Alexey graduated from Kyiv National Economic University and has been working for IMEPOWER and its predecessor companies since 1995. Alexey is experienced financial, economic and regulatory expert who takes a lead on preparing feasibility studies and market studies for IMEPOWER clients. In particular, he worked on feasibility studies for construction of 700 MW CCGT in Crimea, 40 MW Feodosia CHP, 1,263 MW Dniester HPSP and 1,000 MW Kanev HPSP, adding new units at Kiev CHP-5, Kharkiv CHP-5 and Slavyansk TPP, reconstruction of Mironovka TPP and Tereblya-Rikska HPP, recovery of 750 kV power transmission line from the South Ukrainian NPP to Isaceea, construction of back-to-back stations to expand electricity export from Ukraine.
Alexey participated in 50+ technical assistance projects financed by international financial organizations (EBRD, European Commission, USAID, World Bank) in the capacity of project director and senior expert. In these projects the major focus usually was on reform and liberalization of electricity market, preparation of new tariff methodologies, harmonization of the Ukrainian energy legal and regulatory framework in line with the provisions of EU Directives and Acquis Communitaire, integration of the Ukrainian energy system with ENTSO-E, rehabilitation and modernization of power generating and transmission assets, construction of new power plants.
Currently, Alexey takes a lead on two World Bank funded projects with the Ministry of Energy and Coal of Ukraine dealing with creation of transparent and efficient system for initiation and approval of new construction projects in power sector (power plants, transmission lines, substations) as well as with bringing the energy legislation of Ukraine in compliance with the provisions of the EU Directives in order to comply with the commitments undertaken by Ukraine when joining the Energy Community Treaty.
During last two years Alexey has been responsible for review of financial, commercial and regulatory aspects of renewable projects in the framework of EBRD’s Ukraine Sustainable Energy Lending Facility (USELF). He was directly involved screening of 60+ and due diligence of approx. 10 renewable projects (wind, solar, hydro, biomass, biogas, landfill gas).
Alexey has in-depth understanding of heating sector and participated in preparation of 7 feasibility studies for various municipal district heating companies applying for financing from the EBRD and Nordic Investment Bank. In all these projects, he performed analysis of financial, commercial, regulatory and institutional aspects of operations of the district heating companies, provided recommendations on optimizing tariff setting system and contractual system, was responsible for liaison with management of district heating companies and municipal authorities.
Alexey was involved for 3 years in the independent audit of the Wholesale Electricity Market checking price setting and settlements as a member of the WEM Auditor’s team. In 2003-2005, he was senior economic and regulatory expert in the TACIS project that advised NERC and the Ministry of Fuel and Energy on reform of electricity and gas markets, creation of the special performance monitoring system for energy companies, development of new tariff methodologies for electricity distribution companies and transmission system operator (NEC Ukrenergo).
He also worked as senior financial analyst in USAID Ukraine Energy Privatization Support Project being responsible for valuation of power distribution and generating companies, development of tariff models and new (regulated asset base) tariff methodology, preparation of the strategy for resolution of debt problem in the fuel and energy sector.