Entering the Balancing Market: Legal Aspects of Forming a Balancing Group

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The modern Ukrainian energy market demands utmost financial discipline from businesses. Due to full financial liability for imbalances and significant price fluctuations, traditional individual operational strategies are losing their effectiveness.

Joining a balancing group allows companies to make potential expenses manageable. However, without a robust legal shield, the balancing responsible party (BRP) risks turning into a free donor for others' defaults.

This text is being translated.

Publication date: 24/07/2026

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About author

Name: Marina Losenko

Position: Associate

Education: National Aviation University

Knowledge of languages: Russian, Ukrainian

Email: [email protected]

Marina Losenko is a lawyer of the company, specializing in corporate law and intellectual property law.

Marina has extensive experience of registration and dissolution of enterprises, charities and non-governmental organizations, representative offices of foreign companies as well as formalization of changes to registration information of the entities.

For quite a long time she has been working in the field of licensing and obtained licenses for different types of business activities including sale of medicines (license for activities of drugstores); wholesale of pesticides and agrochemicals; activities with scrap; activities with hazardous wastes; operations with scrap of precious metals and gemstones; private security services; transportation; tour services; use of redio frequency resource; IPTV services, etc.

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