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...
September 19, 2023
USAID ESP launched a series of workshops focusing on the Electricity Market Coupling Activity
On September 11, 2023, the USAID Energy Security Project (ESP) and EPEX SPOT teams conducted the first workshop within the Roadmap and Capacity Building on Electricity Market Coupling Activity, gathering more than 80 participants from Ukraine’s energy sector and international institutions implementing Ukraine’s electricity market reforms.
The Electricity Market Coupling Activity aims to help...
September 13, 2023
NEURC Resolution, supported by USAID ESP, will facilitate electricity exchange with Poland, Slovakia, and Hungary
On September 12, 2023, the National Energy and Utility Regulatory Commission (NEURC) adopted the resolution “On Approval of the Cross-Border Capacity Allocation Rules for Ukraine – Poland, Ukraine – Slovakia and Ukraine – Hungary directions.”
September 12, 2023
Market Operator successfully re-confirmed its anti-corruption certificate: USAID ESP funded independent audit
The Joint-Stock Company Market Operator (JSC MO) is responsible for selling and buying electricity on the Day-Ahead Market (DAM) and the Intraday Market (IDM) and helps to balance demand and supply in the electricity market.
September 11, 2023
USAID ESP helps the Ukraine Energy Support Fund to procure equipment
Since April 2022, the USAID Energy Security Project (ESP), acting as an independent procurement agent under the Ukraine Energy Support Fund (UESF), has helped to procure and provide equipment to meet the urgent needs of Ukraine’s energy sector to rebuild and repair infrastructure damaged by Russia’s attacks.
September 9, 2023
USAID Energy Security Project supports the energy resilience of local communities
To build the long-term energy resilience of local communities, the USAID Energy Security Project (ESP) conducted a webinar on potential alternatives to natural gas in district heating to help municipal leadership strategically plan energy sector development, specifically heat systems.
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.
