LICENSING CONDITIONS

Licensing conditions for economic activity in aggregation on the electricity market

NEURC, Resolution No. 1909 of 18 October 2023.

Official current source

Legislative framework

Verkhovna Rada of Ukraine

Law of Ukraine “On the Electricity Market” / Закон України «Про ринок електричної енергії»

Sets the legal, economic and organisational framework for the electricity market.

Official current source

Market operation

NEURC

Market Rules / Правила ринку

Cover participant registration, balancing, ancillary services and settlement.

Official current source
NEURC

Retail Electricity Market Rules / Правила роздрібного ринку електричної енергії

Govern relationships among retail-market participants.

Official current source

Networks and metering

NEURC

Transmission System Code / Кодекс системи передачі

Defines operation and development of the transmission system.

Official current source
NEURC

Distribution Systems Code / Кодекс систем розподілу

Defines distribution and grid-connection rules.

Official current source
NEURC

Commercial Electricity Metering Code / Кодекс комерційного обліку електричної енергії

Sets requirements for measurements, data and commercial metering.

Official current source
PRE_LICENSE

Terms for participation in an aggregated group

To join an aggregated group, "Wesfin Flex" offers a standard agreement defining the rights and obligations of the parties, interaction procedures, settlement and the terms for terminating participation.

Draft. The final wording may be adjusted before aggregation services begin.

View participation terms
PRE_LICENSE

Wesfin Flex LLC is going through the procedure of obtaining a licence for aggregation on the electricity market. Commercial aggregation services will start after the required regulatory procedures are completed.