One of the main reasons why Ukraine may lose the ability to import electricity from Europe is the possible revocation of Ukrenergo’s certification. The Energy Community expressed concern about compliance with European management standards in the company after two independent members of the supervisory board resigned due to political pressure. The lack of proper corporate governance poses risks for further integration of the Ukrainian energy system with the European one.
Political pressure and European standards
One of the main problems facing the Ukrainian energy sector is the excessive control of the Ministry of Energy over state companies. This situation contradicts European rules regarding independent management of energy companies. European partners have repeatedly urged Ukraine to adhere to norms ensuring transparency and efficiency in managing Ukrenergo.
Consequences for Ukraine
If Ukraine loses certification, it could have serious consequences for the country’s economy and energy security. Without the ability to import electricity from the EU, Ukraine may face a deficit of energy resources, especially during peak loads in the heating season. Additionally, this will complicate further integration of Ukraine into the European energy market, which was one of the key directions of energy sector reforms.
Ways to Address the Problem
Experts emphasize that in order to avoid certification loss, Ukraine needs to bring independent members back to the supervisory board of Ukrenergo and ensure compliance with EU standards regarding corporate governance. It is also important to reduce political pressure on state energy companies and restore transparency in their operations. Only then can Ukraine retain certification and continue integrating into the European energy system.
The situation surrounding Ukrenergo demonstrates serious issues in the field of energy management in Ukraine. Without decisive steps from the government and compliance with European standards, the country may lose the ability to import electricity from the EU, leading to negative consequences for its energy security.
