Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis

Reforming Ukraine’s energy sector is targeted at the implementation of European legislation into national practice. However, the lack of a vision of the country’s energy model, coordinated with trends and priorities of its economic development, is creating a number of problems with its energy supply...

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Main Authors: Kyzym Mykola, Khaustova Viktoriia, Shpilevskyi Volodymyr, Salashenko Tetiana, Hrynkevych Svitlana, Kruchinina Oksana
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/45/e3sconf_iscmee2023_01018.pdf
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author Kyzym Mykola
Khaustova Viktoriia
Shpilevskyi Volodymyr
Salashenko Tetiana
Hrynkevych Svitlana
Kruchinina Oksana
author_facet Kyzym Mykola
Khaustova Viktoriia
Shpilevskyi Volodymyr
Salashenko Tetiana
Hrynkevych Svitlana
Kruchinina Oksana
author_sort Kyzym Mykola
collection DOAJ
description Reforming Ukraine’s energy sector is targeted at the implementation of European legislation into national practice. However, the lack of a vision of the country’s energy model, coordinated with trends and priorities of its economic development, is creating a number of problems with its energy supply. The aim of the presented study is to assess the consistency of trends in the economic and energy development of Ukraine. To achieve the goal, a methodological approach to assessing the consistency of trends and structural changes in the economy and energy sector was developed. It was proposed to carry out the assessment based on the analysis of the resource / commodity and production / consumption chains of the electric power industry, and the conditions of the electric power market. It was proved that the trends and structural changes in the economy of Ukraine were not accompanied by corresponding changes in the energy sector of the country. Such inconsistency conditioned: a low level of utilization of installed power generation capacities and, consequently, a high level of unused power generation reserves; a high level of power generation reserves that determined a significant level of non-productive costs and, consequently, a high total cost of power production.
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spelling doaj.art-2253362790ce4e3eae8b4e36e22661c62023-08-10T13:16:09ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014080101810.1051/e3sconf/202340801018e3sconf_iscmee2023_01018Consistency of trends in the economic and energy development of Ukraine: Assessment and analysisKyzym Mykola0Khaustova Viktoriia1Shpilevskyi Volodymyr2Salashenko Tetiana3Hrynkevych Svitlana4Kruchinina Oksana5Research Center for Industrial Problems of Development, National Academy of Sciences of UkraineResearch Center for Industrial Problems of Development, National Academy of Sciences of UkraineResearch Center for Industrial Problems of Development, National Academy of Sciences of UkraineResearch Center for Industrial Problems of Development, National Academy of Sciences of UkraineNational University “Lviv Polytechnic”National University “Lviv Polytechnic”Reforming Ukraine’s energy sector is targeted at the implementation of European legislation into national practice. However, the lack of a vision of the country’s energy model, coordinated with trends and priorities of its economic development, is creating a number of problems with its energy supply. The aim of the presented study is to assess the consistency of trends in the economic and energy development of Ukraine. To achieve the goal, a methodological approach to assessing the consistency of trends and structural changes in the economy and energy sector was developed. It was proposed to carry out the assessment based on the analysis of the resource / commodity and production / consumption chains of the electric power industry, and the conditions of the electric power market. It was proved that the trends and structural changes in the economy of Ukraine were not accompanied by corresponding changes in the energy sector of the country. Such inconsistency conditioned: a low level of utilization of installed power generation capacities and, consequently, a high level of unused power generation reserves; a high level of power generation reserves that determined a significant level of non-productive costs and, consequently, a high total cost of power production.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/45/e3sconf_iscmee2023_01018.pdf
spellingShingle Kyzym Mykola
Khaustova Viktoriia
Shpilevskyi Volodymyr
Salashenko Tetiana
Hrynkevych Svitlana
Kruchinina Oksana
Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis
E3S Web of Conferences
title Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis
title_full Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis
title_fullStr Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis
title_full_unstemmed Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis
title_short Consistency of trends in the economic and energy development of Ukraine: Assessment and analysis
title_sort consistency of trends in the economic and energy development of ukraine assessment and analysis
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/45/e3sconf_iscmee2023_01018.pdf
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AT salashenkotetiana consistencyoftrendsintheeconomicandenergydevelopmentofukraineassessmentandanalysis
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