Energy investors expect debt repayment: how it will affect recovery

According to glavcom.ua: According to the director of NVP 'Energo-Plus' Evgen Korfa, additional funds for renewable energy will not only help in repaying debts but will also serve as an incentive to improve Ukraine's energy infrastructure. Korfa emphasized that this issue is not just about infrastructure, but also about resilience, security, and trust in the country.

According to data from industry associations, debts owed to producers of 'green' electricity amount to UAH 22 billion. The largest portion of debts in 2022 (63%) and 2024 (87%). Currently, the debt of NEC 'Ukrenergo' to the enterprise 'Guaranteed Buyer' is UAH 16.3 billion.

Korfa explains that investors have appealed to the NCRECP with a request to address the debt issue. They demand that the formula for calculating imbalances for 2021-2022 be recognized as unlawful, correct the debt repayment mechanism, and agree on a new formula taking into account court decisions.

Korfa emphasizes that discussions about debts go beyond legal discourse. 'This is a matter of unlocking investment potential. When the sector sees that the state acknowledges its obligations and seeks ways to fulfill them, it fosters new investments,' he added.

It is worth noting that the returned funds will be invested in new projects, as Ukrainian companies demonstrated their responsibility in restructuring the energy sector. Investors also expect the government to develop a clear plan with deadlines for repaying debts for electricity in 2022.

It should be noted that government actions regarding debts to producers of green energy could become a turning point for the development of the renewable energy sector in Ukraine, facilitating the attraction of new investments and increasing the country's energy efficiency.