Bìznes Inform (Jan 2018)
Analyzing the Plans for Renewal of Ukrainian Electricity Industry Within the Framework of International Technical Assistance Projects
Abstract
The article is aimed at assessing the practice of providing the Ukrainian electricity industry sector with funds within the framework of international technical assistance projects (ITA) and trying to predict the further efficiency of this financial instrument for financing the electricity industry modernization projects. International technical assistance is a potentially powerful source of financial resources for the renewal of the industry. However, an analysis of the practice of its provision according to two sectors, adjacent to the electricity industry, – «nuclear safety» and «energy and power efficiency» – does not allow to predict the efficiency of the international assistance as a source for modernization of the industry. The results of the analysis show that the ITA is closely linked to the interests and objectives of donors, and the modernization of electricity industry is a business project, the main result of which should be profit. The latter fact shifts the focus of the search for funding towards investments rather than donor infusions.
