Regulatory information
A curated overview of official instruments relevant to Ukraine’s electricity market.
Aggregation licence
NEURC
Licence granted to Wesfin Flex LLC (opens in a new tab)
On 13 October 2026, NEURC adopted a decision to grant Wesfin Flex LLC an electricity-market aggregation licence.
Licence conditions
NEURC
Licence conditions for economic activity in electricity-market aggregation
Resolution No. 1909 of 18 October 2023.
Legislative framework
Verkhovna Rada of Ukraine
Law of Ukraine “On the Electricity Market” / Закон України «Про ринок електричної енергії» (opens in a new tab)
Sets the legal, economic and organisational framework for the electricity market.
Market operation
NEURC
Market Rules / Правила ринку (opens in a new tab)
Cover participant registration, balancing, ancillary services and settlement.
NEURC
Retail Electricity Market Rules / Правила роздрібного ринку електричної енергії (opens in a new tab)
Govern relationships among retail-market participants.
Networks and metering
NEURC
Transmission System Code / Кодекс системи передачі (opens in a new tab)
Defines operation and development of the transmission system.
NEURC
Distribution Systems Code / Кодекс систем розподілу (opens in a new tab)
Defines distribution and grid-connection rules.
NEURC
Commercial Electricity Metering Code / Кодекс комерційного обліку електричної енергії (opens in a new tab)
Sets requirements for measurements, data and commercial metering.
Terms for participation in an aggregated group
The aggregation licence was granted on 13 October 2026. The participation terms are published as the standard aggregated group agreement, edition 1.1 of 22 October 2026, with a plain-language summary. Individual terms are agreed with each participant in the annexes.