THE REFORM OF THE ELECTRIC ENERGY SYSTEM IN UKRAINE

The main problems connected with the functioning of electric energy market in Ukraine include: losing control over part of the energy infrastructure and raw material resources due to the annexation of the Crimea and civil war in the eastern part of the country, excessive energy dependency on Russia, too low energy prices, unstable political situation, corruption and oligarch-oriented economy. The starting point for the Ukrainian electric energy in the reform era should be considered as critical: considerable part of the infrastructure is outdated and used in an inefficient way and traditional system of providing such raw materials as gas, coal or enriched uranium has broken down, which makes it difficult to obtain energy independence and self-sufficiency from Russia. The answer to all those recognized problems and potential threats is the programme of profound reforms and changing of the model of functioning of electric energy market, whose main aim is modernization and making the system market-oriented as well as its full integration with the European system