Compliance with the current legislation, exchange trading rules, and the requirements of regulatory documents are the main principles of the Ukrainian Energy Exchange. Therefore, the exchange constantly monitors the fulfillment by trading participants of their obligations under the concluded contracts, in accordance with the exchange rules and regulations.
By its resolution dated June 10 this year, the Exchange Committee decided to impose a sanction on a participant of the electronic auction in the direction of “Electricity” in the section “Auctions pursuant to Article 66 of the Law of Ukraine On the Electricity Market”, due to violation of the Rules of the Ukrainian Energy Exchange Limited Liability Company and the Rules for Organizing and Conducting an Electronic Auction for the Sale of Electricity on the Commodity Exchange - Ukrainian Energy Exchange Limited Liability Company, which took place on June 9, 2025. The winner of the auction did not sign the auction certificate within the period specified in the Regulations.
A sanction was imposed on the violating bidder in the form of withholding the blocked guarantee fee in the amount of UAH 9,576,000.00 and transferring this amount in favor of the seller.
The Exchange Committee emphasizes that the imposition of sanctions is a necessary measure to ensure openness, transparency and competition in trading. To prevent similar situations from occurring in the future, all participants must strictly comply with the UEEX Rules and Regulations for Organizing and Conducting Electronic Auctions and take responsibility for their duties.