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26.8 27.3
Economy 2019-08-15T05:18:00+03:00
Ukrainian news
Work Of National Energy Regulator Remaining Blocked Due To Absence Of Quorum

Work Of National Energy Regulator Remaining Blocked Due To Absence Of Quorum

commission, energy commission, quorum, National Commission for State Regulation of Energy and Public Utilities

The National Commission for State Regulation of Energy and Public Utilities (Energy Commission) is still unable to start working due to absence of quorum.

A Thursday meeting was flunked time and again because one member of the commission was absent, Ukrainian News Agency reports.

At the Thursday meeting (November 23) the Regulator in the energy and utilities market was supposed to form a selling tariff for the electric energy in 2018 for the Ukrhydroenergo state energy-generating company, the Energoatom national nuclear energy generating company and the Ukrenergo national power generating and power distribution company, and also to forecast a wholesale price for electric energy in 2018.

Previous meetings of the Energy Commission planned on November 17, 20, 21 and 22 also failed for the same reason - lack of quorum (then Borys Tsyhanenko took a sick leave).

The Energy Commission has seven seats on its member board of which currently only four are filled by Dmytro Vovk, Viktoriya Morozova, Ruslan Mashliakovskyi and Borys Tsyhanenko.

The quorum requires presence of at least four members of the commission.

As Ukrainian News Agency earlier reported, in March, President Petro Poroshenko approved a rotation plan for the staff of the Energy Commission.

According to the rotation plan, members of the Energy Commission must resign from their positions within the periods of time as follows: two members (Yurii Holliak and Volodymyr Yevdokymov) - at the latest six months after the law took effect; two members (Viktoriya Morozova and Borys Tsyhanenko) - at the latest 12 months after the law took effect; and the remaining two members (commission's Chair Dmytro Vovk and Ruslan Mashliakovskyi) - at the latest 18 months after the law became effective.

In late May, Poroshenko fired Holliak and Yevdokymov from the Energy Commission.

The Energy Commission performs regulation over natural monopolies in the sectors of energy, power supply, oil and gas complex, centralized water supply and water sewage system, and is also responsible for conducting a pricing and tariff policy in those sectors.


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