KYIV, June 20 – The Rotterdam + formula de facto is not applied for calculating the price of coal in the production cost of thermal power plants (TPPs), representative of the Ukrainian president in the government Andriy Gerus has said.

"The heat generation tariff is based on the residual principle. And due to the resonance around this formula, a number of decisions were made that led to the fact that there was not much money left for heat generation, that is, less than is needed to cover this Rotterdam + formula," he said on Ukrainian Radio on Wednesday.