During a meeting of the National Commission for State Regulation of Energy and Public Utilities, board member of the National Energy Company 'Ukrenergo' Ivan Yurik emphasized the importance of realistic forecasts and economic indicators for stable financing of renewable energy. According to Yurik, fluctuations in exchange rates, electricity consumption volumes, and macroeconomic trends have a significant impact on the renewable energy sector.
“In terms of exchange rates, obviously, we need to take the government's assumptions into account; the euro exchange rate significantly affects our obligations regarding the PSO and renewable energy,”- explained Ivan Yurik.
Yurik also noted that the company collaborates with international financial partners and has already attracted nearly 800 million euros in grants since the onset of the war. Thus, expenditures on renewable energy have been compensated by funds that were supposed to be raised from the market.
For his part, the head of the Board of the Ukrainian Wind Energy Association (UWEA) Andriy Konechenkov expressed the necessity of increasing expenditures to support renewable energy to a level that will ensure full funding of the sector by 2026.
Both speakers emphasized the importance of stable financing and the need to clarify forecasting indicators to ensure the further development of renewable energy in Ukraine.