FINANCIAL, POLITICAL AND TECHNICAL ASPECTS OF ENERGY REFORMS IN UKRAINE IN THE POST-WAR PERIOD

Abstract

The main aspects of the energy industry reforms of Ukraine, the destruction of which is currently about 30% were contemplated. It is definitely obvious that before embarking on Ukraine’s energy sector reconstructions processes, it will be necessary to solve financial, political and technical issues in the first place. Possible sources of funding were listed. It is assumed that restoration works will be carried out at the expense of own state funds and funds of own businesses. Assistance is also expected from foreign financial organisations and international financial institutions. Also, private investments, both foreign and national investors, will be no less important. Ukraine and its Western partners are already intensively considering these issues and are taking certain steps in this direction. The legislative provisions and political decisions that must be approved for the successful launch of financing and implementation of the restoration of the energy system of Ukraine were defined. The main obstacles that may arise in the process of attracting investments were considered. Alternatives of the technical implementation of various projects, from the implementation of the concept of green energy to the construction of a network of distributed heating stations using biofuel instead of gas, coal and fuel oil, were analysed. Possible methods of energy accumulation, suitable for use in Ukraine, were studied.