The National Commission for State Regulation in the Spheres of Energy and Public Utilities (NERC) has approved new price caps for electricity. The relevant changes will come into effect on May 1, 2026, and will apply to the day-ahead market, intraday market, and balancing market.
This is reported by Finway
What changes are expected in the electricity market
The decision to update the price caps was made at the NERC meeting on April 23, and the new tariffs will take effect from the beginning of May. According to the regulator, this decision aims to ensure the stability of the electricity market amid generation shortages and to encourage importers to supply electricity during peak load hours.
New electricity price caps
For the day-ahead market (DAM) and intraday market (IDM), the following price limits have been established:
- Maximum price cap — 15,000.00 UAH per MWh for all hours
- Minimum price cap — 10.00 UAH per MWh for all hours
For the balancing market:
- Maximum price cap — 17,000.00 UAH per MWh for all hours
- Minimum price cap — 0.01 UAH per MWh for all hours
“The review of price caps is intended to create conditions for the stable operation of the market in the context of generation shortages, as well as to increase importers’ interest in supplying electricity to meet peak demand,” the commission stated.
Thus, the new tariffs are expected to enhance transparency, competition, and efficiency in Ukraine’s energy market.