EUEA organized a meeting on the decision of the Constitutional Court of Ukraine in relation to the NEURC

Today, on the 5 of July, 2019, on the initiative of the European-Ukrainian Energy Agency (EUEA), a meeting was held with the EU Delegation, the Energy Community, NEURC, Parliament, the DiXi Group, USAID, on the decision of the Constitutional Court of Ukraine dated June 13, 2019, No. 5-p/2019 in the case concerning the National Energy and Utilities Regulatory Commission that has resolved that certain provisions of the Law of Ukraine On the NEURC are unconstitutional and will become invalid beginning of December 31, 2019.

The meeting was attended by:

From EUEA – Director, Oleksandra Gumeniuk,  project coordinator, Olga Bondarenko; EUEA members: Eugenia Zagumennova-Krupovich, IMEPOWER; Tetiana Kovalenko, Indian Solar, Yaroslav Petrov – law consultant of Ukraine Power Recources, Asters; from EU Delegation to Ukraine - Johannes Baur and Olga Simak; NEURC Commissioners – Olena Antonova and Oleksandr Formagei; from the USAID “Energy Security Project of Ukraine” - Sukru Bogut and Svitlana Golikova, from Energy Community Kyiv Office - Tetiana Mylenka; Irina Komarida assistant of Olga Bielkova, Parliament member; Roman Nitsovych, DIXI Group.

The purpose of the meeting was to determine the way to return the legal status of the Regulator after January 1, 2020 and the steps needed to do this.

At the moment the participants agreed that the most correct solution would be to amend the Constitution of Ukraine and the Law on the Regulator for a comprehensive and final solution of the problem not only with the NEURC, but also with other Regulators who are in the same status.

The meeting participants agreed that this is just the beginning of the negotiation process to address this undoubtedly crucial issue for the Regulator and all market participants that the Commission regulates. Especially during the introduction of a new electricity market, changes in the support system for electricity producers with RES, when the entire industry is under the focus of not only Ukrainian stakeholders and market participants, but also the European and World community, financial institutions, potential investors. Meeting participants have agreed on the preparation of agreed proposals for a plan of follow-up actions.

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