Ukrainian Energy Exchange LLC (UEEX) announced the first auction for the sale of Guaranteed Buyer’s Guarantees of Origin of Electricity from Renewable Sources (GEO) on December 30 this year.
“10 thousand guarantees from Guaranteed Buyer are offered for sale. The energy source is the sun,” the exchange said on Friday.
The auction for the sale of the PPAs will be held on December 30 at 14:00 on the UEEX platform.
The declared volume of sales is 10 thousand guarantees of origin, which is equivalent to 10 thousand MWh of electricity generated. The starting price for the sale of the Guaranteed Buyer’s Rights is UAH 13 per 1 MWh.
One Guarantee of Origin is equivalent to 1 MWh.
Until now, only Ukrhydroenergo and Guaranteed Buyer have traded in guarantees of origin on the Market Operator’s platform. “Ukrhydroenergo became the first Ukrainian company to receive an account in the Register, document real guarantees of origin on the Grexel platform, and put up the GGE for auction.
According to the UEEX forecasts, the annual supply of guarantees of origin in the form of electricity production from renewable energy sources in Ukraine will amount to about 10 million MWh, of which Guaranteed Buyer’s share will be 8 million MWh, the share of universal service providers (USPs) will be 1.5 million MWh, and other producers will be 0.5 million MWh. At the same time, the market will have growth prospects by 2030 to 20-30 million MWh per year.
