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Institutional Grounds of State Regulation of Interrelation of Subjects of the Electric Energy Market

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  • Koliesnichenko Anastasiia S.

    () (National Technical University "Kharkiv Polytechnic Institute")

Abstract

The article improves the theoretical and mathematical mechanism in order to put in order institutional grounds of state regulation of interrelations that appear between subjects of the energy market in the process of electric energy trade. The article establishes structural and logical links between institutional factors of economic development and those functions of the state, which the state regulation of interrelations of subjects of the electric energy market is based upon. Based on the evolution approach the article analyses institutional instruments of state regulation of interrelation of subjects of the electric energy market, which takes into account specific features of its operation, specific conditions of development and creates a scientific and methodical basis for formation of concepts, strategies and programmes of development of the market of electric energy at the state level. The article considers and offers ways of improvement of the regulatory and legal provision of the process of state regulation of inter-subject relations of participants of the electric energy market with the aim of increase of scientific justification of draft laws and taking into consideration urgent problems when improving and developing regulatory and legal acts.

Suggested Citation

  • Koliesnichenko Anastasiia S., 2014. "Institutional Grounds of State Regulation of Interrelation of Subjects of the Electric Energy Market," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 3, pages 61-70.
  • Handle: RePEc:idp:bizinf:y:2014:i:3:p:61_70
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    References listed on IDEAS

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    1. Polterovich, Victor, 2007. "Institutional Trap," MPRA Paper 20595, University Library of Munich, Germany.
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