News

USAID ESP Helps NEURC to Enhance Its Capacity to Implement REMIT

Ukraine's energy markets require considerable reforms to ensure their transparency and independence, strengthening energy security and paving the way for Ukraine’s integration with European markets. The Regulation on the Integrity and Transparency of the Electricity Wholesale Market (REMIT—EU Regulation 1227/2011) is an integral part of this reform.  

The REMIT concept is new for Ukraine and...

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моніторинг ринку електроенергії

December 1, 2021

USAID ESP helps NEURC to enhance the monitoring of the electricity market in determining market concentration indicators

The United States Agency for International Development (USAID), through the Energy Security Project (ESP), works in close cooperation with the National Energy and Utilities Regulatory Commission (NEURC) to determine the level of market concentration. These joint efforts resulted in an automated system to calculate the indices and indicators used in electricity market monitoring. The new system employs the Tableau Software purchased by USAID ESP to support market monitoring by NEURC. Since late September 2021, these calculations are used for official real-time monitoring of the electricity market. It is a good example of the practical support being provided to the Regulator by USAID ESP.

Віталій Мірошниченко, спеціаліст з газових питань USAID ПЕБ

November 22, 2021

How to become a part of the USAID ESP Team? From intern to a specialist!

Vitalii Miroshnychenko joined USAID Energy Security Project (ESP) in 2019 as an intern. Within a year, he had been promoted to a gas sector specialist and had become a key member of the Project’s Gas Team. We asked Vitalii about his path to energy and, particularly, to the ESP.

November 15, 2021

USAID supports Ukraine’s Electricity Market Operator to fight corruption

A significant step has been made toward building pubic trust in Ukraine’s energy markets. The state company Market Operator (MO) has gone through a process of reform supported by USAID to implement International Financial Reporting Standards (IFRS) and fight corruption. As a result of these efforts the MO earned internationally recognized certification for their anti-corruption management system. 

November 8, 2021

Benefits of Open Data in the Energy Sector

Open data ensures equal and transparent conditions and easy access to knowledge in the energy market. They help market participants to make informed and responsible decisions. At the same time, open data serve as an effective means of public control over market participants, helping to counter corruption, improve government services, and develop new services and tools. Dozens of products, online services, analytical modules, applications, and chatbots have been developed based on open data. Millions of people use these resources every month. Let’s have a look how it works.

October 28, 2021

USAID ESP and the Ministry of Communities and Territories Development of Ukraine presented the Manual on Development of Heat Supply Schemes of Residential Settlements

USAID ESP and the Ministry of Communities and Territories Development of Ukraine presented the Manual on Development of Heat Supply Schemes of Residential Settlements

USAID Energy Security Project (ESP) and the Ministry of Communities and Territories Development of Ukraine presented the Manual on Development of Heat Supply Schemes of Residential Settlements to two hundred representatives of DH...

October 28, 2021

Energy Security Project and UN Sustainable Development Goals

In September 2015, the leaders of 193 UN member-states agreed to the Sustainable Development Goals (SDGs) that became effective in January 2016. They will lay the basis for the policy of the United Nations Development Program (UNDP) during the next 15 years.

Ukraine adapted the global goals and in September 2017, presented a national report “Sustainable Development Goals: Ukraine”. On...

October 19, 2021

Integration of Ukrainian and EU Electricity Markets: What Are the Benefits for Ukraine?

The integrated power system of Ukraine (IPSU) currently works synchronously with Russia, Belarus, and Moldova. Today, only a small part of the Ukrainian power system – Burshtyn Energy Island (BEI) – is physically connected to European Union countries. BEI operates separately from the IPSU, so in the process of Ukraine’s overall synchronization with the European system, BEI will be connected to the IPSU. Connecting to the European network is key to reforming Ukraine's energy sector and will help balance the power system and reduce dependence on Russia. As a result of power system synchronization, Ukrainian electricity generators will gain access to new solvent markets, and Ukrainian traders and electricity suppliers will be able to diversify their resource portfolio, thereby increasing market competition and ensuring balanced operation of different segments of the Ukrainian electricity market. So, what will synchronization with the European system mean for Ukrainian consumers? Synchronization with the European energy market will give Ukrainian end consumers access to new suppliers at competitive prices, and thus provide reliable and high-quality electricity.

October 11, 2021

We Encourage Youth to Build Careers in Energy and Power Engineering

A poll of Ukrainian students by the NGO Center for Corporate Social Responsibility (NGO CSR Ukraine) found that just one percent are interested in a career in energy. Among other barriers, gender stereotypes deter girls from pursuing energy jobs: many people still feel that energy is a male business and not a career option for women. When girls and women hear these stereotypes and opt out of energy professions, it reinforces the gender imbalance in the sector, creating a cycle of exclusion.

October 5, 2021

Market Concentration in the Burshtyn Electricity Trading Zone: Analysis and Recommendations of the ESP’s Experts.

On September 29, 2021, during a roundtable on “Market Concentration in the Burshtyn Electricity Trading Zone,” experts from the USAID Energy Security Project (ESP) and the Energy Community Secretariat presented an analysis and recommendations on market concentration in the wholesale electricity market and how to facilitate its liquidity. The analysis and recommendations were prepared at the request of the National Energy and Utilities Regulatory Commission (NEURC). After the presentation, a lively discussion took place on developing mechanisms and approaches to address concentration in the wholesale electricity market and facilitate improved liquidity, as well as possible ways to ensure competition and promote market development.