Weekly analytical report May, 1 – 16, 2021
Report announcement:
- Despite the Presidential Office assured Western partners that Ukraine will maintain the course of corporate governance reform, the government made a decision that could be used to withdraw Naftogaz funds reserved for doubtful receivables…
- The basic annual offers from gas suppliers turned out to be higher than the previous monthly prices, but at the same time, the prospects of lowering these prices depend mostly on access to cheap resource in the wholesale market…
- In Germany, efforts of environmentalists helped suspend Nord Stream 2 project activity, while Ukraine is considering options of utilizing the available capacity of its gas transmission system…
- The amendments to PSO regulation in the electricity market – both adopted and announced – preserve the “social function of the state”, even though the situation demands transition to market rules…
- The government attempts to rigidly regulate fuel prices can, in the opinion of experts, produce negative consequences for the market…
- The difficulties with implementation of new approaches to the extractive sector reform and to the increase of production suggest that the government’s decisions were not thoroughly worked out…
- The government is also urged to solve a number of problems in the utilities sector, in particular settling accumulated debts, facilitating access to cheap loans, promoting development of centralized heat supply, enhancing capacity of local authorities…
The weekly analytical review as a “screenshot” of the main events of the week in the energy sector both in Ukraine and abroad contains the maximum amount of selected information. If you wish to receive once a week a document that describes the key events and trends of the week in the energy policy of Ukraine and the region, send a request to the e-mail address: uaenergy@gmail.com*.
* – In order of the improvement of methodology and updating the design, the publication of the weekly review may be postponed.