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ARTICLE · 06 JUNE 2020

Energy Sector Of Ukraine: Main Changes

Last week several important decisions have been made regarding both the electricity and the gas markets in Ukraine.

UkraineEnergy and Natural Resources

Last week several important decisions have been made regarding both the electricity and the gas markets in Ukraine. The changes anticipated by the list of measures to stabilise the energy sector, approved by the Anti-Crisis Energy Headquarters, have been introduced to the public service obligations (the "PSO") mechanism. Changes regarding the information platforms of the gas transmission system and the underground gas storages aim to simplify the use of the underground storage and short-haul services.

Changes in the PSO mechanism of the electricity market

On 20 May 2020, the Cabinet of Ministers of Ukraine issued a new version of the Regulations on assignment of special obligations on electricity market participants to ensure public interests in the electricity market activities, originally approved by the CMU Resolution No. 483 of 5 June 2019 (the "PSO Regulations").

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