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Last week, the laws regulating the procedure for the environmental impact assessment, as well as settlements of debts that arose in the wholesale electricity market before the introduction of a new electricity market in Ukraine, came into force. Additionally, Verkhovna Rada of Ukraine adopted the first reading of the Draft Law of Ukraine “On Amendments to the Electricity Market Law” proposing to introduce a new instrument on the electricity market.
Amendments to the environmental impact assessment procedure
On 16 July 2020, amendments to the Law of Ukraine “On Environmental Impact Assessment” (the “Law on EIA”) aimed to regulate specifics of the public discussion of the planned activity during the quarantine period were made.
The changes apply within the territory of the quarantine established by the Cabinet of Ministers in order to prevent the spread of COVID-19 during the period of the quarantine and within 30 days from the date of its cancellation.
The following special rules were introduced:
- a public discussion of the planned activity is carried out exclusively in the form of submitting written comments and proposals (including in an electronic form);
- no public hearings are held and no dates are scheduled for the period of the quarantine and within 30 days from the date of cancellation of the quarantine;
- public hearings planned within the period of the quarantine and 30 days from the date of its cancellation are considered invalid and will not be held again.
Wholesale electricity market debt repayment
On 16 July 2020, the Law of Ukraine “On Measures Aimed at Paying Off the Debts Formed on the Wholesale Electricity Market” (the “Law on Payment of Debts”) defining the legal, economic and organisational framework related to repayment of debts arising on the wholesale electricity market of Ukraine came into force. We analysed the norms of the Law in more detail earlier.
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