The Cabinet of Ministers of Ukraine approved a resolution enabling the state enterprise Guaranteed Buyer to sell electricity purchased from producers utilizing renewable energy sources (RES) not only on the domestic market but also on the European market.
It is noted that this will increase the efficiency of implementing the green electricity transition, reduce offloading by RES producers in surplus conditions, and improve the Guaranteed Buyer’s ability to make settlements with investors.
“Since the beginning of the Great War, the enemy has occupied, damaged, or destroyed about 50% of our energy infrastructure, including RES. At the same time, in two years, we managed to add more than 600 MW of RES capacity to the energy system, which is important for balancing the system and, at the same time, an indicator that we have chosen correctly and are on the way to the development of clean energy”, said Minister of Energy German Galushchenko.