Analyzing the State Policy on Development of the Electric Power Industry of Ukraine

Abstract

The article proves that modern energy economy in general and electric power industry in particular is one of the backbone elements of national economies, determining the direct interdependence of the general economic and energy economic tendencies of their development. The article is aimed at analyzing the State policy of Ukraine's electric power industry development and defining the problems and prospects in this sphere. The basic provisions of legislative acts regulating issues of functioning and development of generation, transmission and distribution of electric power in Ukraine are analyzed. It is proved that these documents were developed separately from each other and at different periods of time, therefore not coordinated to each other, and the main reason of contradictions of the official forecasts of development of electric power industry is absence of strategy as to development of the country as a whole. The conclusions, proposals and forecasts developed by the economic entities in the sphere of electric power industry are analyzed. It is determined that the greater need for investment resources in view of limited own resources and limited access to credit resources requires the development of a rational sequence of construction, reconstruction and modernization of generating capacities, first of all thermal power plants.

Keywords

• electric power industry
• the State policy
• legislative acts
• generating capacities
• production
• investments
• forecast