President signed a law on certification of Ukrenergo in accordance with EU requirements

President of Ukraine Volodymyr Zelenskyy signed a law on certification of the operator of the electricity transmission system NPC Ukrenergo following EU requirements. This was reported on the website of the President's Office.

Volodymyr Zelenskyy signed the Law "On Amendments to Certain Legislative Acts of Ukraine Concerning Certification of the Transmission System Operator" No. 1396-ih, which the Verkhovna Rada adopted on April 15, 2021.

The adoption of this document will contribute to the fulfilment of Ukraine's international obligations regarding the implementation of the EU's Third Energy Package.

In particular, the law will provide the possibility of certification of the transmission system operator (TSO) of electrical energy according to the ISO (Independent System Operator) separation model. This model assumes that such an operator uses the property that ensures the integrity of the unified energy system of Ukraine, while at the same time this property remains the property of the state.

The transmission system operator can be not only the owner of the transmission system, as it is now, but also a business entity, 100% of the corporate rights of which belong to the state or a state-owned company.

The owner of the transmission system should not have the right to manage or control business entities that produce or supply electricity and engage in trading activities.

Only a ministry authorized by the government of Ukraine can manage state-owned objects used for electricity transmission.

The government is deprived of the authority to terminate the rights of economic management to state property used in the process of carrying out activities for the electricity transmission as well as the powers to cancel the acts of ministries and other central executive bodies, which are issued within the framework of managing business entities that transmit electricity.

The law defines the responsibilities of the regulator, transmission system operator and transmission system owner following the ISO. There are also requirements for the independence of the transmission system owner and the obligation of the TSO in terms of implementing a compliance program, which defines measures to avoid discriminatory actions on the part of the transmission system operator and monitor the implementation of such activities.

As reported, Energoatom and Ukrenergo tested the power unit of Zaporizhzhia NPP.

Tags: legislation, EU, Ukrenergo, , The Verkhovna Rada, infrastructure, transmission system operator, IPS, power system

Read also

An Eye for an Eye: Ukrainian Power Engineers Demand Compensation from Russians for Destroyed Property
The Security Service of Ukraine issues suspicion notice to Russian billionaire for exporting raw materials for Rosatom from Ukraine.
ZELENSKY: Russian authorities are planning to blow up the Zaporizhzhya nuclear power plant to destabilize Ukraine