CURRENT STATE AND PROSPECTS OF UKRAINIAN ENERGY SECTOR ENTERPRISES’ DEVELOPMENT IN THE CONDITIONS OF A TURBULENT ENVIRONMENT

Abstract

Due to Russia's military aggression, Ukraine's economy suffered significant losses in all sectors, including the energy sector. As of today, there is no critical shortage of energy resources and carriers, so it is possible to discuss maintaining the necessary level of economic and population safety. However, undoubtedly, the danger has not disappeared, and on the contrary, risks have increased and new challenges have emerged for the sustainable functioning and development of the energy sector. In this article, statistics were taken into account for a deeper understanding of the situation in the energy sector, both during the full-scale invasion and leading up to it. Specifically, the analysis of the pre-war period highlighted the structure of electricity production and supply in Ukraine, the amount of final consumption overall and by activity type, energy intensity coefficients, and the main aspects of Ukraine's energy state with descriptions of both positive and negative aspects. The analysis of this sector during the war provided information about damages and destruction of energy infrastructure objects, the decrease in energy generation and usage, territorial diversification of electricity production, synchronization of Ukraine's unified energy system with the European "ENTSO-E" continental network, key risks, problems, and ways to overcome or minimize them. Taking into account the above, this article analyzes and lays the foundation for the reconstruction and modernization of the economy in the post-war period, particularly for managing the energy recovery in the future, considering that a significant part of the infrastructure is damaged or destroyed. In this regard, it is essential to utilize the experiences of European Union countries and their most effective practices in addressing similar tasks in the energy sector. Therefore, the relevance of the topic is driven by the high degree of turbulence in the external environment against the backdrop of military invasion, which affects the overall functioning of Ukraine's energy system, particularly the effectiveness of managing energy sector enterprises and ensuring their strategic long-term development in the present time.