KNESS received a license for aggregation in the electricity market

The decision was ratified today, on December 10, at a meeting of The National Commission for State Regulation of Energy and Public Utilities.

Obtaining a license is the first step towards launching the operation of a new electricity market participant — the Aggregator, and also is a contribution to the development of distributed generation in the country. The aggregator is an important component in dispatching, as it manages the capacity of distributed facilities, consumption, production, and energy storage. For active consumers owning generating facilities and/or energy storage facilities, this provides an opportunity to generate additional income, and for the transmission system operator, it means more balancing capacities and simplification of the dispatch management structure for low-power electrical installations.

As a reminder, the aggregation mechanism was implemented by the Law of Ukraine No. 3220-IX.

According to the Law, aggregation is a licensed type of activity in the electricity market carried out by a business entity that is related to the association of electrical installations intended for the production and/or consumption and/or storage of electricity for the purpose of purchasing and selling electricity, providing ancillary services and/or balancing services in the electricity market. In turn, the Aggregator is an entity (electricity market participant) that provides capacity management services to producers/consumers/operators of energy storage facilities for the provision of ancillary services and/or balancing services.