Electric power market is coming to Ukraine

The electric power market was introduced in Ukraine with the Law « On the Principles of Functioning of the Electric power Market in Ukraine » (the « Law »), which came into force on 1 January 2014. The Law is purported to establish a competitive model of the electric power market in Ukraine. Some of its provisions, however, including those establishing new sub-segments of the electric power market (namely, the bilateral contracts market, the day-ahead market and the balancing market) will go live only from 1 July 2017.

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