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THE RESOLUTION OF THE NATIONAL COMMISSION PERFORMING STATE REGULATION IN THE FIELD OF POWER AND UTILITIES OF UKRAINE

of March 28, 2017 No. 426

About approval of the Procedure for holding electronic auctions on distribution of handling capacity of interstate power networks

1. Approve the Procedure for holding electronic auctions on distribution of handling capacity of interstate power networks which is applied.

2. Declare invalid the resolution of the National commission performing state regulation in spheres of power and utilities, of February 12, 2015 No. 176 "About approval of the Procedure for holding electronic auctions on distribution of handling capacity of interstate power networks", registered in the Ministry of Justice of Ukraine on May 13, 2015 at No. 521/26966.

3. This resolution becomes effective from the date of, its publication following behind day in the official printing publication - the Pravitelstvenny Kuryer newspaper.

Chairman of NKREKP

D. Vovk

Approved by the Resolution of the National commission performing state regulation in the field of power and utilities of Ukraine of March 28, 2017 No. 426

Procedure for holding electronic auctions on distribution of handling capacity of interstate power networks

I. General provisions

1.1. This Procedure determines procedure of the organization and holding electronic auctions for access to handling capacity of interstate power networks of Ukraine for implementation of export and/or import transactions with electrical energy taking into account features of work of OES of Ukraine and its separate components.

1.2. In this Procedure terms are used in the following values:

the administrator of auction platform - the employee of auction office which has powers to exercise control of observance of this Procedure, rules and conditions of holding auctions, to hold auctions, removal of all available Auction participation applications in case of technology violation, technical issues in work of auction platform and/or force majeur circumstances, check of receipt of cash fees / submission of bank guarantees, reception of applications and document package about receipt of participant status of distribution, signing of protocols of holding auctions in case of use of the reserve mechanism and to perform other operations provided by this Procedure;

auction platform - the automated system by means of which electronic auctions according to this Procedure are held;

auction office - the company exercising centralized dispatching control of the integrated power system of Ukraine;

The bank guarantee - type of ensuring accomplishment of obligations according to which the bank guarantor assumes monetary commitment before auction office to pay means of the participant of distribution of free handling capacity in case of failure to carry out by the last in full or partially the financial liabilities before auction office. The bank guarantee is irrevocable and unconditional;

opening of the biddings - time of day with which approach in auction office auction participation applications from participants of distribution can arrive;

free handling capacity (further - Union of Right Forces) (available transfer capacity, automatic telephone exchange) available handling capacity, less the size of handling capacity and handling capacity distributed at auctions to which according to the legislation priority access is provided. When calculating daily free handling capacity the unused size of the handling capacity distributed at the previous auctions is considered;

extreme sizes of export and import transactions with electrical energy in days D (further - extreme sizes) - the maximum hourly sizes of electrical energy and capacity on export and import of electrical energy in case of which reliable and smooth functioning of OES of Ukraine and electric utility service of consumers of electrical energy which are determined according to the legislation and/or regulating documents is ensured;

marginal price of access - the price of access to handling capacity, determined the software of auction platform minimum from the satisfied applications for participation in auctions, for each of reserves of each interstate section;

the schedule of auctions - the schedule of holding the annual, monthly and daily auctions which is published on the website of auction office;

money deposit - the money deposited by the participant of distribution for participation in the annual and/or monthly, and/or daily auctions and which in case of failure to carry out by the participant of distribution of the financial liabilities under the agreement on access to handling capacity of interstate power networks of Ukraine carry over auction office as penalty;

Д - day during which access to handling capacity is provided;

D-1 - the day prior D;

D-2 - the day preceding D-1;

D-3 - the day preceding D-2;

auction details - information on the parameters of auction determined by the subitem 7 of Item 3.1 of the Section III of this Procedure;

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