The Cabinet of Ministers published Resolution No. 1596 of December 3, “Issues of Management of Certain Business Entities,” which, as previously reported by Prime Minister Yulia Svyrydenko, initiated the immediate termination of the powers of a significant part of the supervisory boards of key state-owned energy companies.
According to the document, the government expects the Ministry of Energy and the State Property Fund to terminate the powers of the members of the supervisory board of LLC “Gas Transmission System Operator of Ukraine” (OGTSU) Vitaliy Zubriy and Ruslan Strilets, JSC “Energy Company of Ukraine” – Oksana Osmachko and Oleksandr Muzhel, and JSC “Market Operator” Olena Kovalchuk and Andriy Stepanenko.
This list also includes three members of the supervisory board of PJSC Centrenergo, Volodymyr Velychko, Andriy Hota, and Serhiy Simonov, as well as five members of the supervisory board of JSC Ukrainian Distribution Networks, Yevhen Litvinov, Oleg Kantsurov, Andriy Kostrytsya, Svitlana Bilko, and Andriy Pochtaiev.
In addition, the Ministry of Economy, Environment, and Agriculture has been instructed to prepare proposals for convening an extraordinary general meeting of Ukrainian Energy Machines JSC with the aim of terminating the powers of independent member of the supervisory board Andriy Tkachenko.
CABINET OF MINISTERS, CENTRENERGO, MARKET OPERATOR, SUPERVISORY BOARD, ЕКУ, ОГТСУ, УРС
JSC Market Operator has received a positive conclusion from the independent auditor Baker Tilly on the organization of work in the day-ahead market (DAM) and the intraday market (IDM) in 2020.
“Based on the procedures we performed and the evidence obtained, nothing attracted our attention to force us to believe that the Market Operator did not adhere in all material aspects to the requirements of the DAM and IDM Rules during the period from January 1 to December 31, 2020,” the auditors said in the conclusion dated December 30, 2021, published on the Market Operator website on Friday.
The subject of the audit was, in particular, the submission of bids for the sale and purchase of electricity by the DAM and IDM participants, the correctness of the determination of the trading results and related charges, the assessment of the implementation of the DAM and IDM rules by the Market Operator software.
The company said that the Market Operator for the second year in a row has received a positive conclusion from independent auditors.
