Debts to the energy market have reached 46 billion hryvnias; Ukrenergo is preparing changes
Debt in Ukraine’s balancing electricity market has risen to 46 billion hryvnias and reached a critical level. Ukrenergo has stated that a systematic solution to the problem is needed. According to the company, the debt is accumulating due to a number of consumer categories that are not paying their electricity bills in full.
This was reported with reference to a statement by Vitaliy Zaychenko, Chairman of the Board of NEC "Ukrenergo," in an interview with "Interfax-Ukraine."
In this regard, Ukrenergo has announced changes to energy market regulations intended to help stabilize the situation.
According to him, as of today, the debt of balancing market participants to "Ukrenergo" has already exceeded 46 billion UAH, which is one of the highest figures since the market’s inception.
"The debt to NPC Ukrenergo in the balancing market currently stands at 46.5 billion hryvnias," Zaychenko said.
At the same time, he noted that the company’s own debt to market participants is significantly lower, amounting to 25.8 billion hryvnias.
He added that specific steps are currently being developed to stabilize the situation, which include both amendments to Cabinet of Ministers resolutions and legislative initiatives.
"Work is underway on this issue. Measures are being developed; they have now been finalized. There is a draft of amendments to Cabinet of Ministers resolutions, which are currently being approved by central executive authorities," Vitaliy Zaychenko noted.
He clarified that the key goal of these decisions is to stop the further accumulation of debt and stabilize the financial situation in the market.
Specifically, this involves addressing the issue of consumers who consistently fail to pay for electricity but cannot be disconnected—including certain water utilities, consumers in frontline regions, and military facilities.
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