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DSOs under RGC brand finalized legal unbundling

07/ 06/ 2021
  DSOs withdraw from the founders of the gas suppliers so to fulfill the requirements of the Directive 2009/73/EC and Ukrainian Gas Market Law. So that, DSOs have no longer corporate interest in gas supply companies. The process of unbundling started in 2015 and included continuous actions through the years. In 2020, Energy Community Secretariat in the Annual Implementation Report stated that the Ukrainian distribution system operators are unbundled in legal, information, and accounting terms, while the overall implementation score of Ukrainian unbundling is 90%. The unbundling of the DSOs was done in these aspects: Legal unbundling– separated and independent legal entities – gas supply companies – were established; Functional unbundling– reorganizing corporate and internal structures as well as management and decision-making independence. The compliance programs jointly with compliance officers’ functions were introduced at the DSOs – under the Ukrainian energy regulator supervision; Unbundling of accounts– separate bookkeeping of activities including costs and revenues from each type of activity were introduced. Transparency was achieved through annual independent financial audits and publishing the reports on the DSOs websites; Information unbundling– using territorially detached offices, elimination of third-party access, prohibitions of double-hatting, non-disclosure agreements (NDAs), and internal privacy policies, etc.; Identity separation– using different brands, market positions, communication channels so to avoid likeness and confusing customers. DSOs under the RGC brand will provide details of unbundling to the Energy Community Secretariat for deep analysis and preparation of a report. The RGC is strongly convinced that the finalizing of unbundling is a significant step in developing a competitive and transparent gas market in Ukraine focused on clients interests.

DSOs withdraw from the founders of the gas suppliers so to fulfill the requirements of the Directive 2009/73/EC and Ukrainian Gas Market Law. So that, DSOs have no longer corporate interest in gas supply companies.

The process of unbundling started in 2015 and included continuous actions through the years. In 2020, Energy Community Secretariat in the Annual Implementation Report stated that the Ukrainian distribution system operators are unbundled in legal, information, and accounting terms, while the overall implementation score of Ukrainian unbundling is 90%.

The unbundling of the DSOs was done in these aspects:

  • Legal unbundling– separated and independent legal entities – gas supply companies – were established;
  • Functional unbundling– reorganizing corporate and internal structures as well as management and decision-making independence. The compliance programs jointly with compliance officers’ functions were introduced at the DSOs – under the Ukrainian energy regulator supervision;
  • Unbundling of accounts– separate bookkeeping of activities including costs and revenues from each type of activity were introduced. Transparency was achieved through annual independent financial audits and publishing the reports on the DSOs’ websites;
  • Information unbundling– using territorially detached offices, elimination of third-party access, prohibitions of double-hatting, non-disclosure agreements (NDAs), and internal privacy policies, etc.;
  • Identity separation– using different brands, market positions, communication channels so to avoid likeness and confusing customers.

DSOs under the RGC brand will provide details of unbundling to the Energy Community Secretariat for deep analysis and preparation of a report.

The RGC is strongly convinced that the finalizing of unbundling is a significant step in developing a competitive and transparent gas market in Ukraine focused on clients’ interests.

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