NEURC raises electricity market price caps
On 16 January 2026, the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) adopted an emergency resolution increasing price caps in the electricity market in response to a critical power deficit. The revised limits, effective from 17 January 2026, were introduced to stimulate domestic electricity generation as well as imports.
Specifically, the regulator increased the maximum price caps to UAH 15,000/MWh on the day‑ahead and intraday markets, and to UAH 16,000/MWh on the balancing market.
From 31 March 2026, updated price caps will apply across key market segments as follows:
| 1. Day-Ahead Market and Intraday Market | |
|---|---|
| MAXIMUM PRICES | |
| 00:00–07:00 & 11:00–17:00 | 5,600.00 UAH/MWh €109/MWh |
| 07:00–11:00 & 23:00–24:00 | 6,900.00 UAH/MWh €135/MWh |
| 17:00–23:00 | 15,000.00 UAH/MWh €293/MWh |
| MINIMUM PRICE | |
| 10.00 UAH/MWh €0.2/MWh |
|
| 2. Balancing Market | |
|---|---|
| MAXIMUM PRICES | |
| 00:00–07:00 & 11:00–17:00 | 6,600.00 UAH/MWh €129/MWh |
| 07:00–17:00 & 23:00–24:00 | 8,250.00 UAH/MWh €161/MWh |
| 17:00–23:00 | 16,000.00 UAH/MWh €312/MWh |
| MINIMUM PRICE | |
| 0.01 UAH/MWh €0.0002/MWh |
|
( Conversion based on an exchange rate of 1 EUR = 51.2718 UAH. Actual rates may vary )
Ukraine reforms renewable energy support model
On 9 March 2026, the President of Ukraine signed the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Improving the Functioning of Energy Markets, Competitive Conditions for Electricity Generation from Renewable Energy Sources and Strengthening Energy Resilience" (the Law).
The Law introduces substantial changes to the regulatory framework governing the renewable energy sector, including revisions to the auction support scheme, grid connection rules, regulation of energy storage, and the system of guarantees of origin for renewable electricity.
Key developments include:
Overall, the Law aims to strengthen state support mechanisms for renewables, enhance flexibility of grid access, and create a more predictable regulatory environment for generation and energy storage projects. These changes are expected to further stimulate the development of Ukraine’s renewable energy sector and attract new investment.
More detailed analysis of the Law is available
in our legal alert via this link
Ukraine moves to align energy infrastructure rules with EU TEN-E framework
On 2 February 2026, Draft Law No. 13450 "On Energy Infrastructure Projects of Public Interest" was submitted to the Ukrainian Parliament for second reading.
The Draft Law aims to align Ukraine’s regulatory framework with Regulation (EU) 2022/869 (TEN‑E), laying the foundation for accelerated development of strategically important energy infrastructure projects in the electricity, hydrogen and smart gas sectors.
Key features of the Draft Law include:
The Draft Law represents a significant step toward harmonising Ukraine’s energy infrastructure planning and permitting framework with EU standards and is expected to accelerate the implementation of strategic and cross‑border projects while improving the investment climate for capital‑intensive infrastructure developments.
Simplified Procedure for Rooftop and Façade‑Mounted Solar Installations
On 28 January 2026, the Cabinet of Ministers of Ukraine (CMU) adopted Resolution No. 77, expanding the list of construction works that do not require construction permits and are exempt from acceptance into operation upon completion.
The updated list now includes the installation of solar power plants on rooftops and building façades, as well as replacement of equipment at such installations.
The traditional permitting procedure has been replaced with a professional technical inspection mechanism, whereby a certified specialist issues a report confirming the technical feasibility and safety of the proposed works.

National Energy and Climate Plan: the Cabinet of Ministers determined the procedure for its preparation and approval
On 2 January 2026, the CMU approved the procedure for the preparation and approval of the National Energy and Climate Plan (the Plan).
The Plan defines the framework for setting state priorities in the energy sector, including decarbonisation, renewable energy development, energy efficiency, energy security, research and innovation, competitiveness, and the functioning of the internal energy market. It will establish clear objectives, quantitative targets, policies, measures, and, where applicable, investment projects.
The draft Plan is subject to public disclosure, consultations with stakeholders (including the business community), and submission to the Energy Community Secretariat for assessment of compliance with Ukraine’s international obligations.

Ukraine Narrows Customs and VAT Relief for Energy Community Projects
Under Resolution No. 327 adopted on 12 March 2026, Ukraine revised the scope of customs duty and VAT exemptions applicable to projects financed by the Energy Community Secretariat.
The government narrowed the list of eligible goods by excluding certain categories of electrical equipment. Specifically, the exemptions no longer apply to products classified under commodity code 8504, including electrical transformers, static converters (such as rectifiers), inductors and chokes.

Ukrainian banks support over 1.4 GW of new and restored power capacity
Under a dedicated memorandum focused on rebuilding Ukraine’s energy infrastructure, domestic banks mobilised approximately UAH 38.7 billion to finance energy sector projects.
Between 1 June 2024 and 1 March 2026, banks provided more than 3,000 loans to businesses totalling UAH 35.9 billion, and over 15,000 loans to households amounting to UAH 2.8 billion.
This financing supported the deployment and restoration of generation assets with a combined capacity of approximately 1.405 GW, contributing to the stability and resilience of Ukraine’s power system.

Three investment agreements on the reconstruction of Ukraine’s infrastructure and energy sector signed in Davos
Within the framework of the Ukraine House in Davos, three investment agreements were signed relating to the reconstruction of infrastructure and development of the energy sector in Ukraine.
Amber Dragon Ukraine Infrastructure Fund I raised approximately €200 million of its €350 million target for investments in critical infrastructure, while Horizon Capital Catalyst Fund held its first closing at €152 million against a target size of €300 million for investments in energy, digital infrastructure and construction.
The first investment of Horizon Capital Catalyst Fund is a joint project with Notus Energy for the construction of a 124 MW wind farm in Odesa Oblast, with a total budget exceeding €220 million. Under the transaction structure, the Horizon Capital fund will acquire a 45% equity stake, while Notus Energy will retain control, provide the remaining equity financing, and be responsible for construction and operation of the facility.
The conclusion of these agreements demonstrates the existence of practical mechanisms for attracting private capital to reconstruction and energy infrastructure projects in Ukraine.

The EBRD increased its financing for Ukraine to a record €2.9 billion in 2025
The European Bank for Reconstruction and Development (EBRD) confirmed the continuation of large‑scale support for Ukraine, with a particular focus on the energy sector. Financing is being directed towards gas imports, decentralised generation, emergency repairs and long‑term modernisation of energy infrastructure.
In particular:
The EBRD’s continued engagement confirms the energy sector’s central role in international assistance to Ukraine and further enhances the investment attractiveness of energy and reconstruction projects.

sophisticated solutions for businesses on their way to carbon neutrality
WE HELP WITH