| ACER | EU Agency for the Co‑operation of Energy Regulators |
| AMCU | Antimonopoly Committee of Ukraine |
| BAM | Bilateral agreement market |
| BEI | Burshtyn Energy Island |
| BM | Balancing market |
| CHP | Combined heat and power |
| CMU | Cabinet of Ministers of Ukraine |
| DAM | Day-ahead market |
| DSO | Distribution system operator |
| EML | Electricity Market Law |
| ENTSO-E | European Network of Transmission System Operators for Electricity |
| EU | European Union |
| FiT | Feed-in tariff (also referred to as “green” tariff) |
| GB | Guaranteed Buyer |
| GWh | Gigawatt-hour |
| HHI | Herfindahl-Hirschman Index |
| IDM | Intraday market |
| IPS | Integrated power system |
| MO | Market Operator |
| MWh | Megawatt-hour |
| NERC | National Energy Regulatory Commission (predecessor of NEURC) |
| NEURC | National Energy and Utilities Regulatory Commission |
| NPP | Nuclear power plant |
| NRA | National regulatory authorities |
| PSI | Pivotal Supplier Index |
| PSO | Public service obligation |
| REMIT | Regulation on Wholesale Energy Market Integrity and Transparency |
| RSI | Residual Supply Index |
| RES | Renewable energy sources |
| TSO | Transmission system operator |
| TWh | Terawatt-hour |
| UAH | Ukrainian Hryvnia |
| UEEX | Ukrainian Energy Exchange |
| USD | United States Dollars |
| USS | Universal service supplier |
| VoLL | Value of lost load |
| WACC | Weighted average cost of capital |
Competition Market Study of Ukraine’s Electricity Sector
