The Ukrainian electricity market opened in July 2019. The market started with limited functionalities as some elements were not yet operational while others where constrained to address structural shortcomings. In this Chapter, we assess the recent market development based on the experience of the first year of market opening. After looking into the history of market opening and exploringand why it is important to have an EU-compatible electricity market in Ukraine, we address a number of issues that we deem critical for ensuring the development of a stable, transparent and competitive market.
What is a Policy Note?
Policy Notes provide a very concise overview of one specific topic. They often build on earlier more substantive work. Some Policy Notes were also published as part of the Quarterly Monitoring Reports.