BUSINESS INFORM №6-2018

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Section: Foreign Experience
UDC 338.22:336.64
Kovalenko L. O., Lukiashko P. O., Hnedina K. V.
The Experience of Using Financial Instruments of Modernization of Electric Power Industry by the Countries of Post-Soviet Space (p. 40 - 52)
The article is aimed at generalizing the experience of the post-Soviet countries on introduction of financial instruments of modernization of electric power industry sector. The article systematizes data on use of financial instruments of modernization of electric power industry by the governments of the former USSR countries. In addition to grouping of financial instruments by countries, was also assessed the transformation of structure of electricity production in the context of primary sources for 25 years (1990–2015). Attention was paid to renewable and fossil energy sources, with allocation of natural gas in the structure of the latter as more ecologically sustainable. As a result of the carried out research, the conclusion was obtained about the determining role of objective factors in the development of the country’s economy in the technological transformation of its electric power industry sector, while government actions to implement financial instruments for stimulating this process were generally of secondary importance.
Keywords: renewable energy sources, electric power industry, technological structure of the electric power industry sector, financial instruments.
Tabl.: 14. Bibl.: 45.

Kovalenko Larysa O. – Candidate of Sciences (Economics), Professor, Professor, Department of Finance, Banking and Insurance, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, 14027, Ukraine)
Email: [email protected]
Lukiashko Pavlo O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Banking and Insurance, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, 14027, Ukraine)
Email: [email protected]
Hnedina Kateryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting, Taxation and Audit, Chernihiv National University of Technology (95 Shevchenka Str., Chernihiv, 14027, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Kovalenko, Larysa O., Lukiashko, Pavlo O., and Hnedina, Kateryna V. (2018) “The Experience of Using Financial Instruments of Modernization of Electric Power Industry by the Countries of Post-Soviet Space.” Business Inform 6:40–52.

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