Leadership in аction: Ukrhydroenergo first to obtain guarantees of origin for electricity from renewable energy sources in Ukraine
This decision not only opens new opportunities for the development of the company but also underscores the importance of environmental responsibility in the context of European integration. The regulator issued the first guarantees of origin for electricity to Ukrhydroenergo, totaling 96,441 MWh, demonstrating the company's commitment to sustainable development and reducing its carbon footprint.
In August of this year, Ukrhydroenergo became one of the first companies to meet all requirements and complete the necessary procedures to obtain its own account in the Guarantees of Origin Registry, achieving user status. By September, the company actively participated in test auctions for the sale of guarantees of origin for electricity.
“The successful launch of guarantees of origin is an important step in supporting the growth of the renewable energy sector in Ukraine. This achievement is significant not only for the company but for the entire country, as it reflects substantial efforts in transitioning to clean energy. The next step is to organize the trading of guarantees of origin,” said Ihor Syrota, CEO of Ukrhydroenergo.
The confirmation of electricity production from renewable sources opens new opportunities for Ukrhydroenergo and potential buyers of electricity generated by hydropower plants. Specifically, companies that prefer clean energy will be able to anticipate benefits and incentives from the government and international organizations, including tax reductions or participation in programs supporting "green" technologies, making collaboration with Ukrhydroenergo even more attractive.
It is important to note that specialists in the company’s commercial division played a crucial role in developing the necessary documentation to obtain these guarantees, which will facilitate the company’s strategic development and accelerate its integration into the clean energy market.
The confirmation of electricity production from renewable sources is significant not only for the development of green energy but also for complying with modern EU environmental standards. By implementing this initiative, Ukrhydroenergo demonstrates its readiness to actively engage in global efforts to combat climate change and strengthen the country’s energy security.