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Serbia emerges as ‘top performer’ in energy reforms, Ukraine and Moldova make strides, report says

The Energy Community Secretariat released on Monday (11 December) its Annual Implementation Report on the Contracting Parties’ implementation of the Energy Community acquis between November 2022 to October 2023.

In this year’s report, Serbia emerged as the top performer, followed by Montenegro and Ukraine. With the revised Energy Law, Serbia “made headway” by creating the basis for the compliant unbundling of the electricity and gas transmission system operators, the Secretariat said in a press release. It also accounts for the biggest mover in decarbonisation during the reporting period.

As “the champion” of several past assessments, Montenegro made modest progress but maintained its position in the upper tier, the report noted.

Ukraine and Moldova have advanced their “impressive track-record” on electricity and gas market reforms, the international organisation said in the press release. Ukraine certified the gas storage system operator in line with the Energy Community gas regulation and adopted a set of secondary legislation acts enabling REMIT implementation. The certification of the electricity transmission system operator constitutes Moldova’s key implementation highlight in 2023.

On the journey towards the largest expansion the EU’s power markets and systems has seen to date – the integration of the Energy Community Contracting Parties – advancing domestic reforms is no longer a goal in itself, but a prerequisite for the success of this historic project offering significant welfare gains for all sides. This reciprocal approach will result in the full accession of Contracting Parties to the European energy systems as equals, fostering both equality and resilience, and collectively achieving all of the Energy Community’s objectives” said the Secretariat’s Director Artur Lorkowski.

For all Contracting Parties, “the expectations to catch up during 2024 are high,” the Secretariat highlighted in the press release.

Aiming to better reflect the shift to the Clean Energy Package and the Community’s increasing focus on decarbonisation efforts aside from markets and integration, security of supply and the quality of the institutional framework, the 2023 report adjusted the structure without compromising on its true and fair view based on Contracting Parties’ achievements and a clear methodology.

During the reporting period, no Contracting Party was able to improve its overall implementation score.

Among other factors, the relative changes in the Contracting Parties’ implementation performance compared to last year can be attributed to the entry into force of parts of the Clean Energy Package at the end of 2022.

The upcoming challenge of transposing and implementing the Electricity Integration Package, due by the end of 2023, is not yet reflected in the weighting, the Secretariat said in the press release.

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