Ukrenergo to initiate increase in electricity transmission tariffs if funds for renewable energy generation exhausted – CEO
NPC Ukrenergo will appeal to the National Commission for State Regulation of Energy and Public Utilities to increase the electricity transmission tariff if funds for settlements with renewable energy generation facilities (RES) are exhausted.
This was announced by Vitaliy Zaychenko, Chairman of the Board of NPC Ukrenergo, in a blitz interview with the Interfax-Ukraine agency’s energy project, Energoreform.
"We clearly understand that there will be a shortage of funds. They haven’t been exhausted yet, but they’re already on the brink. (...) As soon as they run out, all market participants will know about it, and we will contact the regulator with a request to review the current transmission tariff," he said.
According to the head of Ukrenergo, this applies not only to industrial renewable energy generation but also to domestic solar power plants, since all payments come from a single source – the electricity transmission tariff.
