NPC Ukrenergo will procure power system support services in advance from distributed generation facilities under construction, the company’s Chairman of the Board Volodymyr Kudrytskyi has said.
“Ukrenergo will buy power system balancing services from new power plants for 5 years. We will sign contracts with power plants that have not yet been built for 5 years in advance. We will be obliged to buy their balancing services at a price determined at an auction,” Kudrytskyi said.
He announced that the first such auction for ancillary services for investors who were ready to build decentralised generation in Ukraine would take place in a few weeks.
“I really hope that the volume of participants in this auction will be close to the 1 GW that is much talked about,” said the CEO of Ukrenergo.
He explained that having such a long-term contract, investors could get a loan for the construction of generation and, accordingly, would be able to calculate their financial investment models for 5 years ahead. (Ukrinform)