A field of wind turbines belonging to DTEK Renewables, the biggest player in Ukraine’s renewable energy market. The Cabinet of Ministers is trying to resolve a crisis in this sector by getting renewable investors to agree to a tariff cut in exchange for the government paying back its outstanding debts to their companies.

It’s been called the biggest financial crisis in Ukrainian energy in recent memory.

Power companies are not getting paid. The grid operator groans under massive debt. And industry is made to subsidize forty million domestic consumers, who keep being promised that their power bills will come down even more.

Source: www.kyivpost.com

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