Guarantees of origin: what opportunities does the new instrument open up for the market and consumers

Guarantees of origin for electricity from renewable sources (GOs) are becoming an important tool for confirming the production and consumption of environmentally friendly energy. They open up new opportunities for market participants and consumers, ensuring transparency and trust in the energy sector.

During the meeting, we will discuss how the circulation and trade of GOs will take place in Ukraine, what value GOs can represent for suppliers and end consumers, how GOs will stimulate investments in the green sector and shape demand for environmentally friendly energy. In particular, we will consider the issue of starting the functioning of the Register of GOs in Ukraine and the necessary steps for the recognition of GOs in EU countries.

The expert discussion aims to facilitate dialogue between key market participants, highlight the potential benefits and challenges associated with the implementation of GOs, and find solutions to overcome existing barriers.

Questions for discussion:

• What value do guarantees of origin have for business and consumers?
• How can guarantees of origin stimulate investments in the green sector?
• What mechanisms for circulation and trade in guarantees of origin are planned in Ukraine?
• What is the role of the Guaranteed Buyer in the guarantees of origin market?
• How to ensure the recognition of Ukrainian guarantees of origin in EU countries?

Moderator:

• Andriy Kulykov, journalist, TV and radio host, media expert

Speakers:

• Igor Bogachev, Head of Strategy and Development Department, UEB LLC
• Vyacheslav Babich, Deputy Director of the Department for Commerce of PJSC “Ukrhydroenergo”
• Yurii Fedak, Deputy Director for Development of Eco Optima
• Kostiantyn Taranets, Senior Manager of the Sustainability Practice of Ernst & Young in Ukraine