24.07.2025
The synchronization of the Ukrainian and European electricity markets will promote market openness in Ukraine, establish stricter rules, and filter out companies with non-transparent business practices, reports the official website of the Tolk group, citing EnergoReforma.
This is the view of Iryna Beresnieva, the General Director of Tolk Ukraine LLC, who notes that an important part of energy synchronization is the draft law No. 12087-d on the implementation of European law norms for the integration of energy markets, which was adopted in its first reading on July 22.
“We are counting on a change in the rules of the game—on logic, transparency, and predictability. Because currently, the market often looks like a ‘bazaar’ where everyone plays by their own rules. The law should finally change this. The market will transform and become stricter. But this is good. Those accustomed to working through ‘schemes’ will fall away. Companies with business models, a team, and an understanding of how to manage risks and be accountable to the client will remain,” Beresnieva said in a comment to EnergoReforma.
In her opinion, the European legislative framework will affect the number of “unscrupulous” groups of traders and suppliers who currently distort market conditions and prices for the end consumer.
“There will be fewer fly-by-night traders, less manipulation. And more responsibility—both to the market and to the country. We are not just bringing our law up to EU standards—we are maturing,” Beresnieva emphasized.
Regarding suppliers, she believes the new mechanisms will require the ability to work with a portfolio, risks, and forecasting, but will also allow for more effective work with micro-generation and storage, and participation in EU balancing markets.
At the same time, as the General Director of “Tolk Ukraine” emphasizes, the new legislative framework must provide not only for the protection but also for the responsibility of consumers themselves.
“The state must teach the consumer to be responsible: to calculate, forecast, and manage their own generation or delegate its management to their partner—the supplier. Otherwise, system ‘flexibility’ will remain a beautiful word from presentations,” Beresnieva believes.
She noted that the adopted draft law concerns integration at the level of spot markets, and the detailed implementation of the concepts of aggregation, flexibility, and the consumer as an active participant. At the same time, in her opinion, it is important that the transition during martial law in the country is smooth and gradual.
“Currently, analytics in Ukraine are still very weak due to closed data on generation and consumption, and there is an imitation of balancing. We have no right to import form without substance,” explained the General Director of “Tolk Ukraine,” stressing that the final version of the law will still require deep elaboration, which should involve, in particular, the National Energy and Utilities Regulatory Commission (NEURC), NEC “Ukrenergo,” and the suppliers themselves “with practical knowledge, not just a translation of European norms.”
Regarding how the Tolk Group of companies itself is preparing for European energy integration, Beresnieva noted that the Group has been operating within the logic of European energy business for several years and, in particular, is focusing on the development of aggregation.
“We have created a European structure, we are adjusting business processes in accordance with EU norms, and we are studying and testing aggregation models. Even though the current version of the draft law does not yet contain a clear model of independent aggregation, we understand the critical importance of this mechanism for the future of the energy system,” described the head of “Tolk Ukraine.”
She added that the expected timeframe for the implementation of the main norms is the beginning of 2027, but preparation for this is starting now.
“Hundreds of by-laws must be written to truly integrate us into the European energy community. We are on this path, and it must be practical, not bureaucratic,” Beresnieva summarized.
