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Reforms of the Ukrainian Energy Industry
Balahura, Milan ; Svoboda, Karel (advisor) ; Lídl, Václav (referee)
The energy sector of Ukraine is of strategic importance not only within the national economy, but is also significant from a European perspective, because it includes transit energy networks that are essential for a large part of Europe. The fundamental problem still remains low energy efficiency of the economy, obsolete infrastructure, dysfunctional system and the absence of major reforms. At the moment, another round of reforms is taking place under the influence of a rapprochement with the European Union, to modernize the sector and adapt it to European standards. This work describes the development of the sector and the reform efforts since independence until today with a particular focus on the gas sector and the period 2014 to 2017. This is particularly the developments in the energy market, pricing policies, availability, security and decentralization of the system. In addition, the work also focuses on the development of energy efficiency, the environment and renewable energy sources. Following on the theoretical basis (especially the theory of institutional economics) through analysis of described facts assesses developments in the reforms and their impact on the whole sector including evaluation of the role and influence of oligarchs in these reform attempts. In terms of reforms, four...
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