Ukraine: National Commission for State Regulation of Energy and Public Utilities of Ukraine certifies Ukrenergo as a TSO

Ukraine

On 17 December 2021, the National Commission for State Regulation of Energy and Public Utilities of Ukraine (NEURC) issued its final decision on the certification of the Joint Stock Company National Power Company Ukrenergo (Ukrenergo), certifying it a transmission system operator (TSO) under the ISO model.

The final decision on Ukrenergo's certification was taken based on Energy Community Secretariat (Secretariat) Opinion 4/21 pursuant to Article 3(1) of Regulation (EC) No 714/2009 and Article 10(6) of Directive 2009/72/EC-Ukraine – Certification of Ukrenergo. On 25 November 2021, the Secretariat confirmed that Ukrenergo is unbundled according to the requirements of acquis communautaire and Energy Community acquis, and thus could be certified as an electricity transmission system operator.

Certification of the transmission system operator confirms its compliance with the Law of Ukraine "On the Electricity Market" and the Directive 2009/72/EU, the implementation of which is part of Ukraine's international obligations under the Energy Community Treaty and the Association Agreement between Ukraine, on the one hand, and the European Union, the European Atomic Energy Community and their Member States, on the other.

Certification is one of the conditions for synchronising Ukraine's power grid with the European Network of Transmission System Operators for Electricity (ENTSO-E). Integration with ENTSO-E is expected to enhance the Ukrainian electricity market and ensure Ukraine's energy independence.

According to the Ukrenergo`s official website, Ukrenergo will apply for observer membership at ENTSO-E in the near future.

For more information on the Certification Law, contact your regular CMS advisor or local CMS expert: Maria Orlyk, Vitaliy Radchenko.

Source: NEURC Final Certification Decision dated 17 December 2021, Energy Community Homepage (energy-community.org), NPC Ukrenergo has been certified as the European-style transmission system operator in accordance with the ISO model | НЕК "УКРЕНЕРГО" (ua.energy)