In this issue:

• Gas TSO solves the problem of debts owed by system users inside Ukraine by actively litigating them… In the meantie, while the Russians are trying to complete the construction of Nord Stream 2, competition from liquefied gas supplies in the region is only intensifying…
• While the electricity market needs a strong regulatory authority and its resolute actions of identifying and preventing crises, the government and certain MPs do not help the normal course of the NEURC activity…
• In the meantime, negative financial results of state-owned energy companies indicate urgent need for transition to a financial PSO model…
• The Ministry of Energy actions to create conditions for target financing of climate projects are positive but insufficient for a substantial reduction of emissions…
• Despite the steps aimed to stabilize settlements with producers under feed-in tariff, the financially sustainable RES support scheme necessitates systemic changes in market regulation…
• The parliament has preliminarily approved draft changes to the state budget, which envisage a complex scheme of settling debt with Naftogaz group and, in effect, create new subsidies for fossil fuels…

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