Tuesday, November 16

The “Guaranteed Buyer” paid UAH 16.3 bln ($62 mln)

for electricity from renewable sources. The state-owned enterprise has recommenced payment for “green” kilowatt-hours purchased in the past and current years. “Thanks to the joint efforts of the state and the Guaranteed Buyer, they are fulfilling their obligations and continuing the calculations,” said the newly appointed Director, Vadim Ulida.

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According to the Ministry of Energy, coal reserves in the warehouses of Ukraine fell below 400,000 tons.

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The starting price of natural gas fell by 7% last week.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment