NEURC limited traders to sell electricity on day-ahead market down to 10% of the volume bought under bilateral
According to the adopted Law № 1639-IX, the National Energy and Utilities Regulation Commission (NEURC) restricted the sale of electricity to traders and suppliers in the day-ahead market down to 10% of the volumes purchased electricity under bilateral contracts (from producers, guaranteed buyers, other traders) until November 1, 2021.
The corresponding decision was made at the NEURC’s weekly meeting on September 1, 2021.
At the same time, in the case of electricity imports, traders and suppliers are allowed to increase their electricity sales in the day-ahead electricity market by the volume of such imports.
At the same time, importers must provide the NEC Ukrenergo with the volumes of such electricity imports, and the latter will provide them to the SE Market Operator.
"The Transmission System Operator before 11:30 the day preceding the day of delivery, notifies the SE Market Operator for each market participant on the day of supply for each trading area the maximum sales of electricity in the day-ahead market,” said in the statement. The NEURC called on all market participants to t ensure compliance with the decision passed.