The Ukrainian government has appointed new representatives to the supervisory boards of two major energy enterprises: NEC “Ukrenergo” and LLC “Gas Transmission System Operator of Ukraine.” This decision aims to strengthen the oversight of these strategic organizations amid ongoing efforts to stabilize the energy sector.
Among the newly appointed members to the supervisory board of NEC “Ukrenergo” are:
- Yuriy Boyko – brings over 25 years of experience in the energy sector, previously serving as Deputy Minister of Energy.
- Mykola Brusenkov – an expert in state economic policy and a former official in the Office of the President of Ukraine.
- Yehor Perelyhin – Deputy Minister of Economy, specializing in strategic planning and management of large industrial projects.
Additionally, Anton Bendyk has been appointed as the state representative on the supervisory board of LLC “Gas Transmission System Operator of Ukraine.” Bendyk has a background in crisis management and financial oversight.
The selection process was conducted by the Nominating Committee under the Ministry of Economy, with participation from representatives of the Ministry of Finance, Ministry of Energy, and international partners, including the EBRD, IFC, the EU Delegation, and the Business Ombudsman.
Earlier, on April 24, the government also appointed representatives to the supervisory board of PJSC “Ukrhydroenergo,” naming Vitaliy Petruk and Eduard Denysov to those positions.
This restructuring comes as the government focuses on ensuring financial stability within the energy sector, which is crucial for successfully navigating the upcoming heating season. The government has been working on comprehensive mechanisms to unblock payments and reduce accumulated debts, as the chronic lack of liquidity in state energy companies severely limits their ability to finance necessary repairs and prepare infrastructure for winter demands.
In parallel, key market players are taking steps to adapt to challenging economic conditions. Notably, NEC “Ukrenergo” has proposed a review of electricity transmission and dispatch management tariffs to the National Energy and Utilities Regulatory Commission (NEURC), citing the need to account for current exchange rates and changes in energy transmission volumes.
Additionally, the regulator has raised the cap on electricity market prices, effective May 1, to encourage the import of energy resources in light of generation shortages. These measures, from the renewal of supervisory boards to regulatory changes in pricing, are part of a unified strategy by the Cabinet aimed at enhancing the country’s energy security and ensuring reliable electricity supply for consumers.
The Ukrainian government has appointed new members to the supervisory boards of key energy companies, aiming to enhance oversight and financial stability in the sector. This restructuring is part of broader efforts to ensure reliable energy supply and prepare for the upcoming heating season.