Energy Community
The Energy Community is an intergovernmental organisation established by the Energy Community Treaty signed in 2005. It brings together the EU, its member states, the Western Balkans, Moldova, Ukraine and other neighbours of the EU to extend the EU energy acquis and build an integrated energy market. Its secretariat is based in Vienna. The organisation monitors energy regulatory reforms in Ukraine, including the independence of the NEURC (NKREKP).
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Ukraine's parliament backs reboot of energy regulator in first reading
On 16 September, the Verkhovna Rada adopted draft law No. 14282 in its first reading, with 249 MPs voting in favour. The bill aims to strengthen the independence of the National Commission for State Regulation of Energy and Utility Services (NKREKP) and set the stage for a full reboot of the regulator after adoption. It also responds to a major corruption case in the energy sector by seeking to remove associates of the implicated figures from the body.