Ukraine's Electricity Market Law (Law no 4493)

The Electricity Market Law of 2016 was adopted in June 2017 coming into full effect in July 2019. The Law aligns Ukraine’s national legislation with the European Union’s regulation embodied in the Third Energy Package on the European gas and electricity markets liberalizing country’s national electricity market. Regarding renewable energy sources for power production the electricity will be bought on the basis of the feed-in tariff regulation.