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Electricity Generation Market Reform In Ukraine: Key Aspects

Author

Listed:
  • Mariya Kuznetsova

    (Ukrainian League of Industrialists and Entrepreneurs, Kiev)

Abstract

The paper deals with the issue of transitional shift to the establishment of the new structure of electricity generation market in Ukraine. Being predetermined by gradual post-soviet background, electricity market tended to demonstrate monopoly features and absence of competitive forces. Following the European regulations and requirements Ukraine is to adhere to, the unbundling principle is proclaimed as dominant, whereas rivalry and quality assurance are set as guarantees of sustainable energy sector development in the future. Within the current study significant focus was placed on outlining the distinctive features of both old and new market models, describing some underlying historical and socio-economic prerequisites. Special attention was paid to the issue of legal and structural consistency of electricity generation market reform in accordance with the international law and global development goals. The conclusion is dedicated to the efficiency aspect of new market operation model following unbundling and sustainability principles.

Suggested Citation

  • Mariya Kuznetsova, 2021. "Electricity Generation Market Reform In Ukraine: Key Aspects," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 19(3), pages 275-285.
    • Handle: RePEc:brv:journl:v:19:y:2021:i:3:p:275-285
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    File URL: https://fmv.euba.sk/RePEc/brv/journl/MV2021-3.pdf
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    References listed on IDEAS

    as
    1. Sven Heim, Bastian Krieger, and Mario Liebensteiner, 2020. "Unbundling, Regulation, and Pricing: Evidence from Electricity Distribution," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
    2. Dubois, Ute, 2009. "Adaptability of competitive electricity reforms a modular analysis," Energy Policy, Elsevier, vol. 37(4), pages 1213-1221, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    electricity generation; energy sector; market reform; sustainability; unbundling;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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