National Energy and Utilities Regulatory Commission (NEURC)

Role

A collegial government agency responsible for regulating essential utility services.

Detailed information

The National Energy and Utilities Regulatory Commission is a collegial government body formed by the Cabinet of Ministers of Ukraine, subordinated to the President of Ukraine and accountable to the Parliament of Ukraine. The staff is comprised of civil servants.

State regulation in the Fields of Energy and Public Utilities.

Responsible for tariffs setting in energy supply and municipal services, for feed in tariffs, for energy market related regulations. It is an independent regulator.

Responsible for:

in the energy sector:

  • generation, transmission, distribution, supply of electricity;
  • activities to organize of purchase and sale of electricity on the market “day ahead” and the intraday market, ensuring the purchase of electricity at a “green” tariff, trading activities;
  • transmission, distribution, storage (injection, withdrawal), LNG facility services, supply of natural gas;
  • activities on transportation of oil, oil products and other substances by pipeline transport;

in public utilities sector:

  • generation of thermal energy by heat generating facilities, including combined heat and power generating facilities, transmission thereof through main and local (distribution) heating networks, supply of thermal energy in volumes exceeding the thresholds set by the terms and conditions of carrying out the economic activity (licensing conditions);
  • activity in the sector of district water supply and sewage in volumes exceeding the thresholds set by the terms and conditions of carrying out the economic activity (licensing conditions).