On August 27, 2014 the Order of the President of Ukraine No. 694/2014 "On the National Commission exercising state regulation in the field of energy and utilities"23 was issued to establish the National Commission for State Regulation of Energy and Utilities (hereinafter, the NCSREU).
Volodymyr Demchyshyn has been appointed Head of the Commission. By his Order No. 715 dated 10.09.2014 the President approved the Regulations on the Commission24. Thus, the NCSREU is a state collegial body subordinated to the President of Ukraine and accountable to the Parliament of Ukraine.
The NCSREU is a state authority regulating activities in the field of energy and utilities. It has become the legal successor of the National Commission for state regulation in the field of energy and of the National legal successor of the National Commission regulating utilities.