State Enterprise «Guaranteed Buyer» expects that by the end of summer, Ukraine will announce the implementation of a «green» auction to support the development of renewable energy in the country and increase investor interest in this industry. This was stated by the director of the state enterprise, Artem Nekrasov, in a comment to ICTV.
The «green» auction is a mechanism that allows renewable energy producers to sell their electricity at a fixed price for a certain period of time. This provides stability and predictability for investors, making it more attractive to invest in renewable energy projects.
According to Nekrasov, the announcement of the «green» auction will be a significant step towards achieving Ukraine’s renewable energy goals. The country has set a target of increasing the share of renewable energy in its total energy mix to 25% by 2035. Currently, renewable energy accounts for only 4% of Ukraine’s energy production.
The «Guaranteed Buyer» is a state-owned company responsible for purchasing electricity from renewable energy producers at a fixed price and selling it to the wholesale electricity market. This ensures that renewable energy producers receive a stable income and encourages them to invest in new projects.
Nekrasov believes that the «green» auction will attract more investors to the renewable energy sector in Ukraine. He stated that the country has great potential for renewable energy development, with favorable climate conditions and a growing demand for clean energy.
The announcement of the «green» auction is also expected to have a positive impact on the country’s economy. It will create new jobs, attract foreign investment, and reduce Ukraine’s dependence on imported energy sources.
The «Guaranteed Buyer» is currently working on the necessary preparations for the implementation of the «green» auction. This includes developing the necessary regulations and procedures, as well as conducting market research to determine the optimal price for renewable energy.
Nekrasov also emphasized the importance of cooperation between the government and the private sector in achieving Ukraine’s renewable energy goals. He stated that the «Guaranteed Buyer» is open to working with both domestic and foreign investors to support the development of renewable energy in the country.
In conclusion, the announcement of the «green» auction in Ukraine is a positive development for the country’s renewable energy sector. It will provide stability and attract more investors, leading to the growth of this important industry. The «Guaranteed Buyer» is committed to supporting this process and looks forward to the successful implementation of the «green» auction in the near future.