On 16 November 2021, the Parliament of Ukraine adopted the Bill “On Amendments to Certain Laws of Ukraine on the Development of Energy Storage Systems” №5436-d of 17 September 2021 (the “Bill”) in the first reading. The Bill can enter into force at least after a second reading and signing by the President of Ukraine.
The Bill amends the Law of Ukraine “On the Electricity Market” and the Law of Ukraine “On the National Energy and Utilities Regulatory Commission” in part related to ensuring the operation of energy storage systems and storage activities.
The Bill’s provisions will help to optimize the load on the electrical grid, avoid restrictions on electricity generation and ensure easier integration of “green” generation facilities into the power system of Ukraine.
Energy storage system operator
The Bill proposes the concept of “energy storage system operator”, which is an entity…