Guaranteed Buyer is holding the first auction for the sale of renewable electricity on October 5

SE Guaranteed Buyer announced the holding of the first auction for the sale of renewable electricity.

Guaranteed Buyer is holding an auction for the purchase and sale of electricity from renewable energy sources under bilateral contracts on October 5. The trades will take place at the Ukrainian Energy Exchange.

Guaranteed Buyer offers several products for sale. In order to attract the maximum number of participants and meet their needs, lots of different sizes are displayed – from 1 to 10 MWh at different times of the day.

The starting bid price is formed in accordance with the Procedure for conducting electronic auctions for the sale of electricity under bilateral contracts approved by the Cabinet of Ministers of Ukraine.

Any participant in the electricity market can participate in the auction.

As a reminder, the Cabinet of Ministers adopted a resolution "On Amendments to the Procedure for Holding Electronic Auctions for the Sale of Electricity under Bilateral Contracts" on September 28. The resolution opens up the possibility of selling electricity produced by renewable energy sources under bilateral contracts at auctions in the form of special sessions.

Tags: The Cabinet of Ministers, renewable energy, Guaranteed buyer, agreement, auctions, UEEX

Read also

Buslavets: Producers of renewable electricity will receive October’s payments in December
France's PV installed capacity crosses 10-GW mark
Guaranteed Buyer transferred UAH 150 million to renewable energy producers