Renewable Energy Costs Must Be Included in Tariffs
Andriy Konechenkov, Chairman of the Board of the Ukrainian Wind Energy Association, has emphasized the need to incorporate funding for renewable energy sources (RES) into the electricity transmission tariff of NPC Ukrenergo. According to him, this step is crucial to prevent the emergence of new debts in the sector. He noted that tariff adjustments over the past two years have successfully stopped the accumulation of additional liabilities in the electricity market, marking a significant achievement.
Konechenkov pointed out that the National Energy and Utilities Regulatory Commission (NEURC) has been raising the electricity transmission tariff at an economically justified level over the last two years, which has been key to halting the growth of new debts.
“For the past two years, NEURC has been increasing the transmission tariff in an economically sound manner, thereby stopping the accumulation of new debts. This is very important,” he stated.
Existing Debts and Consumer Impact
At the same time, Konechenkov acknowledged that previously accumulated debts still need to be repaid to electricity producers. He also clarified that tariff revisions do not directly affect the price of electricity for end consumers.
“The tariff currently proposed is economically justified and simply necessary,” he emphasized, highlighting its importance for the stability of Ukraine’s electricity market.
Integrating renewable energy financing into tariffs is a vital step toward ensuring the stability of Ukraine’s energy market. This approach not only helps avoid new debts but also supports the growth of green technologies, which are becoming increasingly relevant amid global climate change. Successful implementation of these initiatives could enhance the country’s energy independence and reduce its environmental footprint.
In light of these developments, it is also essential to consider how the Ukrainian energy regulator is planning to review industrial electricity tariffs. Such revisions could further influence the dynamics of the electricity market, potentially addressing both existing debts and future sustainability in energy consumption.