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Guaranteed Buyer signs contracts with Energoatom, Ukrhydroenergo for PSO implementation under new model from Oct 1

KYIV. Sept 15 (Energy Reform) – The state-owned enterprise Guaranteed Buyer has signed contracts with Energoatom and Ukrhydroenergo necessary to provide the population with affordable electricity within the framework of the new model of public service obligations (PSO), the enterprise reported on the website on Wednesday.

The contracts, which are a requirement of government resolution No. 859 of August 11, 2021 on a new PSO model, were signed on September 10 with Ukrhydroenergo, and on September 14 with Energoatom, the state-owned enterprise said.

It also noted that the signing of contracts with universal service providers is now continuing.

Guaranteed Buyer drew attention to the fact that the PSO mechanism according to the financial model will start operating on October 1, and the company remains in the list of market participants involved in it.

As reported, the Cabinet of Ministers, within the framework of new obligations to provide electricity to the population, obliged the generating companies Energoatom and Ukrhydroenergo to sell the produced resource in the market, and then compensate the companies supplying electricity to the population for the difference in a market price and a fixed tariff of UAH 1.44 per kWh and UAH 1.68 per kWh through Guaranteed Buyer, and also obliged the operators of distribution systems to buy electricity from Energoatom for technological outlays at UAH 1,700 per MWh.