UEEX improves the rules for conducting electricity sales auctions. Changes to the Regulations from 01.03.2026
According to the results of the auction committee meeting (Minutes No. 44 dated 02/23/2026), amendments and additions to the Regulations for the organization and conduct of an electronic auction for the sale of electricity on the commodity exchange - Ukrainian Energy Exchange Limited Liability Company were agreed, which will contribute to the optimization of the process of an electronic auction for the sale of electricity under bilateral contracts, as well as ensure that its provisions are brought into line with the requirements of the legislation in the field of preventing and countering the legalization (laundering) of proceeds from crime, financing of terrorism and financing of the proliferation of weapons of mass destruction.
On the eve of the auction, with the aim of comprehensively analyzing the issues raised and forming a well-founded position, UEEX LLC conducted a survey among participants in relevant auctions, which confirmed the demand for modernization of the technical parameters of electronic auctions. At the same time, the positions of the participants on certain issues were divided, which required additional discussion. In this regard, a meeting of the Sections Council was held in the direction of "Electricity" in order to obtain an expanded and balanced position of market participants.
Changes aimed at optimizing the time parameters of the auction, namely reducing the waiting time for the best offer from one minute to thirty seconds, reducing the duration of the automatic extension of the main and additional trading periods from five to three minutes, as well as setting the maximum time for the end of trading, taking into account extensions, no later than 19:00 on the day of the auction. In addition, changes have been made to adjust the auction step by increasing it to five hryvnias per 1 MWh. Also, the obligation of the Auction Organizer and Auction Participants to comply with the requirements of the legislation in the field of financial monitoring during the organization and conduct of electronic auctions has been fixed at the level of provisions of the Regulations.
These changes are aimed at increasing the efficiency and efficiency of auctions, improving organizational procedures, and ensuring a more dynamic course of bidding.
"We continue to improve the regulatory and technical framework for conducting electronic auctions, based on practical experience and feedback from market participants. The adopted changes are aimed at minimizing the risks of delaying the process, increasing the predictability of completing auctions within the specified time, and optimizing the mechanism for conducting them as a whole," said Oleksandr Kovalenko, CEO of Ukrainian Energy Exchange LLC.
The above amendments to the Regulations shall enter into force on 01.03.2026.

