Hearings “On Reforms in Energy Sector in 2015” were held in the Committee on Fuel and Energy Complex, Nuclear Policy and Nuclear Safety

Information Department of the Verkhovna Rada of Ukraine Secretariat
19 February 2015, 16:53

Opening hearings, Chairperson of the Committee Mykola Martynenko said: “Having signed the Agreement on membership in Energy Community, Ukraine has committed itself to start applying rules of the EU’s Third Energy Package since January 1, 2015. That is why law-making activity in energy sector aims to implement the Third Energy Package. 

Mykola Martynenko stressed that in order to reform energy and gas sectors of Ukraine, it is necessary to adopt several complex laws, particularly, the Law on the National Commission for State Energy and Public Utilities Regulation.

According to him, it is important to adopt a new law on the gas market. The people’s deputy informed that at the end of 2014 a new bill was elaborated and it should replace the applicable Law of Ukraine of 2010 “On the Principles of Functioning of Natural Gas Market”, as soon as it is adopted. 

“The Government should refer this bill to the Verkhovna Rada and we will work on this document to adopt it in entirety as a Law prior to the end of this session,” stressed the people’s deputy. 

Mykola Martynenko attached attention of those present to the fact that the Law “On the Principles of Functioning of Electric Power Market” was adopted at the end of 2013.

“Introduction of a new model of energy market is an important step for Ukraine on the way to reforming our energy sector in line with the EU requirements. At the same time, experts say that in order to ensure practical implementation of market rules, this law should be seriously amended,” noted the Committee Chair.

It was stressed that legislation in the sphere of electricity generation from alternative renewable sources needs to be refined. The speakers noted that Committee members have already elaborated such a draft law.

Participants of the hearings focused attention on the fact that increasing energy efficiency in all branches of Ukrainian economy should be the top priority task for the state.

Mykola Martynenko stressed also that “stable and predictable fiscal mode is most important in terms of promoting successful implementation of any reforms.”