On February 21, 2023, the director of energy and infrastructure programmes of Razumkov Centre took part in the Energy Club expert discussion "Monopolization of energy markets. Will rapid growth of the role and importance of the state in the energy sector become an obstacle to joining the EU?"

In his report, V. Omelchenko focused on the problem of functioning of the current model of the electricity market in Ukraine. Its flaws, which are primarily related with strict state regulation of prices and an imperfect system of suppliers with public service obligations (PSO), have led to great losses for the key energy companies and created significant obstacles for the RES development.

Therefore, if this market model is not adapted to the EU rules, it will create significant obstacles for the recovery of the Ukrainian energy industry, as investors are not interested in investing in the energy infrastructure of a sector with strong state interference in market mechanisms.

Leading Ukrainian experts, people's deputies and business representatives took part in the expert discussion.

Presenters:

Oleksiy Kucherenko, People's Deputy of Ukraine, First Deputy Chairman of the Verkhovna Rada of Ukraine Committee on Energy, Housing and Utilities

Andriy Gerus, Chairman of the Verkhovna Rada Committee on Energy and Housing

Oleksiy Orzhel, Minister of Energy and Environmental Protection of Ukraine (2019—2020)

Volodymyr Omelchenko, Razumkov Centre energy programmes director

Adrian Prokip, energy expert of the Ukrainian Institute of the Future

Volodymyr Hladyr, representative of shareholders of JSC "Kharkivgaz"

Denys Senektutov, head of the Gas Market Association of Ukraine

Ivan Plachkov, chairman of the All-Ukrainian Energy Assembly.

Link to the event: https://iclub.energy/tpost/n0kuk47nr1-2102-energy-freedom-by-energy-club