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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September 6, 2023

Energy market reform in action: USAID ESP joined the meeting between regulators

On September 5th, 2023, in Warsaw, representatives of the National Securities and Stock Market Commission (NSSMC), the National Energy and Utilities Regulatory Commission (NEURC), and participants of the USAID Energy Security Project (ESP) and the EU Future of Commodities Market (EU-FCM) project in Ukraine participated in a joint meeting.

September 4, 2023

Ivano-Frankivsk University launched a modern laboratory with USAID ESP support

Ivano-Frankivsk Technical University of Oil and Gas (IFNTUOG) launched a modern laboratory for installing, adjusting, and operating photovoltaic power plants. The educational laboratory, funded by the USAID Energy Security Project (ESP), will train renewable energy sector specialists in Ukraine and is unprecedented among the education institutions in West Ukraine.

August 31, 2023

The independent technical review of stress-test scenarios for the 2023/2024 winter season

In addition to the normal seasonal price dynamics in natural gas markets, the coming 2023/2024 winter season poses an acute risk of natural gas price volatility in the European Union (EU) spot markets. This volatility is partially driven by reductions in Russian supplies during the last years, and it might become more acute under a prolonged cold winter and if demand is high in other global gas markets. This situation would reduce gas affordability for EU customers and might cause negative economic consequences for the EU member states.

August 29, 2023

USAID ESP helps to improve the daily gas balancing market in Ukraine

On August 28, 2023, the USAID Energy Security Project and the Gas Transmission System Operator of Ukraine held a kick-off meeting of the Gas Market Balancing Analysis Project (GMBA Project).

August 18, 2023

USAID ESP resumes the project to assist in restoring Ukraine’s energy sector

On August 16th, the USAID Energy Security Project (ESP) launched a project called "Resource Adequacy Assessment of the Integrated Power System of Ukraine" (RAA Project) aimed at preparing scenarios and plans to renovate the electricity system and develop investment promoting mechanisms to address short, medium, and long-term needs in compliance with the methodology proposed by the Agency for the Cooperation of Energy Regulators (ACER).

August 17, 2023

USAID ESP launched a series of webinars about cogeneration units

The USAID Energy Security Project (ESP) has launched a series of events to give district heating companies (DHCs) thorough guidance and instruction about cogeneration units (CGUs). USAID ESP's technical assistance will help DHCs prepare for the 2023-2024 heating season.

August 15, 2023

The USAID Energy Security Project supports the Ukrainian energy market coupling with the EU

At the beginning of August, the USAID Energy Security Project (ESP) launched the Roadmap and Capacity Building on Electricity Market Coupling Activity aimed at helping the National Energy and Utilities Regulatory Commission (NEURC), Market Operator, and NPC Ukrenergo to implement the market coupling process.

August 14, 2023

New heat supply scheme for Lutsk: cogeneration will change it all

Lutsk City Council has adopted the Heat Supply Scheme (HSS) for 2023-2032. The USAID Energy Security Project (ESP) supported the development of the Scheme as part of a Program helping municipal stakeholders implement reforms improving resilience, technical optimization, energy efficiency, and the environmental sustainability of heat supply systems.

August 10, 2023

USAID ESP discussed Four Pillars of Integrated Energy Trading with Verkhovna Rada of Ukraine

On August 9th, 2023, the USAID Energy Security Project (ESP) and Verkhovna Rada's Committee on Energy, Housing, and Utilities conducted a joint coordination session on further reforms of Ukraine's energy markets.