08.01.2026
Draft Law No. 14282, “On Amendments to Certain Laws of Ukraine Regarding Strengthening Guarantees for the Exercise of Powers by the NEURC,” has been registered in the Verkhovna Rada of Ukraine. The document was initiated by a group of MPs led by Andriy Zhupanyn of the Committee on Energy, Housing, and Utilities Services.
Energy Club has analyzed the text of the document and the explanatory note. We present the key highlights essential for market participants.
The draft law was developed to fulfill Ukraine’s direct obligations under the Treaty establishing the Energy Community and the EU negotiation process. As stated in the explanatory note, the European Commission and the Energy Community Secretariat have pointed out the need to strengthen the Regulator’s independence. The draft law aims to meet these requirements, ensure the Commission’s financial autonomy, and reform the appointment procedure for its members.
The draft law provides for the early termination of powers for all current members of the NEURC within one year of the law’s entry into force. The proposed “cleansing” schedule is as follows:
Consequently, the Regulator’s composition will be fully renewed by 2027.
The approach to forming the Selection Committee, which elects NEURC members, is changing.
The draft law exempts NEURC staff salaries from the restrictions of civil service legislation and links them to the subsistence level (SL) as of January 1:
Furthermore, the Ministry of Finance and the Government are prohibited from independently reducing the Regulator’s budget request or amending its estimates without the Commission’s consent.
A mechanism for an independent external evaluation of the Regulator’s performance is introduced, to be conducted by the Energy Community Secretariat at least once every 3 years. The report must be made public.
Grounds and procedures for scheduled and unscheduled inspections (both on-site and off-site) are clarified. Specifically, it is stipulated that grounds for an unscheduled inspection may include verifying compliance with the Regulator’s decisions or the accuracy of reporting data.
Draft Law No. 14282 appears to be a “hard” reform scenario focused on maximum integration with European institutions.
Positive: Reduction of political influence from Ukrainian authorities on the Regulator due to the role of international experts in selection and financial autonomy.
Risk: The rotation period (the first 12 months after adoption) may create some turbulence in decision-making while outgoing members depart and new ones are yet to be appointed.
Tomorrow, we will publish a review of the alternative draft law to compare the legislative approaches to the future of the market.