВИЭ

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