Bìznes Inform (Jul 2018)
Developing Methods of Estimation of Influence of the Expected/Postponed Modernization of Electric Power Industry on the Fiscal and Energy Security of Ukraine
Abstract
The article is aimed at generalizing the possibilities of applying the existing methodical developments to determine the level of fiscal and energy security of the country, as well as developing of the author’s own vision of the estimation of impact of electric power industry modernization on the indicated characteristics. A review of domestic and foreign methods of estimation of fiscal and energy security of the country showed their unadaptability to the needs of estimation of the impact of electric power industry modernization on the indicated characteristics. In the course of research the author’s proposals on methods of estimation of influence of transformations of the electric power sector on the indicated kinds of security were substantiated. This approach eliminates the problem of complex understanding of the methodology and interpretation of the results of its application. In terms of estimation of the impact of electric power industry modernization on the country’s fiscal security, it is proposed to determine the amounts of customs underpayments to the budget due to the refusal of imported fuel and transition to renewable energy sources, as well as additional excise tax and VAT revenues from the price difference of electricity power sales to the network.
