At a meeting on September 22, the Cabinet of Ministers approved the procedure for the mandatory sale of electricity by producers through electronic auctions.
“From now on, electricity producers, regardless of ownership (except for those producers who have a green tariff and electricity producers who have acquired the right for support as a result of an auction), sell electricity under bilateral agreements exclusively through electronic auctions,” the Ministry of Energy said.
The Ministry of Energy notes that this creates a level playing field for electricity trading in the market of bilateral agreements for all categories of electricity producers. The new rules are expected to encourage both producers and consumers to focus on long-term contracts. (Ukrinform/Business World Magazine)