The debt to renewable energy sources is decreasing but requires final settlement, investors say.

The National Commission for State Regulation of Energy and Public Utilities, the Cabinet of Ministers, and the Verkhovna Rada need to expedite the implementation of measures to normalize settlements in the renewable energy sector. Member companies of the Energy Committee of the European Business Association welcome the decisions and steps taken that improve the situation with payments to investors in the renewable energy sector. Participants in the renewable energy market note an increase in confidence regarding the state’s implementation of its strategic goals in the field of green energy. Investors are ready to build new facilities if their financing is stable and complete. However, the existing debt of 23 billion hryvnias complicates the implementation of new projects. Investors emphasize the need to return these funds, as they will be reinvested in the construction of new wind power plants and energy storage systems. It is noted that as of 2022, the debt amounted to 14 billion hryvnias (63% settlement level), and significant debt amounts also remain for the coming years. Investors call on the state to fulfill its obligations to them and seek ways to resolve the debt situation. This is necessary for the maximum restoration of Ukraine's energy potential and to enhance energy security. The Ukrenergo company plans to repay all accumulated debts to electricity producers from renewable sources by the end of 2025.