13:16 15.12.2017

USAID plans new $90 mln project to support reforms in Ukraine's energy sector

1 min read
USAID plans new $90 mln project to support reforms in Ukraine's energy sector

The U.S. Agency for International Development (USAID) plans a new five-year project to support reforms in the Ukrainian energy sector with the total cost of up to $90 million, a member of the parliamentary committee for fuel and energy complex, Olha Belkova, has said.

"The project is being finalized and executors are being selected by the U.S. government. The interest, support and desire to cooperate are in our favor," she wrote on her Facebook page.

She said that the new project would focus on the introduction of competition on energy markets, assistance to municipal authorities, search for new tools of stimulating renewable energy, cyber security of the energy sector, establishment of the energy market regulator, transparency of market information, search for new models to manage the gas transport system (GTS) and Ukraine's integration into the EU markets.

The press service of the State Inspectorate for Nuclear Regulation said that the European Commission launches new three-year project aimed at enhancing the possibilities of the State Inspectorate for Nuclear Regulation to regulate nuclear operations, licensing and analyze severe accidents for nuclear reactors. The cost of the project is over EUR 5.5 million.

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