Government Amends Procedure for Electricity Sales Auctions: Ukrenergo Granted Access to Special Auctions to Cover Technological Losses
The Cabinet of Ministers of Ukraine has approved amendments to the Procedure for conducting electronic auctions for the sale of electricity under bilateral contracts.
The adopted decision grants the transmission system operator (NPC Ukrenergo) the right to participate in special auction sessions for the sale of bundled lots in order to purchase electricity to cover technological electricity losses during the period of martial law. This will enable the operator to procure electricity through special auctions at more predictable and often lower prices.