Vladimir Zelensky has signed a law integrating the energy markets of Ukraine and the European Union, according to a draft law published on the website of the Verkhovna Rada, the Ukrainian parliament.
The law was adopted by the Ukrainian parliament on April 7. It aims to create a comprehensive legal framework for the integration of the Ukrainian electricity market into the EU internal market.
The document, in particular, provides for general principles of the functioning of the energy market, uniform trading rules and equal requirements for all participants.
It also ensures technical synchronization of markets. A mechanism for unifying the market for coordinated trading of electricity based on prices and volumes, both on the transaction day and on a day-ahead basis, is introduced.
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