In an effort to streamline and consolidate its monitoring functions under the Energy Community Treaty with regard to Ukraine, the Energy Community’s largest member currently suffering from a war of aggression by the Russian Federation, the Secretariat created the Ukraine Energy Market Observatory. The Observatory will closely follow and review all developments related to the energy market and corporate governance in Ukraine. In full respect of confidentiality requirements, the assessments will be published and made available to domestic and international stakeholders involved. This will support the further integration of the Ukrainian energy sector with Europe and help building trust in a predictable and transparent governance in line with European practices.
In performing its tasks, the Ukraine Energy Market Observatory relies on all available sources of information. All stakeholders are invited to contribute to the reporting by submitting information to the Secretariat. Full confidentiality of your submission is ensured by the Energy Community Secretariat.
In January 2023, the Energy Community Secretariat established the Ukraine Energy Market Observatory to streamline and consolidate its monitoring functions under the Energy Community Treaty with regard to Ukraine and its commitments. A half a year later, the Secretariat released the first quarterly Ukraine Energy Market Observatory report. The quarterly reports summarize the activities under the Observatory for the given reporting period.
Document Name Countries Categories Published on Ukraine21.08.2023 Ukraine19.06.2023
- Q4/2023 Assessment Notes
24 October 2023: Assessment Note 18/2023
Compliance assessment of the compliance by the Ukrainian electricity TSO Ukrenergo with the unbundling requirements of Directive 2009/72/EC
- Q3/2023 Assessment Notes
21 August 2023: Assessment Note 16/2023
Assessment of draft Law No 9024-d of 28 June 2023 “On Minimum Reserves of Oil and Petroleum Products” voted by the Verkhovna Rada of Ukraine on 10 August 2023 in the first reading.
04 August 2023: Assessment Note 15/2023
Assessment of legislative and regulatory risks related to storing gas in Ukraine by non-Ukrainian operators and measures aimed at their reduction and mitigation.
21 July 2023: Assessment Note 14/2023
Assessment of the Law of Ukraine “On Amendments to some laws of Ukraine regarding the prevention of abuse in the wholesale energy markets” of June 10, 2023 No. 3141-IX (hereinafter - the “REMIT Law”) transposing into Ukrainian legislation provisions of the Regulation of the European Parliament and Council (EU) No. 1227/2011 of October 25, 2011 on wholesale energy market integrity and transparency.
14 July 2023: Assessment Note 13/2023
Assessment of recent decision of National Energy and Utilities Regulatory Commission (”NEURC”) No 1126 of 27 June 2023 (“Resolution No 1126”), establishing new levels of price caps on the dayahead market (”DAM”), intraday market (“IDM”) and balancing market (“BM”).
10 July 2023: Assessment Note 12/2023
Assessment of the draft Procedure for conducting public consultations by the transmission system operator during the development of the cross-border capacity allocation rules and determination of the capacity allocation structure as requested by the National Energy and Utilities Regulatory Commission.
- Q2/2023 Assessment Notes
21 June 2023: Assessment Note 11/2023
Compliance assessment of NEURC Resolution No. 182 of 31.01.2023 “On adoption of and amendments to some NEURC Resolutions” (hereinafter “Resolution 182”), requested by the Ukrainian Energy Regulator National Commission for State Regulation in the Spheres of Energy and Communal Services (hereinafter “NEURC”).
19 June 2023: Assessment Note 09/2023
Compliance assessment of the draft Law of Ukraine “On amendments to the Law of Ukraine “On Electricity Market” regarding the coupling of the Ukrainian market and the European Union markets” provided by the Ministry of Energy of Ukraine.
02 June 2023: Assessment Note 08/2023
Compliance assessment of the draft Law of Ukraine "On Amendments to Certain Laws of Ukraine Regarding the Restoration and Green Transformation of the Energy System of Ukraine" provided to the Secretariat by the Committee on Energy, Housing and Utilities Services of Verkhovna Rada of Ukraine.
16 May 2023: Assessment Note 07/2023
Assessment of the draft amendments to the Law “On the Electricity Market” related to the harmonization of the rules for the cross-border capacity allocation published by NEURC for public consultation on its website.
02 May 2023: Assessment Note 06/2023
Assessment of draft amendments to the Law “On the Electricity Market” related to the harmonization of the rules for cross-border capacity allocation subject to discussion by the Committee on Energy, Housing and Utilities Services of Verkhovna Rada within draft Law No. 5322 and provided to the Secretariat by the NEURC.
25 April 2023: Assessment Note 05/2023
Compliance assessment of the draft amendments to the Methodology for determining the available cross-border capacity of interstate crossings (interstate electrical networks of Ukraine), approved by NEURC Resolution No 893 of 23 August 2018.
- Q1/2023 Assessment Notes
24 March 2023: Assessment Note 04/2023
Assessment of the draft amendments to the Law “On the Electricity Market” related to the harmonization of the rules for the cross-border capacity allocation provided by the NEURC
22 March 2023: Assessment Note 03/2023
Analysis of Resolution No. 1 of Cabinet of Ministers of Ukraine of 3 January 2023 on the peculiarities of the import of electricity during the autumn-winter period of 2022/2023 under the conditions of the legal regime of martial law in Ukraine.
14 February 2023: Assessment Note 02/2023
Analysis of the amendments to NEURC Resolution No 332 related to Financial Guarantees in the Electricity Balancing Market, and the Recommendations of the Antimonopoly Committee of Ukraine.
26 January 2023: Assessment Note 01/2023
Analysis of Resolution 1689 of NEURC of 17 December 2022 on the settlement of urgent issues of ensuring security of supply and prevention of an emergency situation in the energy system of Ukraine.
- Letters to the authorities
Letters to the Ukrainian authorities
Document Name Categories Published on27.01.2023