{"id":962,"date":"2026-10-03T11:26:44","date_gmt":"2026-10-03T08:26:44","guid":{"rendered":"https:\/\/operator.co.ua\/en\/glossary\/"},"modified":"2026-10-03T11:26:44","modified_gmt":"2026-10-03T08:26:44","slug":"glossary","status":"publish","type":"page","link":"https:\/\/operator.co.ua\/en\/english\/glossary\/","title":{"rendered":"Glossary"},"content":{"rendered":"\n<div lang=\"en\"><p class=\"og-lead\">Terms and abbreviations you will meet on this website, explained simply.<\/p><div class=\"og-tablewrap\"><table class=\"og-table\"><thead><tr><th>Term<\/th><th>Meaning<\/th><\/tr><\/thead><tbody><tr><td>NEURC (\u041d\u041a\u0420\u0415\u041a\u041f)<\/td><td>National Energy and Utilities Regulatory Commission: issues licences, approves tariffs and market rules.<\/td><\/tr><tr><td>DAM (\u0420\u0414\u041d)<\/td><td>Day-ahead market: trading of electricity for the next day at hourly prices.<\/td><\/tr><tr><td>IDM (\u0412\u0414\u0420)<\/td><td>Intraday market: adjusting volumes within the day.<\/td><\/tr><tr><td>DSO (\u041e\u0421\u0420)<\/td><td>Distribution system operator: owns local networks and delivers electricity to consumers.<\/td><\/tr><tr><td>Ukrenergo<\/td><td>National power company and transmission system operator: runs the main grids and dispatching.<\/td><\/tr><tr><td>Transmission tariff<\/td><td>Fee for transporting electricity through the main grids, approved by NEURC.<\/td><\/tr><tr><td>Distribution tariff<\/td><td>Fee for transporting electricity through local networks; differs by DSO and voltage class.<\/td><\/tr><tr><td>Voltage class (1 and 2)<\/td><td>Class 1 \u2014 higher voltage (above 27.5 kV), class 2 \u2014 lower voltage.<\/td><\/tr><tr><td>EIC code<\/td><td>Unique energy identification code of a metering point or market participant.<\/td><\/tr><tr><td>Imbalance<\/td><td>Deviation of actual consumption from the declared volume; paid under market rules.<\/td><\/tr><tr><td>Price caps<\/td><td>Maximum and minimum prices allowed by the regulator on the DAM, IDM and balancing market.<\/td><\/tr><tr><td>Retail Market Rules (\u041f\u0420\u0420\u0415\u0415)<\/td><td>The rules governing relations between consumers and suppliers.<\/td><\/tr><tr><td>Automated metering (\u0410\u0421\u041a\u041e\u0415)<\/td><td>Automated commercial metering system that collects hourly consumption data remotely.<\/td><\/tr><tr><td>Solar plant (\u0421\u0415\u0421)<\/td><td>Solar power plant.<\/td><\/tr><tr><td>Energy storage (\u0423\u0417\u0415)<\/td><td>Battery-based energy storage installation.<\/td><\/tr><tr><td>Net billing<\/td><td>Mechanism for active consumers: surplus energy is sold, its value is accounted for in settlements.<\/td><\/tr><tr><td>Gas transmission system (\u0413\u0422\u0421)<\/td><td>Main gas pipelines operated by the Gas Transmission System Operator of Ukraine.<\/td><\/tr><\/tbody><\/table><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Terms and abbreviations you will meet on this website, explained simply. Term Meaning NEURC (\u041d\u041a\u0420\u0415\u041a\u041f) National Energy and Utilities Regulatory Commission: issues licences, approves tariffs and market rules. DAM (\u0420\u0414\u041d) Day-ahead market: trading of electricity for the next day at hourly prices. IDM (\u0412\u0414\u0420) Intraday market: adjusting volumes within the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":899,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-962","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/pages\/962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/comments?post=962"}],"version-history":[{"count":0,"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/pages\/962\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/pages\/899"}],"wp:attachment":[{"href":"https:\/\/operator.co.ua\/en\/wp-json\/wp\/v2\/media?parent=962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}