Making Ukraine’s Electricity Market work for Ukrainians


  • Wholesale prices are high compared to other countries and relative to generation cost
  • There are no easy fixes – as issues (lack of competition, isolation, crosssubsidisation) are structural
  • Short-term
    • Monetise PSO
    • Ensure competitive imports
    • Strong monitoring and enforcement of anti-competition rules
  • Long-term
    • Encourage incumbents to divest some assets
    • ENTSO-e integration
    • Competitive RES-deployment
    • Privatise Centrenergo to contestant
Dr. Georg Zachmann

What is a Policy Briefing?

Similar to Policy Papers, current or possible future policy topics are discussed. The economic analysis and policy recommendations are presented in a concise manner, focussing on the core arguments and results.