Settling debts with renewable energy investors will provide an additional source of funding and an incentive for the recovery of Ukraine’s energy infrastructure, said Yevhen Korf, CEO of NVP «ENERGO-PLUS» LLC. «Restoring the energy system is no longer just an infrastructure task. It is a matter of resilience, security and trust in the state», he emphasized.
He pointed out that, according to data from industry associations, the debts owed to «green» electricity producers have reached UAH 22 billion. The largest shortfalls occurred in 2022 (63%) and 2024 (87%). Currently, the debt owed by NPC «Ukrenergo» to the state-owned enterprise «Guaranteed Buyer» amounts to UAH 16.3 billion.
Korf explained that the investors had appealed to the National Commission for Energy and Utilities Regulation (NEURC) with a call to help resolve the debt problem. Namely: to declare the formula for calculating imbalances for 2021-2022 unlawful, to establish a mechanism for settling the debt and to approve a new formula that takes court rulings into account.
In Korf’s view, the dialogue regarding the debts extends beyond the legal framework.
«This is about unlocking investment potential. When the sector receives signals that the state acknowledges its obligations and is seeking mechanisms to fulfill them, it acts as a guarantee for new capital inflows», – he stressed.
He also added that the returned funds would be reinvested into new projects, as Ukrainian businesses have repeatedly demonstrated their responsibility in rebuilding the energy sector.
Source: TSN.
