The energy market needs to be launched from July 1, without any hyphens, – Chairman Ukrenergo

Энергорынок должен быть запущен с 1 июля без каких-либо переносов, - председатель Укрэнерго

New European electricity market has to be run without any breaks 1 July 2019

This at a press conference in UKRINFORM said the Chairman Ukrenergo Vsevolod Kovalchuk, writes “Obozrevatel”.

“We unquestioningly adhere to this particular version, is that the market has to be launched from July 1, without any breaks. There is some doubt that the quality of the documents that we receive immediately before the start of the market, will be enough. This does not mean that the market cannot run. This does not mean that it will be impossible already in the process of the market to take appropriate decisions of the regulator, the Cabinet of Ministers or even changes in the law. So many countries have developed the market, it’s never one hundred percent ready,” he said.

According to the Chairman of Ukrenergo, now a lot of talk about the postponement of the launch market, in particular it will be considered may 15 by the Committee. However, the postponement of the launch of the market will not solve the current problems.

“Our position is that a simple postponement of the date of the market is inappropriate story. Because of the period in which they plan to transfer, it is necessary to overcome the problems that arose. If just for 2 years to migrate and leave everything as it is, with broken coordination of this implementation, the type of interaction with the existing rules of the market, which will continue to operate in accordance with the electricity act, we will not achieve the goal. We are again in a year or 9 months, or two years we will gather and say, we must move the market, because there are certain drawbacks”, — he stressed.

As reported, from July 1, 2019, the planned introduction of the new electricity market in Ukraine, which implementeret the rules of the third energy package Evropeiskogo Union. The timely market introduction depends, whether Ukraine will receive macro-financial assistance in the amount of 500 million euros from the EU in 2019. Prime Minister of Ukraine Vladimir Groisman said that Ukraine will start the electricity market from 1 July 2019. The head of government believes that the introduction of the new electricity market should be taken into account is the social aspect.