Ukraine’s Parliamentary Committee for Fuel and Energy and the National Committee of Regulation in Energy and Public Utilities Sector clearly show intentions to continue reforms in Ukraine’s energy sector. However, in order to carry on successfully, all branches of power should join forces and negotiate over the roundtable. Marina Petrov, the EBRD Deputy Director in Ukraine said this in an interview with one of the Ukrainian media.
According to the official, teamwork means a lot on this stage of reforms in this sector. She added that the Bank’s important mission in this regard is to assist members of all branches of power in Ukraine to continue the negotiations, which, in turn, would allow continuing reforms in the energy area.
Previously, the National Committee of Regulation in Energy and Public Utilities Sector approved several decrees that are necessary to implement the electric energy market in Ukraine. The respective law, which defines the new model of this market in Ukraine, took effect in June 2017. The bill foresees implementation of the energy market under provisions of the EU’s Third Energy Package. In order to implement the law, over 100 documents need to be developed and approved by the Parliament. Separate bills are to be finally approved in December 2017 and June 2018.
