The reason is the inefficient use of energy resources by industrial enterprises, which is unacceptable in the context of high import dependence of the country.
About 20 important business decisions aimed at improving the country’s investment climate, removing outdated regulations and allowing to launch first “state in a smartphone” electronic services were approved. The overall monetary impact is estimated at more than 300 million hryvnias...
The President’s Decree “On Appointment of O.Nechytaylo as a State Commissioner of the Antimonopoly Committee of Ukraine” was published today on the Presiden’s website.
Today, Ukraine meets more than 62% of domestic gasoline and 90% of diesel fuel consumption needs through imports. The biofuel production and use can provide additional tools for the country’s energy independence, in particular in the transport sector. However, instead...
Starting July 1, a new electricity market should start working. This can trigger uncontrolled price increases actually leaving consumers without electricity. Soon, the newly elected president will take the oath of office. And in a month, he will face with...
During the World Economic Forum, which took place in Davos, the most important statement sounded in the Ukrainian House about readiness to explore uranium by the Nuclear Energy Systems of Ukraine, which received the appropriate license at the end of 2018.
Source: Economichna Pravda The changes will affect only large industrial consumers. The market will not function for the population and small businesses yet. As part of its international commitments, Ukraine has to reform its energy sector in accordance with requirements...
On January 22, 2019, a resolution “On approval of tariffs for non-standard connection of capacities and tariffs for a linear component in 2019” comes into force. Due to the updated method for calculating connection costs, investors will be able to open...
The National Commission for State Regulation of Energy and Public Utilities (NKREKP) approved the methodology to set fee rates to connect to electricity transmission and distribution systems. Will it be possible to overcome corruption in this area?
Over the past two years, the market of oil and gas subsoil access has been blocked in Ukraine, and this means losing funds and reputation in eyes of investors. The reason is legislative inconsistencies and overlapping between subsoil access tools...