AVELLUM Analyzes How Ukraine’s New Market Coupling Law Reshapes Its Path into the European Energy System

Following the adoption of Law No. 4834-IX in April 2026, Ukraine’s electricity market is entering a new phase — one that directly links power trading with the allocation of cross-border interconnections across EU member states. In a new article, Olena Sichkovska-Chornobyl, Managing Associate at AVELLUM’s Energy & Natural Resources practice, breaks down the mechanics of the newly introduced SDAC and SIDC coupling mechanisms, the role of Nominated Electricity Market Operators, and Ukraine’s prospective integration with key European balancing platforms such as MARI, PICASSO, and TERRE. The piece also highlights a landmark regulatory shift: starting May 2027, administrative price caps on wholesale markets will be formally abolished, opening the way for full price convergence with Europe.