Energy News

Governement

On February 21, 2020, Prime Minister Oleksiy Honcharuk reported to the Verkhovna Rada of Ukraine on the Government’s activities.

The progress report and the results of the implementation of the Program of the Cabinet of Ministers of Ukraine in 2019 can be viewed athttp://bit.ly/32jgTvt.

While reporting on the Government’s activities in the field of energy, the Prime Minister stated that the Government see the problems with high levels of “green” tariffs, but did not want to change the rules for investors retrospectively.

Read more: http://bit.ly/2PjYjy5

Ministry of energy

Presentation of the Ministry of Energy and Environmental Protection of Ukraine on the results of 2019 and plans for 2020.

Among the plans for 2020, the Ministry states:

in the RES sector:

green transition to 2050; updating the Energy Strategy; approving an Integrated plan for energy development and climate change by 2030; introduction of “green” auctions, reform of the environmental tax into the CO2 tax in 2020; Solving the Guaranteed Buyer Deficit Problem; approval of a phased schedule for bringing electricity prices for the population to the market level to eliminate cross subsidies and the abolition of PSO for the population;

the Ministry’s plans are somewhat contradictory: on the one hand, the green transition to 2050, introduction of the share of RES in Ukraine’s energy mix and sustainable development of renewable energy, on the other hand, proposals for voluntary restructuring of the “green” tariff, reduction of terms of introduction of RES objects and no compensation on curtailment of RES electricity, if needed to ensure operational safety and balance reliability of Power System.

in Energy Efficiency sector:

Adoption of the Law on Energy Efficiency in accordance with EU Directive 27/2012 / EU and introduction of preferential green credits in support of enterprises, ESCO companies, construction of electromobile infrastructure, accumulation of green energy.

Presentation is available via the link: http://bit.ly/39Q26Lk

NEURC

At its meeting on February 25, 2020, the Regulator will consider, inter alia, the issue of amending the Market Rules and the Day ahead and Intraday Market Rules.

Amendments to the Rules of the DAM and IDM will relate to changes in the minimum and maximum load times. It is proposed to accept the maximum load period not from 8, as now, but from 7, to 23. According to the information of the Market Operator from 07:00 to 08:00 there is a significant shortage of offers, so at this hour deviation of actual prices from the marginal prices is minimal.

Changes to the Market Rules relate to a number of issues: working in the balancing market – procedures for changing the balancing group, clarifying payments for imbalances, monitoring activities on the BR and others.

Read more: changes to Market ruleshttp://bit.ly/2T5Yzlc

                    changes to DAM and IDM rules: http://bit.ly/32lSJQL

SE “Energorynok”

According to the Analytical note on the movement of funds for the period from 01/07/2019 to 01/02/2020 of SE “Energorynok”, the company pays monthly its debt to market participants, which arose in June 2019. Thus, during this period Energorynok transferred to producers of RES 1.85 billion UAH.

Read more: http://bit.ly/2VdLN6V