20:58 26.09.2024

Govt approves principles of trading activities of Guaranteed Buyer – Energy Ministry

1 min read
Govt approves principles of trading activities of Guaranteed Buyer – Energy Ministry
Photo: https://www.facebook.com/minenergoUkraine

The Cabinet of Ministers of Ukraine approved the main principles of the trading policy of SOE Guaranteed Buyer.

As the Energy Ministry said in Telegram on Thursday, the resolution developed by the ministry is aimed at maximizing the income of Guaranteed Buyer, achieving balanced and responsible activities, ensuring fair competition, developing renewable energy, cooperation and integration with related electricity markets.

It is noted that the main provisions of the document approve the principles of the SOE's trading policy and the main directions of their implementation, in particular, how the enterprise will carry out operations for the purchase and sale of electricity in different market segments (under bilateral agreements, on the day-ahead market, on the intraday market, to settle imbalances and conduct export operations).

"Green transformation and development of renewable energy is one of the priorities of government policy in the energy sector. Determining the principles of the Guaranteed Buyer trade policy is an important prerequisite for ensuring stable functioning of the market and the sale of electricity generated from renewable sources," Energy Minister Herman Haluschenko said.

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