LDK Consultants continues to support Ukrainian public authorities in energy market reform to meet the urgent needs of the country following the military invasion in Ukraine.
Our international and local experts remain flexible to provide emergency and resilience assistance in energy market reform to the country, so that we help Ukraine remain a strong democratic country and realise its EU membership status.
LDK Consultants is proud to act as the lead technical assistance consultant of the EU funded project, “Better Services for Consumers in the Reformed Energy Markets”, and in cooperation with Ernst & Young Ukraine and Elia Grid International, is assisting the Ukrainian public authorities to reform the electricity and gas markets in line with the provisions of the EU-Ukraine Association Agreement to the benefit of consumers.
The project supports the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) – being the main beneficiary of the project – and other relevant stakeholders in important elements concerning the operation of electricity and gas markets and consumers protection.
Within this context, on 6-7 July 2022, the project team hosted the two-day Training webinar on Demand Response Management in order to facilitate NEURC in becoming harmonised with the EU acquis.
Senior international experts from Elia Grid International, accompanied with local experts from Ernst & Young Ukraine and the coordination team from LDK Consultants, shared their expertise on the EU best practice regarding Demand Response Management, and how such mechanisms can be developed and introduced in the Ukrainian market.
The project team will continue its close collaboration with NEURC in order to develop the necessary recommendations and proposals to facilitate the creation of this nascent market.
The key purposes of the project are to support the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) in important elements concerning the operation of electricity and gas retail markets and consumers protection, namely:
- Improving the functioning, transparency and competition of the wholesale electricity and gas markets, including:
- Effective monitoring of electricity and gas markets;
- Effective unbundling of distribution companies;
- Assistance towards reporting and monitoring of wholesale markets as per REMIT provisions;
- Monitoring of electricity reforms process focusing on the liquidity of electricity market.
- Developing electricity and gas retail markets that benefit consumers, including through strengthening consumer rights, including:
- Strengthening NEURC’s role on protecting consumers rights;
- Provision of support towards addressing energy poverty issues.
LDK Consultants is a Group of 9 consulting and engineering companies with offices in Greece, Belgium, Cyprus, Jordan, Kenya, Romania and Serbia.
The LDK Group is a trusted partner of international funders, investors and policy makers and is contributing with its blend of expertise in engineering and policy advice; its constant collaboration with the public and private sector is undoubtedly promoting the sustainability of the economy and environment worldwide.
The Group’s Energy sector constitutes one of the 6 major lines of service, along with Engineering & Project Management, Environment, Transport Infrastructure, Socioeconomic Development Consultancy, Information Dissemination.
