11802

To strength the powers of the regulator and sanctions against natural monopolies.

To strength the powers of the regulator and sanctions against natural monopolies.

Based on the report:

State:

National Energy and Utilities Regulatory Commission,

Status:

Implemented

— comments: On 22 September 2016 the Law of Ukraine "On the National Energy and Utilities Regulatory Commission" was adopted, Article 17 of which clearly specifies the NEURC’s powers. The Law provides for the implementation of state control in energy and utilities markets (Article 19), liability for violations of legislation in the areas of energy and utilities (Article 22): http://zakon.rada.gov.ua/go/1540- 19th Thus, the Law strengthens the NEURC’s authority and provides tools for influencing unscrupulous service providers. Apart from that, with entering into force of the Law of Ukraine "On Electricity Market", the responsibility of service providers for violation of the legislation regulating functioning of electricity market has been strengthened.

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Next recommendation: To set up a single information system for the sector and a benchmarking system.